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Shibu Job Cheeran vs The Authorized Officer Under Sarfaesi ...
2024 Latest Caselaw 30753 Ker

Citation : 2024 Latest Caselaw 30753 Ker
Judgement Date : 30 October, 2024

Kerala High Court

Shibu Job Cheeran vs The Authorized Officer Under Sarfaesi ... on 30 October, 2024

OP (DRT) No.263/2024                     1/3                      Order Date : 30-10-2024

                       IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                       PRESENT
                       THE HONOURABLE MR.JUSTICE BASANT BALAJI
           Wednesday, the 30th day of October 2024 / 8th Karthika, 1946
                             OP (DRT) NO. 263 OF 2024
   PETITIONERS/APPLICANTS:

      1. SHIBU JOB CHEERAN, AGED 47 YEARS, S/O. C.V. JOB, DOOR NO.13-1/56,59,
         VAZHAPULLY ARCADE, NEAR LULU CONVENTION CENTRE, AYYANTHOLE P.O.
         PUZHAKKAL, THRISSUR , PIN-680003
      2. BENCY SHIBU, AGED 43 YEARS, W/O. SHIBU JOB CHEERAN, DOOR
         NO.13-1/56,59, VAZHAPULLY ARCADE, NEAR LULU CONVENTION CENTRE,
         AYYANTHOLE P.O., PUZHAKKAL, THRISSUR, PIN - 680003
      3. M.I. GEORGE, AGED 71 YEARS, S/O. LATE ITTI MATHEW M.V., DOOR
         NO.13-1/56,59, VAZHAPULLY ARCADE, NEAR LULU CONVENTION CENTRE,
         AYYANTHOLE P.O., PUZHAKKAL, THRISSUR, PIN-680003

   RESPONDENTS/DEFENDANTS:

      1. THE AUTHORIZED OFFICER, UNDER SARFAESI ACT, STATE BANK OF INDIA SARB
         BRANCH, VANKARATH BUILDING, PALARIVATTOM, EDAPPALLY P.O., KOCHI
         ERNAKULAM DISTRICT, PIN-682024
      2. MATHEW KURUVILA, THARAKANDATHIL, KUREEKAD P.O., CHANDAPARAMBU,
         KANAYANNUR, CHOTTANIKKARA, ERNAKULAM DISTRICT, PIN-682312
      3. THE DEBT RECOVERY APPELLATE TRIBUNAL, CHENNAI, 7TH FLOOR, SASTRI
         BHAVAN ANNEX, HADDSON ROAD, CHENNAI, TAMIL NADU STATE, REPRESENTED
         BY THE REGISTRAR, PIN - 600006


        OP (Debt Recovery Tribunal) praying inter alia that in the
   circumstances stated in the affidavit filed along with the OP (DRT) the
   High Court be pleased to i) stay all further proceedings to pursuant to
   Exhibit P4 order passed by the Debt Recovery Tribunal ii, Ernakulam,
   pending disposal of the original petition (drt). ii) direct the
   respondents not to use or cause damage to the movable items in the secured
   asset which are mentioned in Exhibit P8 report, pending disposal of the
   Original Petition (drt).


        This petition coming on for orders upon perusing the petition and
   the affidavit filed in support of OP (DRT) and upon hearing the arguments
   of SRI.GEORGE POONTHOTTAM (SR.)Advocate along with SRI. NISHA GEORGE &
   N.SASI, Advocates for the petitioners and of SRI.M.JITHESH MENON,STANDING
   COUNSEL for R1, the court passed the following:
 OP (DRT) No.263/2024                          2/3                         Order Date : 30-10-2024




                                     BASANT BALAJI, J.
                                        --------------------------
                                    OP (DRT) No. 263 of 2024
                                          -------------------------
                              Dated this the 30th day of October, 2024

                                               ORDER

1. Sri. M. Jithesh Menon, Standing Counsel takes notice for the 1 st

respondent and submits that he had filed a statement on 05.09.2024.

