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2022 Supreme(Online)(KER) 61149

HIGH COURT OF KERALA
SREEKUMAR – Appellant
Versus
THE VAIKOM URBAN CO-OPERATIVE BANK LTD – Respondent


Advocates:
['P SHRIHARI', '', 'MARY NITHIYA K J', 'SRI JULIAN XAVIER', 'SC', 'VAIKOM URBAN CO-OP']

JUDGMENT

Petitioner has approached this Court at a time when there was no regular sitting at the Debts Recovery Tribunal, Ernakulam.

2. It is now reported that regular sittings have commenced at the Debts Recovery Tribunal and the Securitisation Application filed by the petitioner is pending consideration of the Tribunal.

3. In order to enable the petitioner to seek appropriate interim orders in the Tribunal, any recovery proceedings against the petitioner shall be deferred for a period of one month from today. It is made clear that it will be open to the Tribunal to pass appropriate orders and the deferment of recovery proceedings under this judgment need not deter the Tribunal from passing any order that it deems fit.

The O.P.(DRT) is disposed of as above.

sd/-

GOPINATH P.

JUDGE ajt APPENDIX OF OP (DRT) 213/2022 PETITIONER EXHIBITS Exhibit P1 TRUE COPY OF A DIARY PROCEEDINGS DATED 12-03-

2021 IN S.A NO. 223/2020 OBTAINED FROM E-DRT WEBSITE Exhibit P2 TRUE COPY OF DEMAND NOTICE DATED 29-09-2021 WITH RESPECT TO OVER DRAFT LIMITED OF RS

25.00 LAKHS WITH ACCOUNT NO. 102240010000148 Exhibit P3 TRUE COPY OF DEMAND NOTICE DATED 29-09-2021 WITH RESPECT TO OVER DRAFT LIMIT OF RS. 40.00 LAKHS WITH

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