Victor Raj D.R. v. State Bank Of India

IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT:

THE HONOURABLE MR. JUSTICE A.MUHAMED MUSTAQUE FRIDAY, THE 21ST DAY OF AUGUST 2015/30TH SRAVANA, 1937 WP(C).No. 25323 of 2015 (M) ---------------------------- PETITIONER:

------------------- VICTOR RAJ D.R., KUZHIVILA VEEDU, MARIAPURAM PO, TRIVANDRUM 695 127.

BY SRI.M.RAMESH CHANDER (SENIOR ADVOCATE) ADVS. SRI.ANEESH JOSEPH SMT.DENNIS VARGHESE RESPONDENT:

--------------------- STATE BANK OF INDIA, REP. BY ITS ASSISTANT GENERAL MANAGER, STRESSED ASSETS RECOVERY BRANCH, 1ST FLOOR, SANGAMAM, OPP. TO AKG CENTRE, THIRUVANANTHAPURAM - 695 001.

BY SRI.TOM K.THOMAS, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 21-08-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

mbr/

WP(C).No. 25323 of 2015 (M) ---------------------------------------- APPENDIX PETITIONER(S)' EXHIBITS:

------------------------------------- P1PHOTOSTAT COPY OF THE NOTICE ISSUED BY THE BANK DATED 16.1.2013. P2PHOTOSTAT COPY OF THE NOTICE ISSUED BY THE ADVOCATE COMMISIONER IN MC 795/13 OF THE HON'BLE CHIEF JUDICIAL MAGISTRATE. RESPONDENTS' EXHIBITS:

NIL.

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

A. MUHAMED MUSTAQUE, J.

----------------------------------------------- W.P.(C) No.25323 of 2015 ----------------------------------------------- Dated this the 21st day of August, 2015

J U D G M E N T

The petitioner has approached this Court challenging SARFAESI proceedings.

2.

It is submitted by the learned Counsel for the bank that the entire liability has been transferred to ARCIL, an Asset Reconstruction Company.

3.

In that view of the matter, with a liberty to challenge the action of the Asset reconstruction company, the writ petition is disposed of.

Sd/ A. MUHAMED MUSTAQUE, JUDGE jm/