M/S Annan Steels (P) Ltd vs M/S Canara Bank Ltd
2022 Latest Caselaw 12446 Ker

WP(C) No.24561/2022                        1/4

                         IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                         PRESENT
                      THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
             Friday, the 23rd day of December 2022 / 2nd Pousha, 1944
                              WP(C) NO. 24561 OF 2022
   PETITIONERS:

      1. M/S ANNAN STEELS (P) LTD, AGED 50 YEARS, OFFICE AT 11/40E, FASHION
         TOWER, CHEROOTY ROAD, KOZHIKODE, PIN - 673 001 REPRESENTED BY ITS
         MANAGING DIRECTOR E.T.FIROZ , PIN - 673001
      2. E.T.FIROZ, AGED 50 YEARS, S/O.E.T.MUHAMMED BASHEER, SOUMYA,
         2/1788A, FLORICAN ROAD, KALATHI AVENUE, CIVIL STATION,
         MALAPPARAMBU,KOZHIKODE - 673 030.
      3. A.T.MUHAMMED ALI, AGED 55 YEARS, S/O.AHAMMED A.T., NADUVILAKANDI
         KURACKAL HOUSE, 12/61, KUTTIKKATTOR (P.O.), KOZHIKODE - 673 008.
      4. MOHAMMED FAVAS, AGED 57 YEARS, S/O KUNHI MOIDEEN KUTTY, FLAT NO 12
         B, SKYLINE OCEANIC, OCEANIC, BEACH ROAD, KOZHIKODE, PIN - 673 032
      5. ANEEZ ADAM K.M, AGED 52 YEARS, S/O.T.MUNEER, KOYAPPATHODI VILLA,
         KRISHNAN NAIR, ROAD, MALIKADAVU, NEAR GOVT. ITI, KOZHIKODE -673010
      6. SYYED MUHAMMED THAYYIL, AGED 62 YEARS, S/O.THAYYIL KHADAR HAJI
         THAYYIL HOUSE, KATTACHIRA, B.P.ANGADI (P.O.), VENGALOOR, TIRUR,
         MALAPPURAM - 676 102.
      7. V ABDUL RAZZACK, AGED 51 YEARS, S/O MUHAMMED, BARIKODAN HOUSE,
         ERNAD, MALAPPURAM- 673639.
      8. ABDUL LATHIEF, AGED 62 YEAR,S RAFA PARK HOUSE, THALASSERY, KANNUR -
         670101.
      9. DR.T.AHMMED THOTTIYIL, AGED 55 YEARS THOTTIYIL HOUSE, KOTTAKKAL
         P.O., MALAPPURAM -676503.
     10. P.K.SIVADASA MENON, AGED 64 YEARS, LAKSHMI KRIPA, NORTH PARUR,
         ERNAKULAM - 683513.

   RESPONDENTS:

      1. M/S CANARA BANK LTD CHEROOTY ROAD BRANCH, COURT ROAD, KOZHIKODE -
         673001, REPRESENTED BY ITS CHIEF MANAGER & AUTHORIZED OFFICER , PIN
         - 673001
      2. M/S PUNJAB NATIONAL BANK LTD EROTH CENTRE, BANK ROAD, KOZHIKODE -
         673 001, REPRESENTED BY ITS CHIEF MANAGER, PIN - 673001
      3. IGNIVA PS PRIVATE LIMITED REPRESENTED BY ITS MANAGING DIRECTOR
         CALICUT TRADE CENTRE,SAROVARAM BIO PARK , SAROVARAM, ERANHIPALAM
         KOZHIKODE .

        Writ petition (civil) praying inter alia that in the circumstances
   stated in the affidavit filed along with the WP(C) the High Court be
   pleased to stay all further proceedings pursuant to Exhibit P11 sale
   notice as well as further proceedings befor Chief Judicial Magistrate
   Court Kozhikode in MC No. 453 of 2017 pending disposal of the Writ
   Petition (Civil).
        This petition again coming on for orders on 23.12.2022,upon perusing
   the petition and the affidavit filed in support of WP(C) and this court's
   order dated 08.12.2022 and upon hearing the arguments of M/S S.EASWARAN,
 WP(C) No.24561/2022                    2/4

   P.MURALEEDHARAN (IRIMPANAM), K.V.RAJESWARI,           Advocates for the
   petitioners, SRI A.V.THOMAS (SR.),along with SRI. C.AJITH KUMAR,Advocates
   for R1, SRI.C.AJITH KUMAR,Advocate for R2, M/S. PRAVEEN HARIHARAN,
   K.S.SMITHA, T.T.SHANIBA, AMAL DEV & NIKITA NAIR C.S, Advocates for R3, the
   court passed the following:
 WP(C) No.24561/2022                       3/4




                            BECHU KURIAN THOMAS, J.
                             --------------------------------
                              W.P.(C) No.24561 of 2022
                            ---------------------------------
                       Dated this the 23rd day of December, 2022

                                       ORDER

Judgment reserved. Interim order shall stand extended till the disposal

of the writ petition.

BECHU KURIAN THOMAS JUDGE vps WP(C) No.24561/2022 4/4

APPENDIX OF WP(C) 24561/2022 Exhibit P11 COPY OF THE SALE NOTICE DATED 14.6.2022 ISSUED BY THE 1ST RESPONDENT