2. The learned Senior Counsel appearing for the petitioner submits

that, Exhibit P-5 is an appeal filed before the DRAT, Chennai against the

Order dated 15.12.2023 in SA No. 502 of 2022 and he has moved Exhibit P-

6 waiver petition as well as Exhibit P-7 stay petition. The Senior Counsel

prays that a direction be issued for consideration of Exhibits P-6 and P-7 at

the earliest.

3. The learned Standing Counsel appearing for the 1st respondent

submits that Exhibit P-6 is an application for waiving the pre-deposit and it

is for the DRAT to consider the same.

4. Heard the Counsel appearing for both the parties. Having considered

the submissions across the Bar, there will be a interim direction to the DRAT,

Chennai to take up Exhibit P-6 waiver petition and pass appropriate orders

after hearing the respondents within a period of one month.

Post on 03.12.2024.

Sd/-

BASANT BALAJI JUDGE Svn OP (DRT) No.263/2024 3/3 Order Date : 30-10-2024

APPENDIX OF OP (DRT) 263/2024 Exhibit -P1 TRUE COPY OF THE ORDER IN IA(IBC) NO. 27/KOB/2021 IN IBA/133/2019 (CHENNAI BENCH), DATED 13.7.2021 PASSED BY NATIONAL COMPANY LAW TRIBUNAL, KOCHI BENCH Exhibit -P2 TRUE COPY OF THE DEMAND NOTICE BEARING NO.

RM/ME/AMPL/SARFAESI/01 DATED 16.6.2017 ISSUED UNDER SECTION 13(2) OF THE SARFAESI ACT, ALONG WITH ITS TYPED COPY Exhibit -P3 TRUE COPY OF THE SALE NOTICE DATED 13.9.2022 ISSUED BY THE 1ST RESPONDENT BANK.

Exhibit -P4 TRUE COPY OF THE FINAL ORDER DATED 15.12.2023 IN S.A.NO.502/2022 ISSUED BY THE DRT-2, ERNAKULAM Exhibit -P5 TRUE COPY OF THE AIR (SA) NO. 1940/2023 FILED BEFORE THE DRAT, CHENNAI ON 23.12.2023, WITHOUT ITS ANNEXURES. Exhibit -P6 TRUE COPY OF THE WAIVER PETITION PRESENTED AS I.A.NO.

85/2024 IN AIR(SA) NO. 1940 OF 2023 FILED BEFORE THE DRAT, CHENNAI ON 27TH DECEMBER 2023 Exhibit -P7 TRUE COPY OF THE UNNUMBERED STAY PETITION IN AIR(SA) NO. 1940/2023 FILED BEFORE THE DRAT, CHENNAI ON 27TH DECEMBER 2023 Exhibit -P8 THE REPORT FILED BY THE ADVOCATE COMMISSIONER IN O.S. NO.13/2024 BEFORE THE HON'BLE MUNSIFF'S COURT, DEVIKULAM DATED 20.02.2024 Annexure-R1(C) True copy of the judgment issued by this Hon'ble Court in W.P(C).No.26478/2019 dated 28-10-2019 Annexure-R1(A) True copy of the judgment issued by this Hon'ble Court in W.P(C)No.31389/2017 dated 13-10-2017 Annexure-R1(B) True copy of the order passed by the Hon'ble DRT-2, Ernakulam in S.A.No.197/2019 dated 27-12-2019 Annexure-R1(D) True copy of the judgment issued by this Hon'ble Court in O.P(DRT).No.183/2019 dated 21-11-2019 Annexure-R1(E) True copy of the judgment issued by this Hon'ble Court in O.P.(DRT). No.20/2021 dated 02-12-2021 Annexure-R1(F) True copy of the Interim order passed by this Hon'ble Court in W.P.(C).No.20350/2022 dated 23-06-2022

 
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