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Agp City Gas Private Limited vs M/S. Lynx Properties & Developers
2021 Latest Caselaw 23303 Ker

Citation : 2021 Latest Caselaw 23303 Ker
Judgement Date : 25 November, 2021

Kerala High Court
Agp City Gas Private Limited vs M/S. Lynx Properties & Developers on 25 November, 2021
OP (DRT) No.261/2021                         1/5

                         IN THE HIGH COURT OF KERALA AT ERNAKULAM

                                          PRESENT
                       THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
          Thursday, the 25th day of November 2021 / 4th Agrahayana, 1943
                             OP (DRT) NO. 261 OF 2021
     I.D NO 9205/2021 IN SA 177/2021 OF DEBT RECOVERY TRIBUNAL-II, ERNAKULAM
   PETITIONER/PETITIONER /3RD DEFENDANT:

          AGP CITY GAS PRIVATE LIMITED, HAVING CORPORATE OFFICE AT NO.23,
          RAJIV GANDHI SALAI (OMR), 1ST FLOOR, BUILDING NO.CORE 2, PACIFIC
          TECH PARK, NAVALUR, CHENNAI-600 130, REPRESENTED BY ITS AUTHORISED
          OFFICER.

   RESPONDENTS/RESPONDENTS/APPLICANTS & DEFENDANTS NO 1 &2:

      1. M/S. LYNX PROPERTIES & DEVELOPERS, NO.1, SKYLINE SPRING FIELD,
         PADIVATTOM, EDAPPALLY P.O., ERNAKULAM,PIN-, REPRESENTED BY ITS
         PARTNER MR.LAJI JOSEPH, S/O.P.K.JOSEPH, PUTHUPPARA HOUSE, 8/192,
         THURAVOOR, KIDANGOOR P.O., ANGAMALY, ERNAKULAM, PIN-683 572.
      2. M/S. ORMA TIMBERS, VII/157A, OPPOSITE FEDERAL BANK, THANKEY
         JUNCTION, CHERTHALA, ALAPPUZHA, PIN-688 524, REPRESENTED BY ITS
         PARTNER MR.LAJI JOSEPH, S/O.P.K.JOSEPH, PUTHUPPARA HOUSE, 8/192,
         THURAVOOR, KIDANGOOR P.O., ANGAMALY, ERNAKULAM, PIN-683 572.
      3. BANK OF BARODA, ERNAKULAM MAIN BRANCH, PB NO.1772, PALLIMUKKU,
         M.G.ROAD, ERNAKULAM, PIN-682 016.
      4. THE AUTHORIZED OFFICER, BANK OF BARODA, ERNAKULAM MAIN BRANCH,
         P.B.NO.1772, PALLIMUKKU, M.G.ROAD, ERNAKULAM, PIN-682 016.


        OP (Debt Recovery Tribunal) praying inter alia that in the
   circumstances stated in the affidavit filed along with the OP (DRT) the
   High Court be pleased to

        A. vacate the exparte ad interim order dted 27-08-2021 passed by the
   Hon'ble Debt Recovery Tribunal, Ernakulam in the interests of justice,
   pending consideration of this Original Petition.

        B. pass an order clarifying that the ex-partee ad- interim order
   dated 27-08-2021 passed by the Hon'ble Debt Recovery Tribunal, Ernakulam
   in SA No. 177 of 2021 does not restrain the Petitioner from continuing the
   construction in 64 cents (25.9 Ares) of land comprised in Survey Nos. 228/
   07-1 & 228/07 of Vayalar East Village, Uzhuva Muri, Cherthala Taluk,
   Alappuzha District and from commissioning the LCNG station therein.


