Thomas P.S vs Punjab National Bank

Citation : 2022 Latest Caselaw 8092 Ker
Judgement Date : 29 June, 2022

Kerala High Court
Thomas P.S vs Punjab National Bank on 29 June, 2022
              IN THE HIGH COURT OF KERALA AT ERNAKULAM
                              PRESENT
               THE HONOURABLE MR. JUSTICE GOPINATH P.
     WEDNESDAY, THE 29TH DAY OF JUNE 2022 / 8TH ASHADHA, 1944
                      WP(C) NO. 20376 OF 2022
PETITIONER:

          THOMAS P.S.
          AGED 41 YEARS, S/O SALAS, AGED 41 YEARS
          PARAPPURAM (H),KOOVAPADY (P.O)
          PERUMBAVOOR, ERNAKULAM-683544.

          BY ADVS.
          MUMTAZ SHAMSUDDIN
          AJITH M. JIJI
          ALISHA ASLAM


RESPONDENT:

          PUNJAB NATIONAL BANK
          REPRESENTED BY THE AUTHORIZED OFFICER,
          SASTHRA CENTRE, ERNAKULAM, (D NO.4459)
          1ST FLOOR, PNB HOUSE NO.40/1461, MARKET ROAD
          ERNAKULAM,PIN 682011 -

          BY ADVS.
          M.N.UMARANI
          SALIHA BEEVI P.A




     THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
29.06.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
 W.P (C) No.20376/2022                   -2-

                                JUDGMENT

The petitioner has approached this Court being aggrieved by the proceedings initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) for the sale of the petitioner's property which was scheduled to be held on today (29-06-2022).

2. When this matter is taken up for consideration, it is the submission of Adv. Uma Rani, the learned standing counsel appearing for the respondent bank that there are no bidders and therefore the sale cannot be conducted today.

3. Taking note of the above submission, this writ petition is closed, reserving the liberty of the petitioner to approach the Debts Recovery Tribunal for appropriate reliefs.

Sd/-

GOPINATH P.

JUDGE AMG W.P (C) No.20376/2022 -3- APPENDIX OF WP(C) 20376/2022 PETITIONER EXHIBITS Exhibit P1 TRUE COPY OF SALE NOTICE DATED 20/05/2022 ISSUED BY THE RESPONDENT TO THE PETITIONER.

Exhibit P2 REQUEST LETTER DATED 10/06/2022 GIVEN BY THE PETITIONER TO THE RESPONDENT.