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State Bank Of India vs Avaran Associates
2024 Latest Caselaw 13871 Ker

Citation : 2024 Latest Caselaw 13871 Ker
Judgement Date : 28 May, 2024

Kerala High Court

State Bank Of India vs Avaran Associates on 28 May, 2024

Author: Kauser Edappagath

Bench: Kauser Edappagath

           IN THE HIGH COURT OF KERALA AT ERNAKULAM
                             PRESENT
         THE HONOURABLE DR. JUSTICE KAUSER EDAPPAGATH
   TUESDAY, THE 28TH DAY OF MAY 2024 / 7TH JYAISHTA, 1946
                    OP(C) NO. 1022 OF 2024
        O.S 333/2023, PRINCIPAL MUNSIFF COURT, THRISSUR
PETITIONERS/PETITIONER/4TH DEFENDANT & DEFENDANT NO.3:

    1      STATE BANK OF INDIA
           ASSET RECOVERY MANAGEMENT BANK
           (PRESENTLY SARB-II) ERNAKULAM, R.S BUILDING,
           M.G ROAD, ERNAKULAM, REPRESENTED BY ITS CHIEF
           MANAGER AND AUTHORIZED OFFICER, PIN - 682011
    2      STATE BANK OF INDIA
           WADAKKANCHERY BRANCH, OTTUPARA, WADAKKANCHERY
           DESOM, WADAKKANCHERY P.O, THALAPPILLY TALUK,
           THRISSUR DISTRICT, REPRESENTED BY ITS BRANCH
           MANAGER, PIN - 680582
           BY ADVS.
           M.JITHESH MENON
           P.G.MAHESHKUMAR


RESPONDENTS/RESPONDENT/PLAINTIFF & DEFENDANTS NO.1 & 2:

    1      AVARAN ASSOCIATES
           MUKUNDAPURAM TALUK, IRINJALAKKUDA VILLAGE AND
           DESOM, IRINJALAKKUDA P.O, THRISSUR DISTRICT,
           REPRESENTED BY ITS MANAGING PARTNER MR. ROBI,
           PIN - 680121
    2      NABEESA
           W/O. PAREED, ARANGATHUPARAMBIL HOUSE,
           KUMARANELLOOR P.O, THALAPPILLY TALUK,
           THRISSUR DISTRICT,
           PIN - 680590
 OP(C) NO. 1022 OF 2024

                                    - : 2 :-

    3       A.M PAREED
            S/O. MOIDU, ARANGATHUPARAMBIL HOUSE,
            KUMARANELLOOR P.O, THALAPPITTY TALUK, THRISSUR
            DISTRICT. (SOLE PROPRIETOR OF M/S. AL SAFA
            TRADING COMPANY, 1/426 CHATHANCHIRA ROAD,
            KUMARANELLOOR P.O, THRISSUR DISTRICT,
            PIN - 680590


     THIS     OP   (CIVIL)    HAVING           COME   UP    FOR    ADMISSION   ON
28.05.2024,    THE    COURT    ON      THE       SAME      DAY    DELIVERED    THE
FOLLOWING:
 OP(C) NO. 1022 OF 2024

                                  - : 3 :-

                          JUDGMENT

The petitioners are defendants 3 and 4 in O.S.No.333 of 2023

on the files of the Principal Munsiff Court, Thrissur.

2. The defendants raised a contention that the suit is not

maintainable, since there is a bar of jurisdiction under Section 34 of

the Securitisation and Reconstruction of Financial Assests and

Enforcement of Security Interest Act, 2002.

3. The petitioner has moved Ext.P7 application to decide the

issue of maintainability as a preliminary issue. The limited prayer of

the petitioners is to give a direction to the Principal Munsiff Court,

Thrissur to dispose of Ext.P7 as expeditiously as possible.

Having heard the learned counsel for the petitioners, this

original petition is disposed of with a direction to the Principal

Munsiff Court, Thrissur, to dispose of Ext.P7 application, in

accordance with law, after hearing both sides, within a period of one

month from the date of receipt of a copy of this judgment.

Sd/-

DR.KAUSER EDAPPAGATH, JUDGE AS OP(C) NO. 1022 OF 2024

- : 4 :-

APPENDIX OF OP(C) 1022/2024

PETITIONER EXHIBITS EXHIBIT-P1 TRUE COPY OF THE NOTICE ISSUED BY THE 1ST PETITIONER TO THE RESPONDENTS 2 & 3 UNDER SECTION 13[2] OF THE SARFAESI ACT DATED 01-12-2022.

EXHIBIT-P2 TRUE COPY OF THE NOTICE ISSUED BY THE 1ST PETITIONER TO THE RESPONDENTS 2 & 3 UNDER SECTION 13[4] OF THE SARFAESI ACT DATED 10-02-2023.

EXHIBIT-P3 TRUE COPY OF THE ORDER IN M.C.367/2023 DATED 29-05-2023 ON THE FILE OF THE CHIEF JUDICIAL MAGISTRATE COURT THRISSUR EXHIBIT-P4 TRUE COPY OF THE PLAINT FILED BY THE 1ST RESPONDENT BEFORE THE HON'BLE MUNSIFF COURT,THRISSUR NUMBERED AS O.S.NO.333/2023 DATED 22-02-2023 EXHIBIT-P5 TRUE COPY OF THE I.A. NO. 03/2023 IN O.S. NO.333/2023 DATED 22-02-2023 FILED BY THE 1ST RESPONDENT BEFORE THE MUNSIFF COURT, THRISSUR EXHIBIT-P6 TRUE COPY OF THE ORDER OF INTERIM INJUNCTION IN I.A. 3/2023 IN O.S 333/2023 DATED 24-02-2023 PASSED BY THE HON'BLE MUNSIFF'S COURT, THRISSUR EXHIBIT-P7 TRUE COPY OF THE AFFIDAVIT WITH PETITION NUMBERED AS I.A.14/2023 IN O.S.NO.333/2023 FILED BY THE 1ST PETITIONER BEFORE THE MUNSIFF COURT, THRISSUR DATED 23-09-2023 TO DECIDE THE MAINTAINABILITY OF THE SUIT, AS A PRELIMINARY ISSUE

 
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