IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE B.P.RAY THURSDAY, THE 1ST SEPTEMBER 2011 / 10TH BHADRA 1933 WP(C).No. 22692 of 2011(J) -------------------------- PETITIONER: --------------- K.T.JOHN,AGED 61 YEARS, S/O.LATE K.J.THOMAS,KOKKATTU HOUSE,VILAKKUMADOM, MALLIKASSERY.P.O,POOVARANY,KOTTAYAM DISTRICT, PIN-686577. BY ADV. SRI.NISHIN GEORGE VIJAYABABU SRI.BIJU ABRAHAM (KAIPPANPLACKAL) RESPONDENTS: ------------------ 1. K.T. MATHEW,S/O.LATE.K.J.THOMAS, KOKKATTU HOUSE,VILAKKUMADOM,MALLIKASSERY.P.O, POOVARANY,KOTTAYAM DISTRICT 686 577. 2. JOSE MATHEW,FCA,S/O.VADAKKEKALAM JOSE MATHEW,VADAKKEKALAM GREEN VILLA,CHAMBER ROAD, BAZAR.P.O,ALAPPUZHA - 688 001. 3. RAHUL SEGAL,24/03,OKHALA INDUSTRIAL PHASE-II,NEW DELHI-100 020. 4. MEHAR SEGAL,S/O.RAHUL SEGAL B-364,NEW FRIENDS COLONY,NEW DELHI-100 005. 5. PRASANTH SEGAL,S/O.RAHUL SEGAL B-364, NEW FRIENDS COLONY,NEW DELHI-100 005. 6. BUSINESS SEARCH INDIA(P)LTD,W-52, GREATER KAILASH-1,NEW DELHI-110 048. 7. B.S.INDUSTRIES(P) LTD W-52,D SUJAN SINMGH PARK,NEW DELHI-110 003. W.P.(C) No.22692/2011 : 2: 8. GOLDEN TULIP FARMS(P)LTD,47,VILLAGE GONAPUR,DELHI-110 030. 9. NESTOR PHARMACEUTICALS LTD,24/03, OKHALA INDUSTRIAL PHASE-II,NEW DELHI-100 020. 10. STATE BANK OF TRAVANCORE,POOVARANY BRANCH,PALA,KOTTAYAM REPRESENTED BY ITS BRANCH MANAGER 686 575. 11. SUPERINTENDENT OF POLICE,CENTRAL BUREAU OF INVESTIGATION,KATHRIKKADAVU,P.O.KALOOR, ERNAKULAM-682017. ADV. SRI.SATHISH NINAN FOR R10 SRI.P.CHANDRASEKHARAN PILLAI (VENNELA), SC ADV. SRI. B. JAYASURYA, GOVERNMENT PLEADER THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 01/09/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: W.P.(C) No.22692/2011 : 3: APPENDIX PETITIONER'S EXHIBITS: EXT.P1 : COPY OF THE PETITION PORTION OF THE OA 97/2009 DATED 12.03.2009. EXT.P2 : COPY OF THE LOAN SANCTIONING LETTER DATED 24.12.1998. EXT.P3 : COPY OF THE LOAN SANCTIONING LETTER DATED 17.07.1999. EXT.P4 : COPY OF THE LOAN SANCTIONING LETTER DATED 11.12.2000. EXT.P5 : COPY OF THE GUARANTEE REVOCATION LETTER ISSUED BY THE MOTHER OF THE PETITIONER AND THE 1ST RESPONDENT TO THE 10TH RESPONDENT DATED 28.12.2007. EXT.P6 : COPY OF THE REPLY DATED 15.02.2008 ISSUED BY THE 10TH RESPONDENT BANK IN RESPONSE TO EXT.P5. EXT.P7 : COPY OF THE ACCOUNTS STATEMENT OF KOKKAD PHARMACEUTICALS LTD. FOR THE PERIOD 01.03.2007 TO 31.03.2007. EXT.P8 : COPY OF THE ANNUAL REPORT OF THE KOKKAD PHARMACEUTICALS LTD. FOR THE AY 2005-2006. EXT.P9 : COPY OF THE ANNUAL REPORT OF THE KOKKAD PHARMACEUTICALS LTD. FOR THE AY 2006-2007. EXT.P10 : COPY OF THE ANNUAL REPORT OF THE KOKKAD PHARMACEUTICALS LTD. FOR THE AY 2007-2008. EXT.P11 : COPY OF THE LETTER DATED 15.07.2009 WITH DETAILS OF THE DD'S ISSUED BY THE DIRECTORATE OF HEALTH SERVICE, THIRUVANANTHAPURAM. EXT.P12 : COPY OF THE EMAIL DATED 20.05.2011 SENT BY THE PETITIONER THROUGH HIS SON TO THE INSPECTOR OF CBI. EXT.P13 COPY OF THE PETITION PREFERRED BY THE PETITIONER BEFORE THE 11TH RESPONDENT DATED 15 MAY, 2011. EXT.P14 COPY OF THE MASTER CIRCULAR BEARING DBS. FrMC BC. No. 1/23.04.001/2005-06 DATED 09.09.2005 ISSUED BY THE RESERVE BANK OF INDIA. RESPONDENT'S EXHIBITS: NIL //TRUE COPY// P.A. TO JUDGE W.P.(C) No.22692/2011 : 4: rv W.P.(C) No.22692/2011 : 5: B.P. RAY, J. - - - - - - - - - - - - - - - - - W.P.(C)No. 22692 of 2011 - - - - - - - - - - - - - - - - Dated this the 1st day of September, 2011. JUDGMENT The petitioner has filed this writ petition praying the following relief. 1. To issue a writ of mandamus or any appropriate Writ to direct the 11th respondent to conduct the investigation as sought for in Exhibit-P13. 2. Admittedly, the dispute is pending before before the Debts Recovery Tribunal, Ernakulam in O.A. No. 97 of 2009. If the petitioner wants to redress his grievances, he may approach the Debts Recovery Tribunal, Ernakulam. I do not find any substance to direct the CBI to investigate into the matter. Accordingly, this writ petition is dismissed. sd/- B.P. RAY, JUDGE. rv