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Faisal Nelliyattummel vs The Federal Bank Ltd
2024 Latest Caselaw 5261 Ker

Citation : 2024 Latest Caselaw 5261 Ker
Judgement Date : 15 February, 2024

Kerala High Court

Faisal Nelliyattummel vs The Federal Bank Ltd on 15 February, 2024

Author: N.Nagaresh

Bench: N.Nagaresh

          IN THE HIGH COURT OF KERALA AT ERNAKULAM
                             PRESENT
               THE HONOURABLE MR.JUSTICE N.NAGARESH
 THURSDAY, THE 15TH DAY OF FEBRUARY 2024 / 26TH MAGHA, 1945
                      WP(C) NO. 5992 OF 2024
PETITIONER:

          FAISAL NELLIYATTUMMEL
          AGED 53 YEARS, S/O MOHAMMED NELLIYATTUMMEL
          MEETHALE PUTHALATHE HOUSE, IRINGATH P.O,
          PAYYOLI, KOZHIKODE, PIN - 673523.

          BY ADVS.
          GIGIMON ISSAC
          TOBIAS TOGI MATHEW


RESPONDENTS:

    1     THE FEDERAL BANK LTD
          PAYYOLI BRANCH, LCRD, KOZHIKODE DIVISION,
          1ST FLOOR, FEDERAL TOWERS, MAVOOR ROAD,
          KOZHIKODE PIN - 673016
          REPRESENTED BY IT'S CHIEF MANAGER.

    2     THE AUTHORIZED OFFICER,
          THE FEDERAL BANK LTD., PAYYOLI BRANCH,
          LCRD, KOZHIKODE DIVISION, 1ST FLOOR,
          FEDERAL TOWERS, MAVOOR ROAD,
          KOZHIKODE, PIN - 673016.

          BY ADV.SRI.K.P.SUJESH KUMAR

     THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION
ON 15.02.2024, THE COURT ON THE SAME DAY DELIVERED THE
FOLLOWING:
 W.P.(C) No.5992 of 2024

                                 :2:

                         JUDGMENT

Dated this the 15th day of February, 2024

The petitioner's S.A stands dismissed. The petitioner

states that he has filed an appeal before the Debts

Recovery Appellate Tribunal, Chennai and Diary No.124 of

2024 has been assigned. The appeal has not been

numbered or listed for admission. In the meanwhile,

Advocate Commissioner appointed under Section 14 is at

the doorstep.

2. The petitioner states that he has a fair chance to

get the judgment of the Debts Recovery Tribunal set aside

in appeal. If in the meanwhile possession of the secured

asset is taken over forcefully by the Advocate

Commissioner, the petitioner will be put to irreparable loss

and injury. The petitioner, therefore seeks to direct the

respondent-Bank to stop all further proceedings pursuant to

Ext.P5 notice till a decision is taken by the Debts Recovery

Appellate Tribunal in appeal taken by file as Diary No.124 of

2024.

3. Standing Counsel entered appearance and

resisted the writ petition. The Standing Counsel denied all

the allegations made by the petitioner in the writ petition. It

is pointed out that the petitioner filed appeal as early on

10.01.2024. The petitioner could have very well brought the

matter before the Bench and obtain interim orders. The

present writ petition is only intended to prolong the recovery

proceedings. The writ petition is without any merit and it is

liable to be dismissed, contended the Standing Counsel.

4. I have heard the learned Counsel for the

petitioner and the learned Standing Counsel representing

the respondents.

5. The fact that the petitioner has filed an appeal is

not in dispute. The appeal was filed on 10.01.2024. Counsel

for the petitioner would submit that no defects in the appeal

are noted or intimated to the petitioner so far. Unless the

appeal is numbered, the petitioner will not be in a position to

insist for passing any interim or final order.

6. Taking into consideration the afore facts, I am of

the view that the petitioner can be granted a short time to

move the Debts Recovery Appellate Tribunal.

The writ petition is disposed of directing the

respondents to defer coercive proceedings, if any, against

the petitioner till 29.02.2024. The petitioner is at liberty to

move and obtain orders from the Debts Recovery Appellate

Tribunal in the meanwhile. It is made clear that no further

time will be granted to the petitioner in this matter.

Sd/-

N. NAGARESH JUDGE ams

APPENDIX OF WP(C) 5992/2024

PETITIONER EXHIBITS Exhibit P1 TRUE COPY OF THE PETITION FILED BY THE RESPONDENT BANK AGAINST THIS PETITIONER BEFORE THE CJM COURT, KOZHIKODE AS CMP NO.796/2023 DATED 11.05.2023 Exhibit P2 TRUE COPY OF THE ORDER PASSED BY THE CJM COURT, KOZHIKODE IN CMP NO.796/2023 DATED 11.05.2023 Exhibit P3 TRUE COPY OF THE APPEAL MEMORANDUM TAKEN ON THE FILES OF DRAT, CHENNAI

Exhibit P4 TRUE COPY OF THE I.A TAKEN ON THE FILES OF DRAT, CHENNAI AS DAIRY

Exhibit P5 TRUE COPY OF THE NOTICE ISSUED BY THE ADVOCATE COMMISSIONER DATED 01.02.2024

 
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