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State Bank Of India vs The Federal Bank
2022 Latest Caselaw 10282 Ker

Citation : 2022 Latest Caselaw 10282 Ker
Judgement Date : 28 September, 2022

Kerala High Court
State Bank Of India vs The Federal Bank on 28 September, 2022
               IN THE HIGH COURT OF KERALA AT ERNAKULAM
                               PRESENT
                THE HONOURABLE MR. JUSTICE GOPINATH P.
   WEDNESDAY, THE 28TH DAY OF SEPTEMBER 2022 / 6TH ASWINA, 1944
                       OP (DRT) NO. 67 OF 2016
 AGAINST THE ORDER/JUDGMENTOA 19/2011 OF DEBT RECOVERY TRIBUNAL,
                              ERNAKULAM
PETITIONER:

          STATE BANK OF INDIA,
          STRESSED ASSETS MANAGEMENT BRANCH, VANKARATH TOWERS,
          BYPASS JUNCTION, PALARIVATTOM, KOCHI - 682 024,
          REPRESENTED BY ITS CHIEF MANAGER.

          BY ADV SRI.S.EASWARAN


RESPONDENTS:

    1     M/.KINSHIP SERVICES,
          PLOT NO.1 AND 5 CAT IV, CC.24/492, MARAR ROAD,
          ILLINGDON ISLAND, KOCHI - 682 003,
          REPRESENTED BY ITS CHAIRMAN AND MANAGING DIRECTOR.

    2     SRI.M.PRABHAKARA KINI,
          DIRECTOR, M/S.KINSHIP SERVICES (INDIA PVT.LTD.,
          PLOT NO.22(D) CART III, SUBRAMANIAN ROAD, POST BOX
          NO.524, WILLINGDON ISLAND, KOCHI - 682 003.

    3     SRI.BHASKARA KINI,
          NO.27, DOOR NO.CC.28/492-A, CLUB ROAD, GIRI NAGAR,
          KOCHI - 682 020.

    4     SRI.U.SRINIVAS BHAT,
          MANAGING DIRECTOR, BHASKAR KINI & CO.,
          WELLINGTON ISLAND, ERNAKULAM, KOCHI - 682 003.

    5     MS.BHASKAR KINI CO.,
          WELLINGTON ISLAND, ERNAKULAM, KOCHI - 682 003.

    6     THE FEDERAL BANK LTD.,
          DARRAGH SMALL HOUSE, 5TH CROSS ROAD,
          WELLINGTON ISLAND BRANCH, KOCHI - 682 003.

    7     THE INDIAN OVERSEAS BANK,
          MATTANCHERRY, KOCHI - 682 002.(*DELETED)
 OP (DRT) Nos.67/2016, 71/2016
                           -2-



    8    COCHIN PORT TRUST,
         WELLINGTON ISLAND, KOCHI - 682 002,
         REPRESENTED BY DEPUTY CONSERVATOR.(*DELETED)
         (*RESPONDENTS 7 AND 8 ARE DELETED FROM THE
         PARTY ARRAY AT THE RISK OF THE PETITIONER AS
         PER ORDER DATED 6/02/2019 IN IA 1/2019.)

    9    SUMATHY KINI SULOCHANA,
         W/O.LATE BHASKARA KINI,7, DOOR NO.CC.28/492-A,
         CLUB ROAD, GIRI NAGAR, KOCHI - 682 020.

   10    KUSUM KAMATH,
         D/O.LATE BHASKARA KINI, 27,
         DOOR NO.CC.28/492-A, CLUB ROAD, GIRI NAGAR,
         KOCHI - 682 020.

   11    PUSHPA SHIRIVANTE,
         D/O.LATE BHASKARA KINI, 7,
         DOOR NO.CC.28/492-A, CLUB ROAD, GIRI NAGAR,
         KOCHI - 682 020.

   12    SUJATHA BHAT,
         D/O.LATE BHASKARA KINI, 27,
         DOOR NO.CC.28/492-A, CLUB ROAD, GIRI NAGAR,
         KOCHI - 682 020.

   13    DEBTS RECOVERY TRIBUNAL,
         ERNAKULAM - 682 011.

   14    CHEERANA STRUCTURALS,
         CHALILISSERY P.O., PALAKKAD, HAVING ITS OFFICE
         AT J-5, 1ST FLOOR, TAGORE NAGAR, THYCAUD P.O.,
         VAZHUTHACAUD, THIRUVANANTHAPURAM, PIN- 695015,
         REPRESENTED BY ITS MANAGING PARTNER SHIRILSON
         MATHEW, S/O.C.V.MATHEW KUTTYA, AGED 57,
         POTTAYIL HOUSE, AMBALAMPADY, VALAKOM VILLAGE,
         MUVATTUPUZHA TALUK, MEKKADAMBU P.O., ERNAKULAM
         DISTRICT, PIN- 682316.

        BY ADVS.
        SRI.D.ANIL KUMAR
        ASSISTANT SOLICITOR GENERAL
        SRI.K.M.FIROZ
        SHRI.P.VIJAYAKUMAR, ASG OF INDIA
 OP (DRT) Nos.67/2016, 71/2016
                           -3-



        SRI.DIPU JAMES
        P.V.PARVATHY (P-41)
        SMT.M.SHAJNA
        REENA THOMAS
        SRI.E.C.AHAMED FAZIL
        SRI.P.C.MUHAMMED NOUSHIQ


     THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR
ADMISSION ON 28.09.2022, ALONG WITH OP (DRT).71/2016, THE
COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
 OP (DRT) Nos.67/2016, 71/2016
                           -4-




        IN THE HIGH COURT OF KERALA AT ERNAKULAM
                         PRESENT
         THE HONOURABLE MR. JUSTICE GOPINATH P.
 WEDNESDAY, THE 28TH DAY OF SEPTEMBER 2022 / 6TH ASWINA,
                          1944
                 OP (DRT) NO. 71 OF 2016
AGAINST THE ORDER/JUDGMENTOA 19821/2011 OF DEBT RECOVERY
                   TRIBUNAL, ERNAKULAM
PETITIONER:

         STATE BANK OF INDIA,
         STRESSED ASSETS MANAGEMENT BRANCH,
         VANKARATH TOWERS, BYPASS JUNCTION,
         PALARIVATTOM, KOCHI-682024,
         RESPRESENTED BY ITS CHIEF MANAGER.

