Citation : 2021 Latest Caselaw 20709 Ker
Judgement Date : 5 October, 2021
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943
OP (DRT) NO. 155 OF 2021
AGAINST THE ORDER/JUDGMENT IN SA 206/2020 OF DEBT RECOVERY
TRIBUNAL, ERNAKULAM, ERNAKULAM
PETITIONER:
BIJI B.
W/O. SATHEESH KUMAR, AGED 40 YEARS,
ANIZHAM, VILLIMANGALAM,
MONDROTHURUTH , KOLLAM-691 010
BY ADV R.S.KALKURA
RESPONDENTS:
1 THE AUTHORISED OFFICER
THE DHANALAXMI BANK LTD, REGIONAL OFFICE,
THIRUVANANTHAPURAM, AMRITH PLAZA, 2ND FLOOR,
TC 30/1368/4, PETTAH P.O.,
THIRUVANANTHAPURAM,PIN-695 024
2 MOHAN BALAKRISHNAN,
AGED 58 YEARS
S/O. BALAKRISHNAN, RESIDING AT VINU BHAVAN,
PATTAMTHURUTH P.O., PATTAMTHURUTHU MURI,
MONROTHURUTH, KOLLAM,PIN-691 502
3 THE DEBT RECOVERY TRIBUNAL-II,
5TH FLOOR, KERALA STATE HOUSING BOARD,
PANAMPILLY NAGAR, ERNAKULAM-682 036
THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON
05.10.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
OP (DRT) NO. 155 OF 2021
2
BECHU KURIAN THOMAS, J
===========================
O.P(DRT) No.155 of 2021
---------------------------------
Dated this the 5 th day of October, 2021
JUDGMENT
The sole relief sought for in this original petition is
for a direction to the 3 rd respondent-Tribunal to
consider the interim prayer in Ext.P4, as
expeditiously as possible, in a time bound manner.
2. The interim relief sought for in Ext.P4
securitisation application is to restrain the 3 rd
defendant therein, who is the 2 nd respondent in this
original petition from altering the lie, nature and
character of the scheduled property, till the disposal
of the application.
3. Adv.C.K.Karunakaran, appearing on behalf of the
1 st respondent takes notice and submits that, the
property, relating to which relief is clained in this
original petition was sold under the SARFAESI Act, OP (DRT) NO. 155 OF 2021
on 05.11.2019 and thereafter a sale certificate dated
03.12.2019 was issued by the authorised officer.
The sale certificate was thereafter registered on
11.03.2020 in favour of the 2 nd respondent-auction
purchaser. It was also submitted that the petitioner
approached the DRT with the securitisation
application only in August, 2020 and that Tribunal
refused to grant any interim order, inspite of the
case being taken up ten times. According to the
respondents, it was only thereafter, noticing that the
Tribunal is not functioning, the petitioner has come
up with the present original petition seeking a
direction for an early consideration of the interim
prayer.
4. I have heard Adv.Harish Gopinath, the learned
counsel for the petitioner as well as
Adv.C.K.Karunakaran, the learned counsel for the
respondent.
OP (DRT) NO. 155 OF 2021
5. On a consideration of the contentions raised by
both the counsel, I am of the view that this is not a
fit case wherein this Court should indulge in
exercising its discretionary jurisdiction under Article
227 of the Constitution of India for more reasons
than one.
6. The sale took place on November, 2019 and the
sale deed was registered on 11.03.2020. Though
petitioner had ample time to approach the DRT to
obtain appropriate orders, he failed to do so until
August, 2020. DRT did not grant any interim
orders in the said case. This Court reminds itself
that once sale certificate is registered, the rights of
the auction purchaser crystalises and vested rights
accrue to the said acution purchaser. Such a right
cannot be defeated by recourse to Article 227 of the
Constitution of India that too when the securitisation
application is pending.
OP (DRT) NO. 155 OF 2021
7. The relief claimed in this original petition is not
as innoccous as it looks. If allowed, the relief can
havve a tendency to interfere with crystalysed rights
of the acution purchaser. On the other hand,
petitioner will not be put to any prejudice if relief
in this original petition is refused, since, if
ultimately the contentions of the petitioner are
accepted by the Tribunal, there are provisions for
restoring the rights of the petitioner.
In such circumstances, I do not find any reason to
issue any direction and hence, this original petition
is dismissed.
Sd/-
BECHU KURIAN THOMAS, JUDGE AMV/06/10//2021 OP (DRT) NO. 155 OF 2021
APPENDIX OF OP (DRT) 155/2021
PETITIONER'S EXHIBITS
Exhibit P1 TRUE COPY OF THE SALE NOTICE DATED 05.10.2019 ISSUED BY THE 1ST RESPONDENT TO THE PETITIONER
Exhibit P2 TRUE COPY OF THE SALE CERTIFICATE ISSUED BY THE 1ST RESPONDENT TO THE 2ND RESPONDENT DATED 3.12.2019
Exhibit P3 TRUE COPY OF THE NOTICE DATED 24.06.2020 IN W.P.(C)11580 OF 2020
Exhibit P4 TRUE COPY OF THE RELEVANT PORTION OF THE S.A.NO.206 OF 2020 ON THE FILE OF THE DEBT RECOVERY TRIBUNAL -II, ERNAKULAM
Exhibit P5 TRUE COPY OF THE JUDGMENT DATED 10.09.2020 IN W.P.(C)15293 OF 2021
RESPONDENT'S EXHIBITS: NIL
//TRUE COPY//
PA TO JUDGE
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