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2023 Supreme(Online)(KER) 16863

HIGH COURT OF KERALA
C.S. DIAS, J
M/S VASU COCO RESORTS PVT.LTD., – Appellant
Versus
THE AUTHORISED OFFICER, – Respondent


Advocates:
PRAVEEN K. JOY, E.S.SANEEJ, DEEPU RAJAGOPAL, ABISHA.E.R, FATHIMA SHALU, S.T.A.JOY, M.P.UNNIKRISHNAN, N.ABHILASH, ARDRA ANIL, ALBIN VARGHESE, ANUPAMA NAIR

J U D G M E N T

The original petition is filed to direct the Debts Recovery Tribunal-2, Ernakulam(Tribunal), to issue the certified copy of the final order dated 07.07.2023 in S.A.No.530/2022, expeditiously.

2. The petitioners’ case is that they are the applicants in S.A.No.530/2022 on the file of the Tribunal. The Tribunal, by its order dated 07.07.2023, has dismissed the Securitization Application. The petitioners propose to challenge the impugned order before the Debts Recovery Appellate Tribunal(Appellate Tribunal), Chennai. But, the petitioners have not received the certified copy of the final order. In the meantime, the respondents are threatening to take possession of the secured asset, which would cause prejudice to the petitioners.

Hence, the original petition.

3. Heard; Sri. Praveen K. Joy, the learned counsel appearing for the petitioners, Sri. Tom K. Thomas, the learned counsel appearing for the respondents 1 & 2 and Sri. S. Easwaran, the learned standing counsel appearing for the third respondent/auction purchaser.

4. Sri. Tom K. Thomas, on instructions, submitted that the Tribunal has already issued the final order to the respondents 1 & 2 on 10.07.2023. Hence, the origina

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