        BY ADV SRI.S.EASWARAN


RESPONDENTS:

    1    THE FEDERAL BANK
         DARRAGH SMALL HOUSE, 5TH CROSS ROAD,
         WELLINGTON ISLAND BRANCH, KOCHI-682003.

    2    MS.KIN-SHIP SERVICESINDIA PVT LTD
         KINSHIP HOUSE, PLOT NO 1 & 6 CAT IV,
         DOOR NO CC.24/492, MARAR ROAD,
         WILLINGDON ISLAND, KOCHI-682003.

    3    M.BHASKARA KINI
         S/O.GANAPATHY PAI, MANAGING DIRECTOR,
         M/S.KIN-SHIP SERVICES(INDIA) PVT LTD,
         KINSHIP HOUSE, PLOT NO 1 & 6 CAT IV,
         DOOR NO CC.24/492, MARAR ROAD,
         WILLINGDON ISLAND, KOCHI-682003.
         RESIDING AT 27, CLUB ROAD, GIRINAGAR,
         KOCHI-682020.
 OP (DRT) Nos.67/2016, 71/2016
                           -5-




         PRABHAKARA KINI
    4    S/O.BHASKARA KINI, DIRECTOR,
         M/S.KIN-SHIP SERVICES(INDIA) PVT LTD,
         KINSHIP HOUSE, PLOT NO 1 & 6 CAT IV,
         DOOR NO CC.24/492, MARAR ROAD,
         WILLINGDON ISLAND, KOCHI-682003.
         RESIDING AT 27, CLUB ROAD, GIRINAGAR,
         KOCHI-682020

    5    SRI.U.SRINIVAS BHAT,
         DIRECTOR, M/S.KIN-SHIP SERVICES(INDIA) PVT LTD,
         KINSHIP HOUSE, PLOT NO 1 & 6 CAT IV,
         DOOR NO CC.24/492, MARAR ROAD,
         WILLINGDON ISLAND, KOCHI-682003.
         RESIDING AT 27, CLUB ROAD, GIRINAGAR,
         KOCHI-682020

    6    IFTIKARUDDIN,
         DIRECTOR, M/S.KIN-SHIP SERVICES(INDIA) PVT LTD,
         KINSHIP HOUSE, PLOT NO 1 & 6 CAT IV,
         DOOR NO CC.24/492, MARAR ROAD,
         WILLINGDON ISLAND, KOCHI-682003

    7    ANITHA PRABAHKAR
         W/O.PRABHAKAR KINI, 27 CLUB ROAD, GIRINAGAR,
         ERNAKULAM, PIN-682020.(*DELETED)

    8    SUJATHA BHAT
         W/O.SREENIVASA BHAT, 27,DOOR NO CC.28/492-A,
         CLUB ROAD,GIRI NAGAR, KOCHI-682020.(*DELETED)

    9    BHASKAR KINI COPLTD
         REGD.OFF:PLOT NO.22/D, CAT 3, SUBRAMANINAN
         ROAD, WILLINGDON ISLAND, KOCHI-3.(*DELETED)

   10    JESUDASAN R
         S/O.RAJAN, 2/124,YADAVAR STREET, KUMARAGIRI,
         PUDUKKOTAI VILLAGE, TUTICORIN DISTRICT, TAMIL
         NADU (*DELETED)
         (*R7 TO R10 ARE DELETED FROM THE PARTY ARRAY AT
         THE RISK OF THE PETITIONER AS PER ORDER DATED
         6/2/2019 IN IA 1/2019.)
 OP (DRT) Nos.67/2016, 71/2016
                           -6-



   11    SUMATHY KINI
         W/O.LATE BHASKARA KINI, 27,CLUB ROAD,
         GIRI NAGAR, ERNAKULAM-682020.

   12    KUSUM
         D/O.BHASKARA KINI, 27,CLUB ROAD, GIRI NAGAR,
         ERNAKULAM-682020.

   13    PUSHPA
         D/O.LATE BHASKARA KINI, 27,CLUB ROAD,
         GIRI NAGAR, ERNAKULAM-682020.

   14    DEBT RECOVERY TRIBUNAL
         ERNAKULAM, REPRESENTED BY ITS REGISTRAR,
         PIN-682011.

        BY ADVS.
        ASSISTANT SOLICITOR GENERAL
        SRI.D.ANIL KUMAR
        SHRI.P.VIJAYAKUMAR, ASG OF INDIA
        SRI.MOHAN JACOB GEORGE
        SMT.NIGI GEORGE
        SMT.P.V.PARVATHY P-41
        SMT.REENA THOMAS


     THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR
ADMISSION ON 28.09.2022, ALONG WITH OP (DRT).67/2016, THE
COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
 OP (DRT) Nos.67/2016, 71/2016
                           -7-



                       JUDGMENT

[OP (DRT) Nos.67/2016, 71/2016]

Learned counsel for the petitioners submits that

these writ petitions are not pressed. Recording the

submission, these writ petitions are dismissed as not

pressed.

Sd/-

GOPINATH P.

JUDGE

vv

 
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