Contempt petition challenging a bank's refusal to credit payment and insistence on interest. Court dismissed the petition, holding petitioners remained liable for interest and recovery charges.
Contempt petition dismissed with no merit found. Petitioners remain liable for interest and recovery charges.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT :
THE HONOURABLE MR. JUSTICE S.SIRI JAGAN
TUESDAY, THE 10TH FEBRUARY 2009 / 21ST MAGHA 1930
Con.Case(C).No. 1655 of 2008(S)
------------------------------AGAINST THE JUDGEMENTIN WPC.23433/2008 Dated 13/08/2008 ....................
PETITIONER(S):
BY ADV. SRI.ELVIN PETER P.J.
RESPONDENT(S):
J.A.P.CHELLAYA, CHIEF MANAGER,ASSET RECOVERY MANAGEMENT BRANCH, PUBJAB NATINAL BANK, REGINAL OFFICE, MARKET ROAD, ERNAKULAM-682011.
ADV. SRI.K.P.SUDHEER FOR R1
THIS CONTEMPT OF COURT CASE (CIVIL) HAVING COME UP FOR ADMISSION ON 10/02/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
S. Siri Jagan, J.
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Cont. Court (C) No. 1655 of 2008
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Dated this, the 10th February, 2009.
J U D G M E N T
This contempt case is filed alleging non-compliance with the directions in Annexure A1 judgment. The allegation is that the petitioners had already paid the amount of Rs. 17 lakhs as directed in Annexure A1 judgment, despite which the respondent is insisting on payment of interest also, which has not been directed to be paid as per the judgment.
Sd/- S. Siri Jagan, Judge.
Tds/
1 issue framed by the court
Whether the petitioners' compliance with the principal judgment amounts as directed voids the liability to pay interest and recovery charges claimed by the respondent.
M/S. Karuna Steels & Kaiwalya Building Materials, rep. by SRI. A.R. Rajeev
J. A.P. Chellaya
S. Siri Jagan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
