Dismissed
Babykuttan D. v. Federal Bank Ltd.
Kerala HCWP(C)/2859/2023
Case brief
AI extract
What is this about?
This Court dismissed a writ petition under Article 226 seeking time for repayment. The petitioner had earlier been directed to approach the Debts Recovery Appellate Tribunal under Section 18 of the SARFAESI Act but failed to do so, rendering the current petition unentertainable.
What did the court decide?
Time for payment of the balance amount out of Rs.25,00,000/- was denied and the writ petition was dismissed without prejudice to rights to approach the Debts Recovery Appellate Tribunal.