        This petition coming on for admission upon perusing the petition and
   the affidavit filed in support of OP (DRT) and upon hearing the arguments
   of SRI. JOSEPH KODIANTHARA & VIVEK CHIB Senior Advocates along with M/S
   Dr. MATHEW A KUZHALNADAN, KURIAKOSE VARGHESE, V.SHYAMOHAN, SUDEEP ARAVIND
   PANICKER & SRADHAXNA MUDRIKA, Advocates for the petitioners and of SRI.
   NAGRAJ NARAYANAN , Standing Counsel for the respondents 3 & 4, the court
   passed the following:
 OP (DRT) No.261/2021                            2/5




                               BECHU KURIAN THOMAS, J.
                             =-=-=-=-=-=-=-=-=-=-=-=-=-=
                                O.P.(DRT) No.261 of 2021
                             =-=-=-=-=-=-=-=-=-=-=-=-=-=
                        Dated this the 25th day of November, 2021


                                                ORDER

In view of the non-functioning of the Debts Recovery

Tribunal, Ernakulam as well as the Debts Recovery Appellate

Tribunal, Chennai, petitioner has no forum to challenge Ext.P12

(certified copy of which is produced as Ext.P14). As the petitioner's

right to have access to justice against Ext.P14 is prejudiced due to

absence of a forum, this writ petition is admitted.

2. Adv.Nagaraj Narayanan takes notice for respondents 3

and 4. Issue notice by special messenger to respondents 1 and 2.

3. The learned Senior Counsel Sri.Joseph Kodianthara and

Senior Counsel Sri.Vivek Chib, duly instructed by Adv.Sudeep Aravind

Panicker submitted that, the property was purchased by the

petitioner in a sale by private treaty under the SARFAESI Act, 2003

on 28.02.2020 and was directed to be registered by this Court, as

evident from the judgment in W.P.(C) No.16997/2020 dated

24.09.2020. Pursuant to the direction, the sale was registered on

11.12.2020 as Deed No.2226/2020, evidenced by Ext.P3 sale

certificate.

 OP (DRT) No.261/2021                        3/5




       O.P. (DRT) NO. 261 OF 2021





4. The learned Senior Counsel pointed out that, in the

meantime, the first respondent preferred a securitisation application

challenging the sale, alleging that notice under Section 13(2) of the

SARFAESI Act was not served on them. It is argued that the afore

contention is incorrect and contrary to the finding in the order in

T.S.A.No.719/2016 of DRT dated 11.07.2019 where, the very same

contentions were negatived earlier.

5. The learned Senior Counsel submitted that without

revealing the prior order above mentioned, a fresh securitisation

application was preferred as S.A.No.177/2021 and an ex parte order

was obtained by the first respondent wherein the Tribunal has

directed to maintain status quo.

6. The learned Senior Counsel further submitted that the

order of status quo causes irreparable prejudice and hardships to the

petitioner, as it has halted the project to lay, build and operate a City

Gas Distribution Network for the districts of Alleppey, Kollam and

Thiruvananthapuram, the work of which is required to be completed

time bound.

7. Having regard to the aforesaid submissions, and on

being prima facie satisfied of the merits of the contentions raised, I OP (DRT) No.261/2021 4/5

O.P. (DRT) NO. 261 OF 2021

find Ext.P12 (Ext.P14) order as prima facie contrary to law and liable

to be stayed.

Accordingly, I hereby stay the operation of the order dated

27.08.2021 in S.A.No.177/2021 of the Debts Recovery Tribunal,

Ernakulam, copy of which is produced as Ext.P14, until further

orders, subject to the condition that petitioner shall not alienate or

transfer the property in dispute without getting further orders from

this Court.

Sd/-

                                                BECHU KURIAN THOMAS, JUDGE
       RKM




25-11-2021                        /True Copy/                        Assistant Registrar
 OP (DRT) No.261/2021                 5/5

                       APPENDIX OF OP (DRT) 261/2021
Exhibit P12            TRUE COPY OF THE INTERLOCUTORY APPLICATION DATED

08.11.2021 FILED BY THE PETITIONER SEEKING DIRECTIONS AND BEARING ID NO.9205/2021 IS IN SA 177/2021. Exhibit P14 CERTIFIED COPY OF THE ORDER DATED 27-08-2021 IN S.A 177/2021 ISSUED BY THE HON'BLE DRT- II, ERNAKULAM. Exhibit P3. True copy of the registered Sale Certificate dated 11/12/2020 executed in favoour of the Petitioner

 
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