Kannan Anjoor Chandran @ Kannan. a. C. v. the South Indian Bank
Kerala HCWP(C)/4529/2023
Case brief
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What is this about?
WP可就银行贷款重组提交方案。法院指出此事项权力有限，命令当事人向银行提交重组提案。若银行在10天内收到提案将予以考虑。
What the court decided
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IN THE HIGH COURT OF KERALA AT ERNAKULAM
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PRESENT
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THE HONOURABLE MR. JUSTICE T.R.RAVI
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FRIDAY, THE 10TH DAY OF FEBRUARY 2023 / 21ST MAGHA, 1944
WP(C) NO. 4529 OF 2023
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PETITIONER:
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KANNAN ANJOOR CHANDRAN @ KANNAN. A. C.
AGED 37 YEARS
S/O. A. V. CHANDRAN, RESIDING AT BUILDING NUMBER 1352,
ROOM NUMBER 204, MUWEILAH NEAR NESTO, SHARJAH, UNITED
ARAB EMIRATES, (PERMANENT ADDRESS: 'SREENILAYAM',
LAKSHAMPARAMBU ROAD, AKATHIYUR P.O., PORKULAM,
THRISSUR - 680 519, REPRESENTED BY POWER OF ATTORNEY
HOLDER MANISH ANJOOR CHANDRAN @ MANISH A C.,
AGED 36 YEARS, S/O. A. V. CHANDRAN, 'SREENILAYAM',
LAKSHAMPARAMBU ROAD, AKATHIYUR P.O., PORKULAM,
THRISSUR – 680519.
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BY ADVS.
ARYA UNNIKRISHNAN
SHAKTHI PRAKASH
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RESPONDENTS:
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1 THE SOUTH INDIAN BANK REPRESENTED BY ITS AUTHORIZED OFFICER THRIPRAYAR BRANCH, THRIPRAYAR, THRISSUR – 680566.
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2 THE SOUTH INDIAN BANK LTD., REPRESENTED BY ITS AUTHORIZED OFFICER, REGIONAL OFFICE, THRISSUR SIB PLATINUM JUBILEE BUILDING, 1ST FLOOR, AYYANTHOLE, THRISSUR – 680003.
Issues for consideration
1 issue framed by the court
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Whether this Court can order regularisation of a defaulted bank loan by payment of overdue amounts in instalments.
Parties & counsel
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- petitioner
KANNAN ANJOOR CHANDRAN
- respondent
THE SOUTH INDIAN BANK
- respondent
THE SOUTH INDIAN BANK LTD.
Coram
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Case details
As recorded by the court registry
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