V.K.Kesava Panicker v. the Authorised Officer, Canara Bank
Case brief
What is this about?
High Court closed a writ petition challenging bank property sale after petitioners discharged loan liability under One Time Settlement Scheme, directing refund of auction deposit.
What did the court decide?
Refund of auction deposit to purchaser within two weeks; sale treated as cancelled.
What the court decided
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT:
THE HONOURABLE MR. JUSTICE A.K.JAYASANKARAN NAMBIAR
WEDNESDAY, THE 30TH DAY OF MARCH 2016/10TH CHAITHRA, 1938
WP(C).No. 6896 of 2016 (J)
PETITIONERS :
1. V.K.KESAVA PANICKER S/O.LATE. M.P. KESAVA PANICKER, 'AISWARYA'CC NO. 37/1985, BATTATHIRIPAD ROAD, KALOOR POST, ERNAKULAM – 682017.
2. KRISHNA KESAV S/O.V.K. KESAVA PANICKER, 'AISWARYA', CC NO. 37/1985, BATTATHIRIPAD ROAD, KALOOR POST, ERNAKULAM – 682017.
BY ADV. SRI.M.M.SAIDU MUHAMMED
RESPONDENTS :
1. THE AUTHORISED OFFICER, CANARA BANK, ARM BRANCH, SHENOY CHAMBERS, SHANMUGHAM ROAD, KOCHI – 682031.
Issues for consideration
1 issue framed by the court
Whether the writ petition should be closed after the petitioners discharged their loan liability via a settlement scheme.
Parties & counsel
- petitioner
V.K. Kesava Panicker
- petitioner
Krishna Kesav
- respondent
The Authorised Officer, Canara Bank
- respondent
V.J. Francis
Coram
Case details
As recorded by the court registry
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