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K.R. Shajan Joseph vs Indian Overseas Bank
2024 Latest Caselaw 26924 Ker

Citation : 2024 Latest Caselaw 26924 Ker
Judgement Date : 6 September, 2024

Kerala High Court

K.R. Shajan Joseph vs Indian Overseas Bank on 6 September, 2024

Author: Dinesh Kumar Singh

Bench: Dinesh Kumar Singh

                                      1

                                                             2024:KER:67671
OP (DRT) NO. 277 OF 2024



                  IN THE HIGH COURT OF KERALA AT ERNAKULAM

                                   PRESENT

                THE HONOURABLE MR. JUSTICE DINESH KUMAR SINGH

         FRIDAY, THE 6TH DAY OF SEPTEMBER 2024 / 15TH BHADRA, 1946

                           OP (DRT) NO. 277 OF 2024


PETITIONER/S:

     1      K.R. SHAJAN JOSEPH
            AGED 58 YEARS
            S/O. LATE K.L. RAPHEL, PROPRIETOR, M/S. TIMBER GLASS HOUSE,
            KOMAROTH HOUSE, AZAD ROAD, KALOOR, ERNAKULAM, PIN - 682017

     2      SHAINA SHAJAN
            AGED 54 YEARS
            W/O. K.R. SHAJAN JOSEPH, KOMAROTH HOUSE, AZAD ROAD, KALOOR,
            ERNAKULAM, PIN - 682017


            BY ADVS.
            V.K.PEERMOHAMED KHAN
            GIRISH KUMAR V.C




RESPONDENT/S:

     1      INDIAN OVERSEAS BANK
            REP. BY ITS BRANCH MANAGER, ERNAKULAM BRANCH, THEKKEKKARA
            MANSION, FIRST FLOOR, M.G. ROAD, ERNAKULAM, PIN - 682035

     2      THE AUTHORISED OFFICER
            INDIAN OVERSEAS BANK, ERNAKULAM BRANCH, THEKKEKKARA MANSION,
            FIRST FLOOR, M.G. ROAD, ERNAKULAM, PIN - 682035

     3      SHAJI PETER KATTASSERIL
            KATTASSERY HOUSE, PONEKARA, EDAPPALLY S.O, ERNAKULAM, KOCHI,
            PIN - 682024
                                     2

                                                         2024:KER:67671
OP (DRT) NO. 277 OF 2024




OTHER PRESENT:

           SRI.P.B. KRISHNAN-SR
           SRI. SUNIL SHANKAR-SC


     THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON
06.09.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
                                           3

                                                                   2024:KER:67671
OP (DRT) NO. 277 OF 2024




                                    JUDGMENT

The present writ petition has been filed for the following reliefs:-

1). Call for the files leading to Exhibit-P1 S.A. and the proceedings as per Ext-P.4 to P.6 and quash Ext-P.4, P.5 and P.6;

2). Issue appropriate orders on original petition, order or direction to quash Ext-P.4 to P.6 proceedings in SA No. 244/2021 on the files of Debts Recovery Tribunal-I, Ernakulam and to direct the Debts Recovery Tribunal-I, Ernakulum to re-open the matter as per Ext-P7 petition and to pass final orders in the SA only after hearing the case of the petitioners by affording opportunity to make reply arguments in accordance with law within the time as framed by this Honourable Court;

3). Pass such other order or direction which this Honorable court deem fit and proper to grant in the circumstances of the case along with costs of the proceedings;

4). Allow this Original Petition with costs.

2. Arguments had been heard in S.A No.244 of 2021and it is listed today for

orders.

3. The learned counsel for the petitioners submits that the petitioners need

15 minutes time to advance some further arguments as some new documents

have been placed on record by the Bank.

4. Considering the limited prayer made, this writ petition is disposed of

directing the Debts Recovery Tribunal Ernakulam - I to allow the applicants in S.A

2024:KER:67671 OP (DRT) NO. 277 OF 2024

No.244 of 2021 to make further arguments not exceeding 30 minutes. After

hearing the petitioners for a maximum period of 30 minutes today, the Tribunal

may pronounce the order.

Sd/-

DINESH KUMAR SINGH JUDGE Sru

2024:KER:67671 OP (DRT) NO. 277 OF 2024

APPENDIX OF OP (DRT) 277/2024

PETITIONER EXHIBITS

Exhibit P1 TRUE COPY OF THE AMENDED SECURITIZATION APPLICATION FILED ON 09.02.2024 IN SA NO. 244/2021 BEFORE THE DEBT RECOVERY TRIBUNAL-I, ERNAKULAM WITHOUT ANNEXURES

Exhibit P2 TRUE COPY OF THE PETITION FILED BY THE RESPONDENT BANK TO ACCEPT ADDITIONAL DOCUMENT DATED 03.07.2024

Exhibit P3 TRUE COPY OF THE COUNTER AFFIDAVIT FILED BY THE PETITIONERS HEREIN IN IA NO: 2440/ 2024 IN SA NO:

244/2021 DATED 08.07.2024

Exhibit P4 TRUE COPY OF THE PROCEEDINGS DATED 19.07.2024 OF THE HHONORABLE DRT-I, ERNAKULAM IN SA NO:

Exhibit P5 TRUE COPY OF THE PROCEEDINGS DATED 05.08.2024 OF THE HONORABLE DRT-I, ERNAKULAM IN SA NO: 244/2021

Exhibit P6 TRUE COPY OF THE PROCEEDINGS DATED 19.08.2024 OF DRT-I, ERNAKULAM IN SA NO: 244/2021

Exhibit P7 TRUE COPY OF THE PETITION DATED 03.09.2024 FOR RE-OPEN THE CASE FILED AS PER DIARY NO: 3509/2024 BEFORE THE DRT-I, ERNAKULAM

Exhibit P8 TRUE COPY OF THE MEMO DATED 12.08.2024 FILED BY THE RESPONDENT BANK BEFORE THE DRT-I, ERNAKULAM IN SA NO: 244/2021

 
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