Citation : 2022 Latest Caselaw 9974 Ker
Judgement Date : 31 August, 2022
OP (DRT) No.286/2022 1/3
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE GOPINATH P.
Wednesday, the 31st day of August 2022 / 9th Bhadra, 1944
OP (DRT) NO. 286 OF 2022
SA 7225/2022 OF DEBT RECOVERY TRIBUNAL, ERNAKULAM, ERNAKULAM
PETITIONER:
SUNITHA MENON AGED 55 YEARS U-67,ASWATHY GARDENS, CHITTATTUMUKKU
,CHITTATTUMUKKU,P.O.THIRUVANADHAPURAM, PIN - 695301
RESPONDENT:
1. THE BRANCH MANAGER, UNION BANK OF INDIA UNION BANK OF INDIA ATTINGAL
BRANCH, AMC-17921,SHAMS COMPLEX ,OPPOSITE .K.S.R.T.C BUS
STAND,V.V.C.ROAD,ATTINGAL, THIRUVANADHAPURAM DISTRICT, PIN - 695101
2. THE AUTHORIZED OFFICER ,UNION BANK OF INDIA ,UNION BANK BHAVAN
,STATUTE ,M.G.ROAD ,THIRUVANADHAPURA UNION BANK OF INDIA,UNION BANK
BHAVAN,STATUTE MG ROAD,THIRUVANADHAPURAM, PIN - 695001
3. THE REGIONAL MANAGER UNION BANK OF INDIA, UNION BANK OF INDIA
BHAVAN,STATUTE MG ROAD ,THIRUVANADHAPURAM, PIN - 695001
4. THE CHEIF COMPLIANCE OFFICER COMPLIANCE DEPARTMENT ,10TH FLOOR,
UNION BANK BHAVAN,VIDHAN BHAVAN MARG,NARIMAN POINT,MUMBAI, PIN -
400021
5. THE REGIONAL DIRECTOR R.B.I REGIONAL DIRECTOR OFFICE,BAKERY JUNCTION
.P.B.NO.6507,THIRUVANDHAPURAM,, PIN - 695033
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 stay all further proceedings in respect of the defects
mentioned inthe Exhibit P2 - Securitisation application filed by the petitioner
pursuant to Exhibit P1& P2, pending disposal of original petition.
This petition coming on for orders upon perusing the petition and
the affidavit filed in support of OP (DRT) and upon hearing the arguments
of M/S.B.DIPU SACH DEEV, ARUN BABU & ARUN K.J., Advocates for the
petitioner and of M/S.ASP.KURUP, SADCHITH.P.KURUP & C.P.ANIL RAJ,
Advocates for the Respondents, the court passed the following:
OP (DRT) No.286/2022 2/3
ORDER
The petitioner participated in an auction conducted by the
respondent Bank and become the successful bidder. As per the
sale notice published by the Bank, the property had an extent of
10.10 Ares. It is the case of the petitioner that on an actual
measurement, the property has an extent of only 9.10 Ares. It is
submitted that the measurement was carried out as per the
interim direction issued by this Court. It is submitted that the
petitioner may either be permitted to pay the amount
proportionate to extent of 9.10 Ares or the petitioner may be
permitted to withdraw from the auction.
The petitioner shall remit the amount proportionate to the
amount payable for the extent of 9.10 Ares, provisionally. The
said amount shall be retained in a no-lien account by the
respondent Bank. The amount shall be paid on or before
15-09-2022.
List this matter for further consideration on 20-09-2022.
Sd/-
GOPINATH P.
JUDGE
ats
OP (DRT) No.286/2022 3/3
APPENDIX OF OP (DRT) 286/2022
Exhibit P1 COPY OF THE JUDGMENT IN W.P.(C) NO.8711 OF 2022 DATED
05.04.2022
Exhibit P2 SECURITISATION APPICATION FILED BEFORE DRT-II,ERNAKULAM
DATED 03.02.2022
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