IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE THE CHIEF JUSTICE MR. NITIN JAMDAR &

THE HONOURABLE MR. JUSTICE S.MANU FRIDAY, THE 1^ST DAY OF NOVEMBER 2024 / 10TH KARTHIKA, 1946 WA NO. 1557 OF 2017 AGAINST THE JUDGMENT DATED 26.10.2016 IN WPC NO.39679 OF 2015 OF HIGH COURT OF KERALA APPELLANTS-RESPONDENTS 2 TO 6:

1 THE GRIEVANCE REDRESSED COMMITTEE STATE BANK OF INDIA,STRESSED ASSETS MANAGEMENT GROUP,STATE BANK BHAVAN, MADAM CARE ROAD, MUMBAI - 400 021.

2 THE CHIEF GENERAL MANAGER STATE BANK OF INDIA,STRESSED ASSETS MANAGEMENT GROUP, STATE BANK BHAVAN, MADAM CARE ROAD, MUMBAI - 400 021.

3 THE CHEIF MANAGER AND AUTHORISED OFFICER STATE BANK OF INDIA, STRESSED ASSETS MANAGEMENT GROUP, RED CROSS BUILDING, 32, MONBETH ROAD, EGMORE, CHENNAI - 600 008.

4 THE RELATIONSHIP MANAGER AND ASSISTANT GENERAL MANAGER, STATE BANK OF INDIA, OVERSEAS BRANCH, RAJAJI SALAI,CHENNAI - 600 001.

5 THE ASSISTANT GENERAL MANAGER STATE BANK OF INDIA, REGIONAL OFFICE(SAMG), TRIVANDRUM - 695 001.

RESPONDENTS-PETITIONER & 1ST RESPONDENT:

1 MRS. SOBHANA VASAN NAIR W/O. P.J VASAN NAIR, 804, AKARIA ARCADE, AYYAPPANKAVU JUNCTION, CHITTOR ROAD, COCHIN - 682 018.

2 UNION OF INDIA REPRESENTED BY SECRETARY, MINISTRY OF BANKING &

FINANCE, PARLIAMENT, NEW DELHI-1 BY ADV SRI.PRAVEEN K. JOY THIS WRIT APPEAL HAVING BEEN FINALLY HEARD ON

01.11.2024, ALONG WITH WA.1566/2017, 1567/2017, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE THE CHIEF JUSTICE MR. NITIN JAMDAR &

THE HONOURABLE MR. JUSTICE S.MANU FRIDAY, THE 1^ST DAY OF NOVEMBER 2024 / 10TH KARTHIKA, 1946 WA NO. 1566 OF 2017 AGAINST THE JUDGMENT DATED 26.10.2016 IN WPC NO.39680 OF 2015 OF HIGH COURT OF KERALA APPELLANTS/RESPONDENTS 2 TO 6:

1 THE GRIEVANCE REDRESSED COMMITTEE, STATE BANK OF INDIA, STRESSED ASSETS MANAGEMENT GROUP,STATE BANK BHAVAN, MADAM CARE ROAD, MUMBAI 400 021

2 THE CHEIF GENERAL MANAGER STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT GROUP,STATE BANK BHAVAN, MADAM CARE ROAD, MUMBAI 400 021

3 THE CHEIF MANAGER AND AUTHORISED OFFICER STATE BANK OF INDIA, STRESSED ASSETS MANAGEMENT GROUP,RED CROSS BUILDING,32,MONBETH ROAD, EGMORE, CHENNAI 600 008

4 THE RELATIONSHIP MANAGER AND ASSISTANT GENERAL MANAGER, STATE BANK OF INDIA,OVERSEAS BRANCH, RAJAJI SALAI,CHENNAI 600 001

5 THE ASSISTANT GENERAL MANAGER STATE BANK OF INDIA,REGIONAL OFFICE (SAMG)

TRIVANDRUM 695 001 RESPONDEN T S / PETITIONER & 1ST RESPONDEN T :

1 P.SREEKUMAR AGED 46, S/O.LATE K.M MADHAVAN NAIR, 704, AKARIA ARCADE, AYYAPPANKAVU JUNCTION, CHITTOR ROAD, COCHIN - 682 018

2 UNION OF INDIA REPRESENTED BY SECRETARY,MINISTRY OF BANKING &

FINANCE, PARLIAMENT, NEW DELHI-1 BY ADV SRI.PRAVEEN K. JOY THIS WRIT APPEAL HAVING BEEN FINALLY HEARD ON

01.11.2024, ALONG WITH WA.1557/2017 AND CONNECTED CASES, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE THE CHIEF JUSTICE MR. NITIN JAMDAR &

THE HONOURABLE MR. JUSTICE S.MANU FRIDAY, THE 1^ST DAY OF NOVEMBER 2024 / 10TH KARTHIKA, 1946 WA NO. 1567 OF 2017 AGAINST THE JUDGMENT DATED 26.10.2016 IN WPC NO.39682 OF 2015 OF HIGH COURT OF KERALA APPELLANTA/RESPONDENTS 2 TO 6:

1 THE GRIEVANCE REDRESSED COMMITTEE STATE BANK OF INDIASTRESSED ASSETS MANAGEMENT GROUP,STATE BANK BHAVAN, MADAM CARE ROAD, MUMBAI 400 021

2 THE CHIEF GENERAL MANAGER STATE BANK OF INDIA,STRESSED ASSETS MANAGEMENT GROUP,STATE BANK BHAVAN, MADAM CARE ROAD, MUMBAI 400 021

3 THE CHEIF MANAGER AND AUTHORISED OFFICER STATE BANK OF INDIA,STRESSED ASSETS MANAGEMENT GROUP,RED CROSS BUILDING,32,MONBETH ROAD, EGMORE, CHENNAI 600 008

4 THE RELATIONSHIP MANAGER AND ASSISTANT GENERAL MANAGEER, STATE BANK OF INDIA, OVERSEAS BRANCH,RAJAJI SALAICHENNAI 600 001

5 THE ASSISTANT GENERAL MANAGER STATE BANK OF INDIA, REGIONAL OFFICE(SAMG), TRIVANDRUM 695 001 RESPONDENTS/PETITIONER & 1ST RESPONDENT:

1 M/S.SLS EXPORTS (P) LTD.

F-117,PIONEER TOWERS, NO.1 MARINE DRIVE, COCHIN

682 031, REPRESENTED BY ITS MANAGING DIRECTOR B.

HARIKRISHNAN, AGED 43,S/O. BALA