Corporation Bank v. Bijoy.S

IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT:

THE HONOURABLE MR. JUSTICE A.K.JAYASANKARAN NAMBIAR MONDAY, THE 9TH DAY OF NOVEMBER 2015/18TH KARTHIKA, 1937 OP (DRT).No. 127 of 2015 (O) ----------------------------- SA. NO.190/2011 OF DEBT RECOVERY TRIBUNAL, ERNAKULAM. ......

PETITIONER(S):

-------------------------- CORPORATION BANK, ERNAKULAM BRANCH, 1ST FLOOR, RADHAKRISHNA BUILDING, CLOTH BAZAR ROAD, ERNAKULAM - 682 031, REP. BY K. KALADHARAN, S/O.K. RAMANKUTTY NAIR, AGED 55 YEARS, THE SENIOR MANAGER.

BY ADV. SRI.VIVEK VARGHESE P.J.

RESPONDENT(S):

----------------------------

1. BIJOY. S., S/O.DR.A. SREEDHARAN, SREEBHAVAN, BHATTATHIRI ROAD, KADAVANTHRA - 682 020.

2. SWAPNA BIJOY, W/O.BIJOY. S, SREEBHAVAN, BHATTATHIRI ROAD, KADAVANTHRA - 682 020.

THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON 09-11-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: rs.

OP (DRT).No. 127 of 2015 (O) APPENDIX PETITIONER'S EXHIBITS:- EXT.P-1:

TRUE COPY OF SALE NOTICE DATED 28.02.2011 ISSUED BY THE PETITIONER.

EXT.P-2:

TRUE COPY OF SECURITISATION APPLICATION SA NO.190/11 OF DRT, ERNAKULAM DATED 17.03.2011.

EXT.P-3:

TRUE COPY OF THE STAY ORDER DATED 21.03.2011 IN IA NO.739/2011 IN SA NO.190/11 OF DRT, ERNAKULAM.

EXT.P-4:

TRUE COPY OF WRITTEN STATEMENT 07.09.2011 OF DRT, ERNAKULAM BENCH.

RESPONDENT'S EXHIBITS:- NIL.

//TRUE COPY// P.S. TO JUDGE rs.

A.K.JAYASANKARAN NAMBIAR, J.

------------------------------- O.P.(DRT).NO.127 OF 2015 ----------------------------------- Dated this the 9th day of November, 2015

J U D G M E N T

The O.P(DRT) is filed seeking a direction to the Debt Recovery Tribunal, Ernakulam, to consider and pass final orders in S.A.No.190 of 2011 expeditiously after hearing the petitioner. When the O.P(DRT) came up for admission, I had called for a report from the Presiding Officer, Debt Recovery Tribunal as to the time required for passing final orders in the said S.A. By a report dated 02.11.2015, the Debt Recovery Tribunal has indicated that it would require six months time to dispose the S.A. Taking note of the said report, therefore, I dispose the O.P(DRT) by directing the Debt Recovery Tribunal, Ernakulam, to pass final orders in S.A.No.190/2011 on or before 30.04.2016.

A.K.JAYASANKARAN NAMBIAR JUDGE mns/9.11.2015