IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN TUESDAY, THE 19TH JULY 2011 / 28TH ASHADHA 1933 OP (DRT).No. 2313 of 2011(O) ---------------------------- TA.3/2003 of DEBT RECOVERY TRIBUNAL, ERNAKULAM .................... PETITIONER ------------------ ICICI BANK LTD., NO.1, CENOTAPH ROAD, 3RD FLOOR, TEYNAMPET, CHENNAI-600018. REP. BY ASST. GENERAL MANAGER BY ADVS. SRI.K.LAKSHMINARAYANAN SMT.SATHYA SHREEPRIYA RESPONDENT(S): ------------------------ 1. THE DEBT RECOVERY TRIBUNAL, 5TH FLOOR, GCDA BUILDING, PANAMPILLY NAGAR, ERNAKULAM.682036. 2. VANJINAD LEATHERS LIMITED, (IN LIQUIDATION), M-10-9, HOUSING BOARD, ASHOK NAGAR, AYYANTHOLE, TRICHUR, REP. BY RECIVER, MR.M.S.KALESH, ADVOCATE, JUDGES AVENUE, KALOOR, KOCHI. PIN 680003. 3. INDUSTRIAL DEVELOPMENT BANK OF INDIA, NARIMAN BHAVAN, 227, VINAY K.SHAH, MARG, NARIMAN POINT, MUMBAI-400021. 4. IFCI LTD., BANK OF BARODA BUILDING 16, PARLIAMENT STREET, NEW DELHI-110001. 5. STATE BANK OF TRAVANCORE, HEAD OFFICE, POOJAPPURA, THIRUVANANTHAPURAM, PIN-695003. 6. TAHSILDAR, PONNANI TALUK, MALAPPURAM.PIN 679577. 7. OFFICIAL LIQUIDATOR, HIGH COURT OF KERALA, ERNAKULAM. 682031 BY ADV. SRI.R.S.KALKURA, SC BY ADV. SRI.K.MONI, OFFICIAL LIQUIDATOR BY SENIOR GVERNMENT PLEADER SRI.C.K.GOVINDAN THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON 19/07/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: VK S. SIRI JAGAN, J. ------------------------------------------- O.P.(DRT) No.2313 OF 2011 ---------------------------------------------- Dated this the 19th day of July, 2011 JUDGMENT The petitioner bank is a party in T.A. No.3 of 2003 pending before the Debt Recovery Tribunal. The petitioner submits that the said T.A. was originally filed as a suit before the High Court of Mumbai as early as in 1989 which has been transferred to the 1st respondent, when the 1st respondent was constituted. The petitioner submits that in view of the long pendency of the matter, the 1st respondent may be directed to dispose of T.A. No.3 of 2003 expeditiously. It is further submitted that the matter was finally heard on 12.1.2011 and taken up for orders, but orders have not yet been pronounced. 2. I have heard the learned counsel for the bank also. In view of the fact that the matter is a long pending one, I dispose of this Original Petition (DRT) with a direction to the 1st respondent to pass orders pursuant to the hearing held on 12.1.2011 in T.A.No.3 of 2003, as expeditiously as possible, at any rate, within two months from the date of receipt of a copy of this judgment. S. SIRI JAGAN, JUDGE acd