Mkp Polymers Pvt Ltd vs Federal Bank Ltd
2025 Latest Caselaw 8366 Ker

Kerala High Court

Mkp Polymers Pvt Ltd vs Federal Bank Ltd on 29 April, 2025

                                                   2025:KER:33231

         IN THE HIGH COURT OF KERALA AT ERNAKULAM

                            PRESENT

               THE HONOURABLE MR. JUSTICE S.MANU

 TUESDAY, THE 29TH DAY OF APRIL 2025 / 9TH VAISAKHA, 1947

                    WP(C) NO. 16467 OF 2025

PETITIONERS:

    1    MKP POLYMERS PVT LTD.,
         (ERSTWHILE SILVERSTONE MKP POLYMERS PVT LTD),
         HAVING ITS REGISTERED OFFICE AT CHENNAPARA,
         VITHURA PO, THIRUVANANTHAPURAM, REPRESENTED BY
         THE MANAGING DIRECTORS, PRASANTH P, PIN - 695551
    2    PRASANTH P.,
         AGED 58 YEARS
         SON OF PERUMAL PILLAI.K, MANAGING DIRECTOR, MKP
         POLYMERS PVT LTD (ERSTWHILE SILVERSTONE
         MKPPOLYMERS PVT LTD), RESIDING AT 13D, NIKUNJAM
         FORTUNE, JAWAHAR NAGAR, KOWDIAR PO,
         THIRUVANANTHAPURAM DISTRICT, PIN - 695003

         BY ADVS.
         PRAKASH P.GEORGE
         BIJU GEORGE
         ABIJITH M.
         SADER E.REAZ
         SAJID P.S.


RESPONDENTS:

    1    FEDERAL BANK LTD.,
         PO BOX NO.103, FEDERAL TOWERS, ALUVA,
         REPRESENTED BY THE MANAGING DIRECTOR AND CHIEF
         EXECUTIVE OFFICER, PIN - 683101

    2    AUTHORISED OFFICER,
         FEDERAL BANK LTD, LCRD THIRUVANATHAPURAM
         DIVISION, 4TH FLOOR FEDERAL TOWER, STATUE
         THIRUVANANTHAPURAM, PIN - 691001
                                                    2025:KER:33231

W.P.(C).No.16467 of 2025
                               :2:


     3      THE CENTRAL REGISTRY OF SECURITIZATION ASSET
            RECONSTRUCTION AND SECURITY- INTEREST OF
            INDIA(CERSAI),
            TOWER NO.1, OFFICE BLOCK, 4TH FLOOR, PLATE A,
            KIDWAI NAGAR(EAST), NEW DELHI, REPRESENTED BY THE
            REGISTRAR, PIN - 110023


            BY ADVS.
            Sunil Shankar A
            VIDYA GANGADHARAN(K/000424/2020)
            ARYA SATHEESH(K/002139/2024)



      THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
29.04.2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
                                                                         2025:KER:33231

W.P.(C).No.16467 of 2025
                                         :3:



                             S. MANU, J.
                    ------------------------------------
                  W.P.(C).No.16467 of 2025
                    ------------------------------------
               Dated this the 29th day of April, 2025

                                  JUDGMENT

Today, when this matter is taken up for

consideration, the learned counsel for the petitioners seek

permission to withdraw this writ petition.

Therefore, this writ petition is dismissed as

withdrawn.

sd/-

S.MANU, JUDGE.

Raj.

2025:KER:33231

APPENDIX OF WP(C) 16467/2025

PETITIONER EXHIBITS

Exhibit P1 TRUE COPY OF THE NOTICE DATED 04-11- 2023 ISSUED UNDER SECTION 13(2) OF THE SARFAESI ACT

Exhibit P2 TRUE COPY OF THE POSSESSION NOTICE DATED 09-04-2025 ISSUED BY THE ADVOCATE COMMISSIONER

Exhibit P3 TRUE COPY OF THE ORDER DATED 19-04-2025 IN MC NO.342/2025 PASSED BY THE CHIEF JUDICIAL MAGISTRATE COURT, THIRUVANATHAPURAM.

Exhibit P4 TRUE COPY OF THE COMPUTER PRINTOUT OBTAINED BY THE 2ND PETITIONER FROM THE CERSAI PORTAL ON 14-04-2025