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Kosamattam Finance Ltd vs Mango Meadows Agricultural ...
2022 Latest Caselaw 6451 Ker

Citation : 2022 Latest Caselaw 6451 Ker
Judgement Date : 8 June, 2022

Kerala High Court
Kosamattam Finance Ltd vs Mango Meadows Agricultural ... on 8 June, 2022
               IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                  PRESENT
         THE HONOURABLE THE CHIEF JUSTICE MR.S.MANIKUMAR
                                     &
               THE HONOURABLE MR. JUSTICE SHAJI P.CHALY
     WEDNESDAY, THE 8TH DAY OF JUNE 2022 / 18TH JYAISHTA, 1944
                          WA NO. 508 OF 2022
   AGAINST THE ORDER IN WP(C) 7444/2022 OF HIGH COURT OF KERALA


APPELLANT:

             KOSAMATTAM FINANCE LTD
             KOSAMATTAM MATHEW K CHERIAN BUILDINGS, MC ROAD KOTTAYAM
             686 001 REPRESENTED BY ITS DEPARTMENT HEAD OF CREDIT
             DEPARTMENT, T.P. RAMACHANDRAN NAIR, AGED 69 YEARS, S/O
             K.R. PADMANABHA PILLAI, RESIDING AT MIDHILA HOUSE,
             THELLAKOM.P.O, KOTTAYAM, PIN - 686 630.

             BY ADVS.
             JOLLY JOHN
             Liza Meghan Cyriac


RESPONDENTS:

    1        MANGO MEADOWS AGRICULTURAL PLEASURE LAND PVT. LTD
             REGISTERED OFFICE AT BUILDING NO. XV/175A,
             MANGO MEADOWS, AYAMKUDY P.O., KADATHURUTHI,
             KOTTAYAM - 686 613 REPRESENTED BY ITS
             MANAGING DIRECTOR N.K. KURIAN., PIN - 686 613.

    2        UNION OF INDIA
             MINISTRY OF ENVIRONMENT & FOREST, 2ND FLOOR,
             AGNI BLOCK, INDIRA PARYAVARAN BHAWAN,
             JORBAGH ROAD, NEW DELHI - 110 003
             REPRESENTED BY ITS SECRETARY, PIN - 110 003.

    3        STATE OF KERALA
             REPRESENTED BY GOVERNMENT PLEADER,
             HIGH COURT OF KERALA, PIN - 682 031.

    4        KERALA STATE BIO DIVERSITY BOARD
             BELHAVEN E ST, BELHAVEN GARDENS, NANTHANCODU,
             THIRUVANANTHAPURAM - 695 003 REPRESENTED BY ITS
             CHAIRMAN, PIN - 695 003.
 W.A.No.508 of 2022
                                     2




       5      MAHATMA GANDHI UNIVERSITY
              PRIYADARSHINI HILLS, ATHIRAMPUZHA, KOTTAYAM -
              686 560 REPRESENTED BY ITS REGISTRAR, PIN - 686
              560.

       6      KERALA FORESTS & WILDLIFE DEPARTMENT,
              HEADQUARTERS, VAZHUTHACAUD, THIRUVANANTHAPURAM -
              695 014 REPRESENTED BY SECRETARY, PIN - 695 014.

       7      KERALA FINANCIAL CORPORATION (KFC)
              VELLAYAMBALAM, THIRUVANANTHAPURAM - 695 033
              REPRESENTED BY CHAIRMAN/MANAGING DIRECTOR, PIN -
              695 033.

       8      DEPARTMENT OF FINANCE
              1ST FLOOR, MAIN BLOCK, GOVERNMENT SECRETARIAT,
              THIRUVANANTHAPURAM - 695 001 REPRESENTED BY
              SECRETARY, PIN - 695 001.

       9      KADUTHURUTHY GRAMA PANCHAYATH
              KADUTHURUTHY P.O., KOTTAYAM - 686 604
              REPRESENTED BY SECRETARY, PIN - 686 604.

    10        NATIONAL COMPANY LAW TRIBUNAL
              KOCHI BENCH, COMPANY LAW BHAVAN, BMC ROAD,
              THRIKKAKKARA P.O., KAKKANAD, KOCHI - 682 021
              REPRESENTED BY OFFICE MANAGER, PIN - 682 021.

              BY ADVS.
              ADV.GEORGE POONTHOTTAM (SR.)
              ASSISTANT SOLICITOR GENERAL SRI.S.MANU
              ADV. VENUGOPAL.M.R
              ADV.NISHA GEORGE
              ADV.DHANYA P.ASHOKAN(K/001671/2000)
              ADV.S. MUHAMMAD ALIKHAN(K/000644/2020)


THIS       WRIT   APPEAL   HAVING    COME    UP    FOR   ADMISSION   ON
08.06.2022,       THE   COURT   ON   THE    SAME   DAY   DELIVERED   THE
FOLLOWING:
 W.A.No.508 of 2022
                                   3


                            JUDGMENT

Dated this the 8th day of June, 2022

S.Manikumar, C.J.

