Citation : 2022 Latest Caselaw 12547 Ker
Judgement Date : 23 December, 2022
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE GOPINATH P.
FRIDAY, THE 23RD DAY OF DECEMBER 2022 / 2ND POUSHA, 1944
WP(C) NO. 42446 OF 2022
PETITIONERS:
1 SHEEBA
AGED 52 YEARS, WIFE OF RADHAKRISHNAN,
THERAMBIL HOUSE, KARAMUKKU VILLAGE,
KARAMUKKU DESOM, NEAR PHC, KANDASSANKADAVU P.O.,
TRICHUR DISTRICT, KERALA, PIN - 680 613.
2 RADHAKRISHNAN,
AGED 63 YEARS, SON OF RAMAN
THERAMBIL HOUSE, KARAMUKKU VILLAGE,
KARAMUKKU DESOM, NEAR PHC, KANDASSANKADAVU P.O.,
TRICHUR DISTRICT, KERALA, PIN - 680 613.
3 ROHIT
AGED 29 YEARS, SON OF RADHAKRISHNAN,
THERAMBIL HOUSE, KARAMUKKU VILLAGE,
KARAMUKKU DESOM, NEAR PHC, KANDASSANKADAVU P.O,
TRICHUR DISTRICT, KERALA, PIN - 680 613.
BY ADVS.
A.S.DILEEP
P.BINOD
K.Y.SUDHEENDRAN
SUSEELA DILEEP
SUDEEP ARAVIND PANICKER
RESPONDENTS:
THE KERALA STATE CO-OPERATIVE BANK LTD.
SAHAKARANA SHATHABDHI MANDIRAM,
TUDA ROAD, KOVILAKATHUMPADAM,
THIRUVAMBADY P.O., THRISSUR, KERALA, PIN - 680 022.
REPRESENTED BY ITS AUTHORISED OFFICER.
BY ADV P.C.SASIDHARAN, SC, SCOLE-KERALA
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
23.12.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
W.P.(C)No.42446/2022 2
JUDGMENT
Petitioners have filed this writ petition seeking a limited relief.
He prays that he may be given a breathing time to approach the
Tribunal after obtaining certified copies of the documents filed by the
Bank before the Chief Judicial Magistrate Court, Thrissur, in
proceedings under Section 14 of the Securitisation and
Reconstruction of Financial Assets and Enforcement of Security
Interest Act (SARFAESI Act).
2. The learned counsel appearing for the respondent Bank
has no objection in such a direction is being issued.
3. Having heard the learned counsel for the petitioners and
the learned counsel appearing for the respondent Bank, this writ
petition will stand disposed of directing that steps for taking physical
possession of the secured asset shall stand adjourned till 16-01-2023,
to enable the petitioners to approach the Tribunal by filing a
Securitisation Application under Section 17 of the SARFAESI Act. I
make it clear that I have not expressed any opinion on the merits of
the matter and it will be open to the Tribunal to decide the matter in
accordance with law.
Sd/-
GOPINATH P.
JUDGE ats
APPENDIX OF WP(C) 42446/2022
PETITIONER EXHIBITS
Exhibit P1 TRUE COPY OF THE NOTICE DATED 12/12/2022 ISSUED BY ONE ADV. NIRMAL MATHEW
Exhibit.P2 TRUE COPY OF THE APPLICATION DATED 19/12/2022 FOR OBTAINING CERTIFIED COPIES OF THE PETITION FILED UNDER SECTION 14 AND THE DOCUMENTS PRODUCED IN SUPPORT THEREOF
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