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

THE HONOURABLE MR. JUSTICE S.MANU WEDNESDAY, THE 30^TH DAY OF OCTOBER 2024 / 8TH KARTHIKA, 1946 WA NO. 1730 OF 2024 AGAINST THE ORDER DATED 23.10.2024 IN WP(C) NO.30885 OF 2024 OF HIGH COURT OF KERALA APPELLANTS/APPLICANTS/PETITIONERS:

1 M/S. SARK SPICE PRODUCTS PVT. LTD.

REPRESENTED BY ITS MANAGING DIRECTOR, HAVING ITS REGISTERED ADDRESS AT TAK INDUSTRIAL COMPLEX, EARA NORTH, NEELAMPEROOR, ALAPPUZHA, PIN - 686534

2 ABRAHAM T. KURUVILA @ T.A. KURUVILA, AGED 72 YEARS, S/O. LATE T.C. ABRAHAM, CHAIRMAN & MANAGING DIRECTOR, SARK SPICE PRODUCTS PVT. LTD., THURUTHITHARA HOUSE, EARA NORTH P.O., NEELAMPEROOR, ALAPPUZHA, KERALA, PIN - 686534 BY ADVS.

SRI MATHEWS J. NEDUMPARA MARIA NEDUMPARA SHAMEEM FAYIZ V.P.

RESPONDEN T S /RESPONDEN T S/RESPONDENT S :

1 RESERVE BANK OF INDIA, REPRESENTED BY ITS GOVERNOR SHAHID BHAGAT SINGH ROAD, FORT, MUMBAI, PIN - 400001

2 BOARD OF DIRECTORS OF SOUTH INDIAN BANK, REPRESENTED BY ITS CEO & MANAGING DIRECTOR ,REGISTERED OFFICE, SIB HOUSE, T.B. ROAD MISSION QUARTERS, THRISSUR, KERALA, PIN - 680001

3 THE SOUTH INDIAN BANK LTD, REPRESENTED BY ITS CEO & MANAGING DIRECTOR, SIB HOUSE, T.B. ROAD, MISSION QUARTERS, THRISSUR, KERALA, PIN - 680001

4 AUTHORISED OFFICER & CHIEF MANAGER, SOUTH INDIAN BANK, REGIONAL OFFICE, KOTTAYAM, 1ST FLOOR, REGENCY SQUARE, K.K ROAD, COLLECTORATE P.O., KOTTAYAM,KERALA, PIN - 686002

5 MINISTRY OF MICRO SMALL AND MEDIUM ENTERPRISES, REPRESENTED BY ITS SECRETARY, UDYOG BHAWAN, RAFI MARG, NEW DELHI, PIN - 110001

6 UNION OF INDIA, REPRESENTED BY ITS SECRETARY, DEPARTMENT OF FINANCIAL SERVICES, MINISTRY OF FINANCE, 3RD FLOOR, JEEVAN DEEP BUILDING, SANSAD MARG, NEW DELHI, PIN - 110001

7 STATE OF KERALA REPRESENTED BY ITS CHIEF SECRETARY, GOVERNMENT SECRETARIAT,THIRUVANANTHAPURAM, PIN - 695001 SRI SUNIL SHANKAR THIS WRIT APPEAL HAVING COME UP FOR ADMISSION ON

30.10.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

JUDGMENT Dated this the 30^th day of October, 2024 Nitin Jamdar, C.J.

Heard Mr. Mathews J. Nedumpara, learned counsel for the Appellant and Mr. Sunil Shankar, learned Standing Counsel for Respondent Nos.3 and 4.

2. Learned counsel for the Appellant, after arguing for some time, states that he will request the learned Single Judge to reconsider the matter since in view of certain difficulties he could not address the Court when the impugned order was passed.

3. In light thereof, the appeal is disposed of.

Sd/-

Nitin Jamdar Chief Justice Sd/-

S. Manu Judge vpv