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Sasidharan P vs Authorised Officer, Indian Overseas ...
2024 Latest Caselaw 9204 Ker

Citation : 2024 Latest Caselaw 9204 Ker
Judgement Date : 3 April, 2024

Kerala High Court

Sasidharan P vs Authorised Officer, Indian Overseas ... on 3 April, 2024

Author: N.Nagaresh

Bench: N.Nagaresh

        IN THE HIGH COURT OF KERALA AT ERNAKULAM
                        PRESENT
          THE HONOURABLE MR.JUSTICE N.NAGARESH
WEDNESDAY, THE 3RD DAY OF APRIL 2024/14TH CHAITHRA, 1946
                OP (DRT) NO. 206 OF 2023
AGAINST THE ORDER/JUDGMENT DATED IN SA NO.473 OF 2022 OF
DEBT RECOVERY TRIBUNAL, ERNAKULAM
PETITIONER/APPLICANT:

         SASIDHARAN P.,
         AGED 63 YEARS,
         S/O RAGHAVAN NAIR,
         SREENIKETHAN, KERALASSERY VILLAGE,
         KERALASSERY P.O.,
         PIN 678 641,
         NOW RESIDING AT NO. 45 RAGHAVAM,
         VENKATESWARA GARDENS,
         NEAR MERCY COLLEGE,
         PALAKKAD - 678006 .

         BY ADV AMAL GEORGE


RESPONDENTS/DEFENDANTS 1 TO 4 & OFFICIAL PARTY:

    1    AUTHORISED OFFICER,
         INDIAN OVERSEAS BANK,
         ASSET RECOVERY MANAGEMENT BRANCH,
         IOB BUILDING, NEAR KAVITHA THEATRE,
         MG ROAD, ERNAKULAM, PIN - 683035.
    2    THE BRANCH MANAGER,
         INDIAN OVERSEAS BANK,
         1ST FLOOR, T.B ROAD,
         OTTAPPALAM,
         PALAKKAD, PIN - 679101.
    3    INDIAN OIL CORPORATION,
         KERALA STATE OFFICE,
         PANAMPALLY NAGAR AVENUE,
         CHERIYAKADAVANTHRA P.O.,
         PANAMPALLY NAGAR,
         ERNAKULAM, PIN - 682036,
         REPRESENTED BY ITS DIVISIONAL RETAIL HEAD,
         PIN - 682036
 O.P.(DRT) No.206/2023
                            :2:


    4     RUBEENA K.K.,
          D/O K KOYAMON, KUNDANI HOUSE,
          VENGALUR, THALAKKAD,
          MALAPPURAM, KERALA,
          PIN-676102.
    5     THE DEBTS RECOVERY TRIBUNAL 1 ERNAKULAM,
          5TH FLOOR, KERALA STATE HOUSING BOARD
          BUILDING, PANAMPALLY NAGAR,
          ERNAKULAM - 682036,
          REPRESENTED BY ITS REGISTRAR,
          PIN - 682036

          BY ADVS.
          SUNIL SHANKER
          GOPIKRISHNAN NAMBIAR M
          V.A.JOHNSON (VARIKKAPPALLIL) V A
          VIDYA GANGADHARAN
          JERIN GEORGE
          K.JOHN MATHAI(K/413/1984)
          JOSON MANAVALAN(J-526)
          KURYAN THOMAS(K/131/2003)
          PAULOSE C. ABRAHAM(MAH/58/2006)
          RAJA KANNAN(K/356/2008)

     THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP
FOR ADMISSION ON 03.04.2024, THE COURT ON THE SAME DAY
DELIVERED THE FOLLOWING:
 O.P.(DRT) No.206/2023
                                :3:



                         JUDGMENT

Dated this the 3rd day of April, 2024

The O.P.(DRT) has been filed by the petitioner

challenging Exts.P8 and P9 orders. Exts.P8 and P9 orders

are passed by the Debts Recovery Tribunal in interim

applications filed by the petitioner.

2. Standing Counsel for the Bank submits that

subsequently the Debts Recovery Tribunal has finally

disposed of S.A.No.473 of 2022 itself on 30.01.2024. In

order to file appeal against the final order of the Debts

Recovery Tribunal, the petitioner had approached this Court

and obtained time.

Taking into consideration all the afore aspects, I

find that the writ petition has become infructuous. The writ

petition is accordingly dismissed as infructuous.

Sd/-

N. NAGARESH JUDGE SR

APPENDIX OF OP (DRT) 206/2023

PETITIONER'S EXHIBITS:

Exhibit P1 TRUE PHOTOCOPY OF THE FIRST PAGE OF THE VALUATION REPORT DATED 21/02/2012 SUBMITTED BY THE APPROVED VALUER SRI. K SURESH MENON Exhibit P1A TRUE PHOTOCOPY OF THE LETTER DATED 29/08/2022 SENT BY THE PETITIONER TO THE SENIOR DIVISIONAL MANAGER OF INDIAN OIL CORPORATION Exhibit P2 TRUE PHOTOCOPY OF THE NOTICE OF SALE ISSUED BY THE AUTHORISED OFFICER DATED 13/09/2022 Exhibit P3 TRUE PHOTOCOPY OF THE VALUATION REPORT DATED 20/09/2022 SUBMITTED BY ER. GEORGE F. CHETHALAN, CHARTERED ENGINEER, APPROVED AND REGISTERED VALUER Exhibit P4 TRUE PHOTOCOPY OF THE REPORT SUBMITTED BY ER. NIPUN PRAKASH, CHARTERED ENGINEER AND APPROVED VALUER, DATED 29/03/2023 Exhibit P5 TRUE PHOTOCOPY OF THE PETITION NUMBERED AS IA 1322 OF 2023 IN SA 473 OF 2022 WITH ANNEXURES BEFORE DRT 1 ERNAKULAM DATED 08/04/2023 Exhibit P6 TRUE PHOTOCOPY OF THE COUNTER AFFIDAVIT FILED BY RESPONDENTS 1 AND 2 IN IA 1322 OF 2023 IN SA 473 OF 2022 DATED 12/4/2023.

Exhibit P7 TRUE PHOTOCOPY OF THE PETITION NUMBERED AS IA 1335 OF 2023 IN SA 473 OF 2022 BEFORE DRT 1 ERNAKULAM DATED 11/04/2023 Exhibit P8 TRUE PHOTOCOPY OF THE ORDER DATED 02/05/2023 PASSED IN IA 1322 OF 2023 IN SA 473 OF 2022 Exhibit P9 TRUE PHOTOCOPY OF THE ORDER DATED 02/05/2023 PASSED IN IA 1335 OF 2023 IN SA 473 OF 2022

Exhibit P10 TRUE PHOTOCOPY OF THE STATEMENT OF ACCOUNT NO. 50100655347860 OF HDFC BANK MANAKKODY BRANCH TRICHUR DULY ATTESTED BY THE BRANCH MANAGER.

 
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