IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN MONDAY, THE 8TH AUGUST 2011 / 17TH SRAVANA 1933 OP (DRT).No. 2462 of 2011(O) ----------------------------------------- [SA.NO.253/2010 OF DEBT RECOVERY TRIBUNAL, ERNAKULAM] .................... PETITIONER: ------------------- ANEEZ MON,S/O.S.BASHEER, BASHEER MANZIL, MUSLIM STREET,KOTTARAKKARA. BY ADV. SRI.T.H.ABDUL AZEEZ. RESPONDENTS: ------------------------ 1. SALIM.N.A, MARAKKARAZHIKATHU VEEDU, MUSLIM STREET,KOTTARAKKARA- 691 506. 2. INDIAN BANK,REPRESENTED BY THE CHIEF MANAGER, CIRCLE OFFICE, P.B. NO.3575,CHITTOOR ROAD, PULLEPPADY JUNCTION, ERNAKULAM- 682 035. 3. THE DEBTS RECOVERY TRIBUNAL,ERNAKULAM – 682 036. R2 BY SRI. S. EASWARAN, S.C. THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON 08/08/2011,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: O.P.(DRT).NO.2462/2011-O: APPENDIX PETITIONERS' EXHIBITS: EXT.P.1: COPY OF THE CERTIFICATE OF SALE ISSUED TO THE PETITIONER BY THE R.2, INDIAN BANK. EXT.P.2: COPY OF THE COUNTER AFFIDAVIT FILED IN THE STAY PETITION IN S.A. 253/10. EXT.P.3: COPY OF THE PETITION DTD. 06/10/2010 FILED BY THE PETITIONER'S COUNSEL TO ADVANCE THE HEARING OF THE S.A. TO A NEAR DATE. RESPONDENTS' EXHIBITS: NIL. //TRUE COPY// P.A. TO JUDGE. Prv. S. Siri Jagan, J. =-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-=-= O.P(DRT) No. 2462 of 2011 =-=-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-= Dated this, the 8th day of August, 2011. J U D G M E N T The petitioner is the purchaser of a secured asset belonging to the 1st respondent in proceedings under the Securitisation & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The 1st respondent filed an application under Section 17 of the Act and obtained a stay. The petitioner submits that because of the order of stay, the petitioner's money is blocked. Therefore, the petitioner filed Ext.P3 application before the Debt Recovery Tribunal seeking expeditious disposal of S.A.No. 253/2010 The petitioner seeks a direction to the Debt Recovery Tribunal to dispose of S.A.No. 253/2011 expeditiously. 2. I have heard the 2nde respondent bank also. In view of the peculiar situation, it is only appropriate that the 3rd respondent-Debt Recovery Tribunal disposes of S.A.No. 253/2010 expeditiously. Accordingly, I dispose of this writ petition with a direction of the 3rd respondent to dispose of S.A.No. 253/2010 as expeditiously as possible at any rate within 2 months from the date of receipt of a copy of this judgment. Sd/- S. Siri Jagan, Judge. Tds/