Citation : 2023 Latest Caselaw 1211 Ker
Judgement Date : 18 January, 2023
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE GOPINATH P.
WEDNESDAY, THE 18TH DAY OF JANUARY 2023 / 28TH POUSHA, 1944
WP(C) NO. 42064 OF 2022
PETITIONER:
ANZAR. A
AGED 40 YEARS, S/O ABDUL KHADER,
PROPRIETOR, M/S THAMANNA CASHEW EXPORTS,
RESIDING AT THADATHIL PUTHEN VEEDU,
KALLUMTHAZHAM P.O, KILIKOLLOOR, KOLLAM DISTRICT
PIN 691 004, PIN - 691004
BY ADVS.
A.JANI(KOLLAM)
NISA FASIL(KOLLAM)
RESPONDENTS:
1 CSB BANK LIMITED.,
(FORMERLY THE CATHOLIC
SYRIAN BANK LTD) , KOLLAM BEACH ROAD
BRANCH, SMV TOWERS, MAIN ROAD,
CHINNAKKADA, KOLLAM PIN 691 001, PIN - 691001
2 THE AUTHORISED OFFICER,
CHIEF MANGER, CSB
BANK LT, ZONAL OFFICE, THIRUVANANTHAPURAM., PIN -
695001
BY ADVS.
SRI.PAULOCHAN ANTONY P., SC, CATHOLIC SYRIAN BANK
K.ANAND K
OTHER PRESENT:
ADV. K ANAND (SC)
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
18.01.2023, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
W.P (C) No.42064/2022 -2-
JUDGMENT
This writ petition has been filed challenging the proceedings initiated against
the petitioner under the provisions of the Securitisation and Reconstruction of
Financial Assets and Enforcement of Security Interest Act (hereinafter referred to
as the SARFAESI Act). When this matter is taken up for consideration today, it is
the submission of the learned counsel appearing for the respondent bank that the
one time settlement application filed by the petitioner has been sanctioned and
therefore no further directions are necessary in the writ petition.
The learned counsel for the petitioner also does not dispute this fact. Writ
petition is closed directing that the parties shall be governed by the one time
settlement offered to the petitioner.
Sd/-
GOPINATH P.
JUDGE
AMG
APPENDIX OF WP(C) 42064/2022
PETITIONER EXHIBITS
Exhibit P1 TRUE COPY OF SANCTION LETTER DATED 03/04/2014 ISSUED BY THE 1ST RESPONDENT TO THE PETITIONER
Exhibit P2 TRUE COPY OF SANCTION LETTER DATED 16/07/2016 ISSUED BY THE 1ST RESPONDENT TO THE PETITIONER
Exhibit P3 TRUE COPY OF BANK STATEMENT FROM THE DATE OF 01/07/2018 TO31/10/2019 OF CATHOLIC SYRIAN BANK
Exhibit P4 TRUE COPY OF BANK STATEMENT FROM THE DATE OF 01/07/2018 TO31/10/2019 OF CATHOLIC SYRIAN BANK
Exhibit P5 TRUE COPY OF ORDER NO 224/2022/ID DATED 14/03/2022 PUBLISHED BY THE GOVERNMENT OF KERALA
Exhibit P6 TRUE COPY OF ORDER DATED 31/12/2021 IN M.C. NO 25/2022 OF CHIEF JUDICIAL MAGISTRATE COURT, KOLLAM
Exhibit P7 TRUE COPY OF POSSESSION NOTICE ISSUED BY THE ADVOCATE COMMISSIONER 1 IN M.C. NO 25/2022 OF CHIEF JUDICIAL MAGISTRATE COURT, KOLLAM DATED 15/06/2022
Exhibit P8 TRUE COPY OF JUDGEMENT IN W.P.(C) 20987/2022 DATED 30/06/2022 OF THIS HONOURABLE COURT
Exhibit P9 TRUE COPY OF NOTICE ISSUED BY THE 1ST RESPONDENT TO THE PETITIONER DATED 06/12/2022
Exhibit P10 TRUE COPY OF NOTICE ISSUED BY THE ADVOCATE COMMISSIONER TO THE PETITIONER DATED 17/12/2022 IN MC NO 25/2022 CHIEF JUDICIAL MAGISTRATE, KOLLAM
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