Hearing of a writ petition involving bank dues where the petitioner company negotiated settlements with the respondent bank. The court closed the petition without prejudice to ongoing negotiations.
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IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT :
THE HONOURABLE MR. JUSTICE ANTONY DOMINIC
MONDAY, THE 5TH NOVEMBER 2007 / 14TH KARTHIKA 1929
WP(C).No. 11984 of 2007(B)
PETITIONERS:
BY ADV. SRI.S.VINOD BHAT
RESPONDENTS:
R1 & R2 BY ADV. SRI.C.AJITH KUMAR
R3 SRI.K.I.SAGEER IBRAHIM.
THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 05/11/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
ANTONY DOMINIC, J.
= = = = = = = = = = = = = = = = W.P.(C) No. 11984 OF 2007 B = = = = = = = = = = = = = = = =
Dated this the 5th November, 2007
J U D G M E N T
It is now submitted by the 3rd respondent that negotiation with the Bank for settlement of the dues of the petitioners are going on. In view of this, without prejudice to the negotiations that are going on, I close this writ petition.
ANTONY DOMINIC JUDGE
jan/-
L.R.SPINNING MILLS (P) LTD.
L.R OIL EXTRACTION (P) LTD.
JAYABHAVANI INDUSTRIES
PUNJAB NATIONAL BANK
MUHAMMED RAHIM
SRI.K.I.SAGEER IBRAHIM
ANTONY DOMINIC
As recorded by the court registry
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