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Sunitha Menon vs The Branch Manager, Union Bank Of ...
2022 Latest Caselaw 7226 Ker

Citation : 2022 Latest Caselaw 7226 Ker
Judgement Date : 23 June, 2022

Kerala High Court
Sunitha Menon vs The Branch Manager, Union Bank Of ... on 23 June, 2022
OP (DRT) No.286/2022                          1/3

                           IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                           PRESENT
                            THE HONOURABLE MR. JUSTICE GOPINATH P.
                  Thursday, the 23rd day of June 2022 / 2nd Ashadha, 1944

                                   OP (DRT) NO. 286 OF 2022


                       SA 7225/2022 OF DEBT RECOVERY TRIBUNAL, ERNAKULAM

   PETITIONER:

          SUNITHA MENON, AGED 55 YEARS, U-67, ASWATHY GARDENS, CHITTATTUMUKKU,
          CHITTATTUMUKKU.P.O, THIRUVANADHAPURAM, PIN - 695301

   RESPONDENT:

      1. THE BANK MANAGER, 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 , 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 in the Exhibit P2 securitisation application filed by
   the petitioner pursuant to Exhibit P1 & P2, pending disposal of original
   petition.


        This petition coming on for admission upon perusing the petition and
   the affidavit filed in support of OP (DRT) and upon hearing the arguments
   ofM/S. B.DIPU SACH DEEV, ARUN BABU & ARUN K.J., Advocates for the
   petitioner and of STANDING COUNSEL for R1 to R4, the court passed the
   following:


                                                                            (p.t.o)
 OP (DRT) No.286/2022                            2/3



                                      GOPINATH P., J
                                  -------------------------------
                                  O.P(DRT) No.286 of 2022
                                  -------------------------------
                                 Dated this the 23rd June, 2022

                                           ORDER

Petitioner is an auction purchaser in respect of an item of property brought

to sale by the respondent bank. He has already deposited 25% of the auction

amount but has not remitted the balance amount on account of the fact that,

according to him, though the sale notification showed an extent of 10.10 Ares, the

actual extent of property is only 9.22 Ares. The petitioner, therefore, approached

this Court praying for a relief that he may be permitted to remit a proportionate

consideration instead of the entire consideration for 10.10 Ares.

2. The learned Standing Counsel for the respondent bank submits that

the bank has now got the property measured with the help of the revenue

authorities and the extent of property is actually 10.10 Ares.

Having regard to the aforesaid facts, the 2nd respondent and the petitioner

may conduct a joint inspection of the property on 01.07.2022. The respondent

bank will also handover to the petitioner records to show that the actual extent of

the property is 10.10 Ares as advertised.

Post on 04.07.2022.

Sd/-

GOPINATH P.

                                                                      JUDGE
   okb/23.6.22




23-06-2022                        /True Copy/                                Assistant Registrar
 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             TRUE COPY SECURITISATION APPICATION FILED BEFORE DRT-
                       II,ERNAKULAM DATED 03.02.2022
 

 
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