Union Bank of India v. K.P.Sasikala Devi
Case brief
What is this about?
A single judge of the High Court of Kerala, on petition by a bank, directed the Debts Recovery Tribunal to finally dispose of an appeal filed by the borrower under Section 17 of the SARFAESI Act within two months to expedite stalled recovery proceedings.
What did the court decide?
Direction to Debts Recovery Tribunal to finally dispose of Special Appeal No. 853/2011 within two months from receipt of this judgment.
What the court decided
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT:
THE HONOURABLE MR.JUSTICE V.CHITAMBARESH
MONDAY, THE 16TH DAY OF DECEMBER 2013/25TH AGRAHAYANA, 1935
OP (DRT).No. 4473 of 2013 (O)
AGAINST THE ORDER/JUDGMENT IN SA 853/2011 of DEBT RECOVERY TRIBUNAL, ERNAKULAM
PETITIONER(S):
UNION BANK OF INDIA, REGIONAL OFFICE, UNION BANK BHAVAN, M.G.ROAD, STATUE THIRUVANANTHAPURAM REPRESENTED BY BRANCH MANAGER, MAVELIKKARA BRANCH.
BY ADVS.SRI.A.S.P.KURUP, SC, UBI SRI.SADCHITH.P.KURUP
RESPONDENT(S):
K.P.SASIKALA DEVI, PROPRIETOR,
VEE PEE YES ASSOCIATES, CHAROOR CHETTIKULANGARA P.O., MAVELIKKARA-690106.
Issues for consideration
1 issue framed by the court
Whether to direct the Debts Recovery Tribunal to dispose of the appeal filed by the respondent under Section 17 of the SARFAESI Act within a specific timeframe.
Parties & counsel
- petitioner
Union Bank of India, Regional Office, Union Bank Bhavan, M.G. Road, Statue Thiruvananthapuram
- respondent
K.P. Sasikala Devi
- respondent
Vee Pee Yes Associates
Coram
Case details
As recorded by the court registry
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