GOVINDAN NAMBOOTHIRI vs THE AUTHORIZED OFFICER FEDERAL BANK LTD.

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2026 Supreme(Online)(Ker) 22243

IN THE HIGH COURT OF KERALA AT ERNAKULAM
P. V. BALAKRISHNAN, J
GOVINDAN NAMBOOTHIRI – Appellant
Versus
THE AUTHORIZED OFFICER FEDERAL BANK LTD. – Respondent
OP (DRT) NO. 123 OF 2026 | SA NO.390 OF 2019

Important Points

Petitioner's request for expedited hearing denied; alternative remedy available under law.

Subject

Civil - Debt Recovery

Act Referred

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002: S.17

Headnote

In this case, the petitioner sought direction to the Debts Recovery Tribunal-II for expediting the hearing of SA No.390 of 2019. The court referenced Section 17(6) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, asserting that the petitioner had an alternative remedy to approach the DRAT. Consequently, the petition was dismissed.

Advocates:
For the Appellants/Petitioners: SRI.K.SIJU, SMT.ANJANA KANNATH

Table of Content
1. petitioner sought a direction for expediting case hearing. (Para 2)
2. reference to alternative remedy under the applicable law. (Para 3)

JUDGMENT

Heard the learned counsel for the petitioner on admission.

2. This original petition is filed seeking a direction to the Debts Recovery Tribunal-II, Ernakulam to dispose of SA No.390 of 2019 by advancing the case to a nearest date as expeditiously as possible.

3. As per Section 17 (6) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 the petitioner has an efficacious alternative remedy to approach the DRAT in cases where there is delay in disposal of the SA.

In such circumstances, without prejudice to the right of the petitioner to avail the alternative statutory remedy, this original petition is dismissed.