Citation : 2022 Latest Caselaw 4742 Ker
Judgement Date : 26 April, 2022
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR.JUSTICE ZIYAD RAHMAN A.A.
TUESDAY, THE 26TH DAY OF APRIL 2022 / 6TH VAISAKHA, 1944
WP(C) NO. 14628 OF 2022
PETITIONER:
VIJIN RAJ R.
AGED 32 YEARS
S/O. RAJU, C.R. BHAVAN,
CHAVALLUR POTTA,
ARAYUR P. O., THIRUVANANTHAPURAM,
PIN - 695 122.
BY ADVS.
R.T. PRADEEP
M. BINDUDAS
K.C. HARISH
RESPONDENT:
AUTHORISED OFFICER/CHIEF MANAGER
KERALA GRAMIN BANK,
REGIONAL OFFICE,
PRAVIN TOWERS, BAKERY JUNCTION,
THIRUVANANTHAPURAM,
PIN - 695 014.
SRI. JAWAHAR JOSE - SC
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
26.04.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C).No.14628 OF 2022
2
JUDGMENT
The petitioner challenging the recovery proceedings
initiated against him under the provisions of SARFAESI
Act.
2. Sri.Jawahar Jose, the learned Standing
Counsel appearing for the respondent.
3. Since the petitioner is having an adequate
remedy under Section 17 of the Act, this Court is of the
view that, this writ petition is not maintainable. In such
circumstances, this writ petition is disposed of relegating
the petitioner to approach the Debt Recovery Tribunal
challenging the notice impugned in this case by invoking
his statutory remedy.
In order to facilitate the petitioner to do so, the
coercive proceedings initiated against the petitioner
herein shall be kept in abeyance for a period of one WP(C).No.14628 OF 2022
week. It is clarified that the interim order granted is
only to enable the petitioner to avail the statutory
remedy and I have not expressed any opinion on the
merits of the case.
Sd/-
ZIYAD RAHMAN A.A.
JUDGE
SPR WP(C).No.14628 OF 2022
APPENDIX
PETITIONER EXHIBITS
EXHIBIT P1 TRUE COPY OF THE ORDER DATED 03.03.2022 IN M.C.NO.141/2022 BY CHIEF JUDICIAL MAGISTRATE COURT, THIRUVANANTHAPURAM. EXHIBIT P2 TRUE COPY OF THE NOTICE DATED 26.03.2022 BY ADVOCATE COMMISSIONER TO TAKE PHYSICAL POSSESSION OF SECURED ASSET ON 28.04.2022.
RESPONDENT'S EXHIBITS: NIL.
Publish Your Article
Campus Ambassador
Media Partner
Campus Buzz
LatestLaws.com presents: Lexidem Offline Internship Program, 2026
LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!