Being aggrieved by the interim order dated 07.04.2022

in W.P.(C)No.7444 of 2022, instant writ appeal is filed on

various grounds.

2. Record of proceedings shows that when the writ

appeal came up for hearing, on 22.04.2022, a Hon'ble Division

Bench of this court has passed the following order:

"Admitted.

Smt.Nisha George takes notice for the first respondent. The learned ASGI takes notice for the second respondent.The learned Government Pleader takes notice for respondent 3, 6 and 8. Issue notice to respondents 4, 5, 7, 9 and 10.

Post on 20.5.2022.

On a consideration of the pleadings and materials on record, we are satisfied that the appellant is entitled to an interim order. Hence we restrain the first respondent from alienating or creating any charge over any property directly or indirectly owned or managed by the first respondent till the date of next hearing."

W.A.No.508 of 2022

3. Before the writ court, the prayers sought for are as

follows:

"i. Issue a writ declaring that Section 7 of the Insolvency and Bankruptcy Code, 2016 and the form appended thereto are unconstitutional in the absence of conferring of power on the adjudicating authority to adjudicate on an issue rather than passing an order appointing an insolvency professional in a mechanical manner if the application is in the prescribed manner; ii. To issue of a writ of mandamus or any other appropriate writ order or direction to the 2nd respondent to consider Exhibit-P9 as expeditiously as possible and at any rate within a period of 2 weeks in view of the peculiar nature of the activity undertaken by the Petitioner; iii. To pass an order staying all further proceedings before the 10th respondent Tribunal in Exhibit-P7, pending consideration of Exhibit- P9."

4. Having regard to the material on record and after

hearing the learned counsel for the parties, while issuing

notice to the concerned, vide interim order dated 15.03.2022

in W.P.(C)No.7444 of 2022, a learned single Judge has passed

the following order:

"Admit.

W.A.No.508 of 2022

Assistant Solicitor General of India takes notice for the 1st respondent. Government Pleader takes notice for respondents 2, 5 and 7. Standing Counsel takes notice for respondents 4, 6 and 8. Issue urgent notice by speed post to respondents 3, 9 and 10.

Learned counsel for the petitioner submitted that pursuant to the legislative Assembly Minutes recorded in Ext.P10, made in the presence of the Chief Minister, the matter is to be discussed and decided in consultation with the 6th respondent- Kerala Financial Corporation. In the meanwhile if an interim resolution professional is appointed, the petitioner will be put to irreparable loss and injury.

In the circumstances, there will be an interim order staying all further proceedings pursuant to Ext.P7, for a period of one month."

5. When the matter came up on 07.04.2022, the said

interim order has been extended to 18.05.2022. Registry has

been directed to post the matter on 18.05.2022. It is against

this order dated 07.04.2022, instant writ appeal is filed.

6. Though Mr.Jolly John, learned counsel for the

appellant made submissions on the grounds raised, going

through the interim orders dated 15.03.2022 and 07.04.2022,

we are of the view that the above said orders are only interim W.A.No.508 of 2022

orders and the writ court has not finally decided the case on

merits.

7. It is trite law that the above said interim orders can

always be modified or vacated by filing necessary applications

before the writ court, which course has not been adopted by

the appellant.

8. Though Mr.Jolly John, learned counsel for the

appellant submitted that the writ court would be approached

for seeking for modification or vacation of the interim orders

dated 15.03.2022 and 07.04.2022, keeping in tact the interim

order dated 22.04.2022 passed in the instant writ appeal, we

are not inclined to accept the said suggestion for the reason

that allowing such prayer would be amounting to entertaining

the writ appeal against an order which has not become final.

Order passed in the writ appeal is rescinded.

9. In that view of the matter, we are inclined to permit

the appellant to seek for appropriate modification or vacating

of the interim orders dated 15.03.2022 and 07.04.2022 posted

for final disposal of W.P.(C)No.7444 of 2022 filed for the W.A.No.508 of 2022

prayers stated supra.

10. That apart, one of the contentions raised in this

appeal is about maintainability of the writ petition which also

can be taken up before the writ court, as a preliminary issue.

Accordingly, the writ appeal is disposed of.

Pending interlocutory applications, if any, shall stand

closed.

Sd/-

S.Manikumar Chief Justice

Sd/-

Shaji P.Chaly Judge vpv

 
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