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M/S. Wasuki Farmers Society vs The Canara Bank
2026 Latest Caselaw 2390 Ker

Citation : 2026 Latest Caselaw 2390 Ker
Judgement Date : 27 March, 2026

[Cites 0, Cited by 0]

Kerala High Court

M/S. Wasuki Farmers Society vs The Canara Bank on 27 March, 2026

                                                     2026:KER:27370
OP (DRT) NO. 28 OF 2026
                                     1

               IN THE HIGH COURT OF KERALA AT ERNAKULAM

                                  PRESENT

             THE HONOURABLE MR.JUSTICE P. V. BALAKRISHNAN

     FRIDAY, THE 27TH DAY OF MARCH 2026 / 6TH CHAITHRA, 1948

                          OP (DRT) NO. 28 OF 2026

         SA NO.938 OF 2025 OF DEBT RECOVERY TRIBUNAL, ERNAKULAM

PETITIONER/S:

     1       M/S. WASUKI FARMERS SOCIETY,
             REGN.NO.WYD/CA/316/2016, MEENANGADI P.O., WAYANADU,
             REPRESENTED BY ITS PRESENT CHIEF EXECUTIVE OFFICER,
             SHRI NITHIN.M.JOY, AGED 39, S/O. M.P. JOY, PIN -
             673591

     2       ROBIN P.R.,
             AGED 37 YEARS
             S/O. P.T. RAJU, PADINJAREKUDIYIL HOUSE, KARACHAL
             P.O., WAYANAD, PIN - 673591

             BY ADVS.
             SHRI.VARGHESE C.KURIAKOSE
             SMT.AMRITHA.J
             SHRI.KURUVILLA MATHEW
             SHRI.VIPIN C. VARGHESE
             SMT.MARIYA MATHEW
RESPONDENT/S:

     1       THE CANARA BANK,
             MEENANGADI BRANCH, MEENANGADI, WAYANAD, REPRESENTED
             BY ITS BRANCH MANAGER, PIN - 673591

     2       THE AUTHORISED OFFICER,
             CANARA BANK, ARM BRANCH KOZHIKODE CIRCLE OFFICE, OPP
             NATIONAL HOSPITAL, FOURA BUILDING, NEAR RUCHI BHAVAN,
             MAVOOR ROAD, KOZHIKODE, PIN - 673001

     3       P.T. RAJU,
                                                           2026:KER:27370
OP (DRT) NO. 28 OF 2026
                                     2

             AGED 70 YEARS
             S/O. LATE THOMAS, PADINJAREKUDIYIL HOUSE, KARACHAL
             P.O., WAYANAD, PIN - 673591

     4       MANU P.R.,
             AGED 39 YEARS
             S/O. P.T. RAJU, PADINJAREKUDIYIL HOUSE, KARACHAL
             P.O., WAYANAD, PIN - 673591

     5       LEELA RAJU,
             AGED 64 YEARS
             W/O. P.T. RAJU, PADINJAREKUDIYIL HOUSE, KARACHAL
             P.O., WAYANAD, PIN - 673591

     6       JOSE K.J ( SOUGHT TO BE IMPLEADED )
             C/O ROSE JOHN, KANNATTU PARAMBIL HOUSE, MEPPADI ROAD,
             NEAR BYPASS JUNCTION, KALPETTA, VYTHIRI, WAYANAD
             ( SOUGHT TO BE IMPLEADED )

     7       ABIN JOSE ( SOUGHT TO BE IMPLEADED )
             C/O K.J.JOSE, KANNATTU PARAMBIL HOUSE, MEPPADI ROAD,
             NEAR BYPASS JUNCTION, KALPETTA, VYTHIRI, WAYANAD
             ( SOUGHT TO BE IMPLEADED )


             BY ADVS.
             SHRI.M.GOPIKRISHNAN NAMBIAR
             SRI.T.P.PRADEEP
             SRI.P.K.SATHEES KUMAR
             SRI.R.K.PRASANTH
             SMT.MINIKUMARY M.V.
             SHRI.JIJO JOSEPH
             SMT.DEVU SHAJI
             SHRI.K.JOHN MATHAI
             SRI.JOSON MANAVALAN
             SRI.KURYAN THOMAS
             SHRI.PAULOSE C. ABRAHAM
             SHRI.RAJA KANNAN
             SMT.AKHILA NAMBIAR


      THIS   OP   (DEBT   RECOVERY   TRIBUNAL)   HAVING    COME   UP   FOR
ADMISSION ON 27.03.2026, THE COURT ON THE SAME DAY DELIVERED
THE FOLLOWING:
                                                                2026:KER:27370
OP (DRT) NO. 28 OF 2026
                                       3

                                 JUDGMENT

This original petition is filed with a prayer to

direct the Debts Recovery Tribunal-I, Ernakulam to

take up SA No.938 of 2025 and hear the petitioners

and pass orders on the interlocutory applications

which are pending including the stay petition within a

time limit to be stipulated by this Court.

