Citation : 2021 Latest Caselaw 5437 Ker
Judgement Date : 15 February, 2021
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE A.M.BADAR
MONDAY, THE 15TH DAY OF FEBRUARY 2021 / 26TH MAGHA,1942
WP(C).No.3806 OF 2021(A)
PETITIONER:
SUNIL V.K.
S/O. PANOTH KELU, VATTAYAN KIZHAKE VEETTIL,
KANKOL P. O., PAYYANUR, KANNUR DISTRICT.
BY ADVS.
SRI.P.SAMSUDIN
SRI.M.ANUROOP
RESPONDENTS:
1 THE PAYYANUR CO-OPERATIVE TOWN BANK LTD.,
REPRESENTED BY ITS SECRETARY, PAYYANNUR,
PAYYANUR P.O. - 670 307, KANNUR DISTRICT.
2 THE AUTHORISED RECOVERY OFFICER,
THE PAYYANUR CO-OPERATIVE TOWN BANK LTD.,
PAYYANUR P. O. - 670 307, KANNUR DISTRICT.
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
15.02.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
W.P.(C) No.3806/2021 2
JUDGMENT
Dated this the 15th day of February 2021
Heard learned counsel for the petitioner. He argued that the
petitioner is challenging the notice at Ext.P1 issued under
Section 13(2) of the SARFAESI Act. It is argued that the
petitioner has availed a loan of Rs.15 lakhs from the respondent-
Bank and repayments of that loan are defaulted due to financial
constraints caused by nationwide lockdown on account of Covid-19
pandemic.
I have considered the submissions so advanced. In the light
of the judgment of the Hon'ble Apex Court in the matter of
Authorized Officer, State Bank of Travancore and another
vs. Mathew K.C reported in 2018(1) KLT 784, this writ petition,
as framed and filed, is not maintainable. The same is accordingly
dismissed with liberty to the petitioner to approach appropriate
authority under law.
Sd/-
A.M.BADAR
JUDGE
smp
APPENDIX PETITIONER'S EXHIBITS:
EXHIBIT P1 TRUE COPY OF THE NOTICE DATED 25.11.2020 ISSUED BY THE 2ND RESPONDENT TO THE PETITIONER (ALONG WITH ENGLISH TRANSLATION).
RESPONDENTS' EXHIBITS: NIL.
True Copy
P.S to Judge
smp
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