Contempt case against a bank manager for non-compliance with an earlier order. The Bank's standing counsel stated the competent authority found the mortgaged property sufficient security for releasing the account amount. The Court recorded this, protected the Bank's right to recover loans, and closed the contempt petition.
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IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR.JUSTICE K. BABU
MONDAY, THE 18TH DAY OF MARCH 2024 / 28TH PHALGUNA, 1945
CON.CASE(C) NO. 2417 OF 2023
AGAINST THE ORDER/JUDGMENT DATED IN Crl.Rev.Pet NO.673 OF
2023 OF HIGH COURT OF KERALA
PETITIONER/S:
N. SASIKUMARAN THAMPI
AGED 57 YEARS
S/O NALLA THAMPI, RESIDING AT TC 4/602 SARATH,
SREEVILAS LANE, P(1), KOWDIAR P.O
THIRUVANANTHAPURAM, PIN - 695003
BY ADV L.RAJESH NARAYAN
RESPONDENT/S:
KARAN.N.MATE
FATHERS NAME NOT KNOWN TO PETITIONER BRANCH
MANAGER, STATE BANK OF INDIA KOCHUVELI BRANCH,
THIRUVANANTHAPURAM, PIN - 695021
OTHER PRESENT:
gilbert george adv ,jithesh menon sc for sbi
THIS CONTEMPT OF COURT CASE (CIVIL) HAVING COME UP
FOR ADMISSION ON 18.03.2024, THE COURT ON THE SAME DAY
DELIVERED THE FOLLOWING:
Cont. Case (C) No. 2417 of 2023
..2..
K. BABU, J
Cont. Case (C) No. 2417 of 2023
Dated this the 18th day of March, 2024
JUDGMENT
The learned Standing Counsel for the Bank, on instructions, submitted that the competent authority in the Bank valued the property already mortgaged by the petitioner in three other loans and found that it is sufficient to be offered as security for the amount to be released. The submission is recorded.
The Contempt Petition stands closed.
Sd/- K.BABU, JUDGE
kkj
Cont. Case (C) No. 2417 of 2023
..3..
APPENDIX OF CON.CASE(C) 2417/2023
PETITIONER ANNEXURES
Annexure A1CERTIFIED COPY OF THE ORDER DATED
31.7.2023 IN CRL.R.P NO.673/2023
Annexure A2TRUE COPY OF THE REPLY RECEIVED FROM
THE RESPONDENT DATED 4.10.2023
Annexure A3TRUE COPY OF THE REQUEST DATED
4.10.2023 TO THE REGIONAL MANAGER, SBI
Annexure A4TRUE COPY OF THE REPLY DATED 9.10.2023
ISSUED BY THE REGIONAL MANAGER SBI
N. SASIKUMARAN THAMPI
KARAN.N.MATE
K. BABU
As recorded by the court registry
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