2. Heard the learned counsel for the

petitioners and the learned Standing Counsel for

respondents 1 and 2.

3. Learned counsel for respondents 1 and 2

submitted that the bank has no objections in directing

an early disposal of the stay petitions filed by the

petitioners and which are pending before the DRT. She

also submitted that the petitioners are enjoying the

stay granted by this Court without any conditions and

therefore, this original petition may be disposed off,

by relegating the petitioners to DRT.

4. In the light of the said submission,

there shall be a direction to the DRT-I, Ernakulam to 2026:KER:27370 OP (DRT) NO. 28 OF 2026

consider Ext.P18 stay petition filed by the

petitioners in S.A.No.938 of 2025, within a period of

two weeks from the date of receipt of a copy of this

judgment. Respondents 1 and 2 shall not take any

coercive steps till the Tribunal takes up Ext.P18 stay

petition for consideration.

This original petition is disposed of as above.

sd/-

P. V. BALAKRISHNAN JUDGE scl 2026:KER:27370 OP (DRT) NO. 28 OF 2026

APPENDIX OF OP (DRT) NO. 28 OF 2026

PETITIONER EXHIBITS

Exhibit P1 TRUE COPY OF THE PROCEEDINGS DATED 07.07.2018 ALONGWITH TRANSLATION Exhibit P2 TRUE COPY OF THE CERTIFICATE ISSUED BY AGRICULTURAL OFFICER ATTACHED TO KRISHI BHAVAN, KALPETTA DATED 17.12.2025 ALONG WITH TRANSLATION Exhibit P3 :TRUE COPY OF THE CERTIFICATE ISSUED BY AGRICULTURAL OFFICER ATTACHED TO KRISHI BHAVAN, KALPETTA DATED 17.12.2025 ALONG WITH TRANSLATION Exhibit P4 TRUE COPY OF THE SECTION 13 (2) NOTICE ON 15.05.2024 ISSUED BY THE RESPONDENT BANK. Exhibit P5 TRUE COPY OF THE LETTER DATED 16.10.2024 ISSUED BY BANK Exhibit P6 TRUE COPY OF THE S.13 (4) NOTICE DATED 02.09.2024 ISSUED BY THE RESPONDENT BANK Exhibit P7 TRUE COPY OF THE SALE NOTICE DATED 04.11.2025 ISSUED BY THE RESPONDENT BANK Exhibit P8 TRUE COPY OF THE SALE NOTICE PUBLISHED APPEARING IN HINDU DAILY Exhibit P9 TRUE COPY OF THE SALE NOTICE DATED 03.12.2025 ISSUED BY THE RESPONDENT BANK Exhibit P10 TRUE COPY OF THE JUDGMENT DATED 06.10.2025 IN W.P. (CIVIL) NO.34743/2025 PASSED BY THE HON'BLE HIGH COURT OF KERALA, ERNAKULAM Exhibit P11 TRUE COPY OF THE APPLICATION FILED BEFORE CHIEF JUDICIAL MAGISTRATE COURT, KALPETTA BY THE RESPONDENT BANK Exhibit P12 TRUE COPY OF THE AFFIDAVIT FILED IN RELATION TO SECTION 14 APPLICATION Exhibit P13 TRUE COPY OF THE ORDER DATED 12.11.2025 IN CMP NO. 2926/2025 ON THE FILES OF CJM, KALPETTA, WAYANAD Exhibit P14 TRUE COPY OF THE NOTICE DATED 26.12.2025 ISSUED BY THE ADVOCATE COMMISSIONER Exhibit P15 TRUE COPY OF THE DEATH CERTIFICATE PERTAINING TO GUARANTOR, P.S.VISWAMBARAN Exhibit P16 TRUE COPY OF THE AMENDED S.A. NO.938/2025 2026:KER:27370 OP (DRT) NO. 28 OF 2026

ON THE FILES OF DRT-I, ERNAKULAM WITHOUT ANNEXURES Exhibit P17 TRUE COPY OF THE AMENDMENT APPLICATION IA NO. 213/26 IN IN S.A.NO.938/2025 ON THE FILES OF DRT-I, ERNAKULAM DATED 07.01.2026 Exhibit P18 TRUE COPY OF THE STAY PETITION IA NO. 214 /

I, ERNAKULAM DATED 07.01.2026 RESPONDENT EXHIBITS

Exhibit R6(a) A true copy of the sale certificate issued by the 2nd respondent dated 10/12/2025

 
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