IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN THURSDAY, THE 11TH AUGUST 2011 / 20TH SRAVANA 1933 OP (DRT).No. 1295 of 2011(O) ----------------------------------------- OA.71/2002 of DEBT RECOVERY TRIBUNAL, ERNAKULAM .................... PETITIONER: ------------------- P.J.CHACKO, AGED 51 YEARS, S/O.P.D.JOSEPH, PUTHUPARAMBIL HOUSE, 31ST MILE, MUNDAKKAYAM P.O., KOTTAYAM DISTRICT-686 513. BY SRI.V.V.SIDHARTHAN, SENIOR ADVOCATE SRI.D.G.VIPIN RESPONDENT(S): ------------------------ 1. ORIENTAL BANK OF COMMERCE, M.G.ROAD, ERNAKULAM, REPRESENTED BY ITS BRANCH MANAGER. 2. M/S.AMROK SHIPPING (P) LTD., REPRESENTED BY ITS MANAGING DIRECTOR, ALEX ANTONY S/O.ANTONY MATHEW, AGED 58 YEARS, M.I.G.PANAMPILLY NAGAR, ERNAKULAM, KOCHI-682 036. 3. GEORGE ANTONY, S/O.ANTONY MATHEW, AGED ABOUT 42 YEARS, 25 DD VILLAGE, THAMMANAM, ERNAKULAM-682 032. 4. ALEX ANTONY, S/O.ANTONY MATHEW, AGED 58 YEARS, MIG, PANAMPILLY NAGAR, ERNAKULAM, KOCHI-682 036. 5. JACOB ANTONY @ JACOB K.A., AGED ABOUT 40 YEARS, S/O.ANTONY MATHEW, 674, NANDIKRUPA 9-A, MARUTI LAYOUT, 10-HENNUR CROSS KALYAN NAGAR, BANGALORE-560 043. tss OPDRT. NO.1295/2011 6. DR.MATHEW ANTONY, S/O.ANTONY MATHEW AGED ABOUT 60 YEARS, KOLLAMKULAM HOUSE, P.B.NO.26, KANJIRAPPALLY, KOTTAYAM-686 507. R6 BY ADVS. SRI.DINESH R.SHENOY, SRI.G.HARIKRISHNAN (TRIPUNITHURA), SRI.MAHESH MENON. THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON 11/08/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: tss OPDRT NO.1295/2011 APPENDIX PETITIONER'S EXHIBITS P1:- COPY OF THE ORDER DTD. 19.3.2004 IN OA. 71/2002 OF THE DEBT RECOVERY TRIBUNAL, ERNAKULAM. P2:- COPY OF THE IA. 700/2010 IN DRC 1503 FILED BY THE 6TH RESPONDENT BEFORE THE RECOVERY OFFICER, DEBT RECOVERY TRIBUNAL, ERNAKULAM. P3:- COPY OF THE ORDER DT.D 18.3.2010 IN IA. 700/2010 IN DRC 1503 IN OA. 71/2002, OF THE RECOVERY OFFICER, D.R.T., ERNAKULAM. P4:- COPY OF THE JUDGMENT DT.D 6.8.2010 IN WPC. 17118/2010 OF THE HIGH COURT OF KERALA, ERNAKULAM. P5:- COPY OF THE ORDER DT.D 11.10.2010 IN IA. 2591/2010 IN DRC 1503 IN OA. 71/2002 OF THE RECOVERY OFFICER, DEBT RECOVERY TRIBUNAL ERNAKULAM. P6:- COPY OF THE UN -NUMBERED REVIEW APPLICATION IN OA. 71/2002 BEFORE THE DEBT RECOVERY TRIBUNAL ERNAKULAM. P7:- COPY OF THE ORDER DT. 29.1.2010 IN IA. 2625/2009 IN OA.71/2002 OF THE DEBT RECOVERY TRIBUNAL, ERNAKULAM. P8:- COPY OF THE IA. 3057/2010 (IMPLEADING PETITIN) FILED BY THE PETITIONER IN THE UN-NUMBERED REVIEW APPLICATION IN OA.71/2002 OF THE DEBT RECOVERY TRIBUNAL, ERNAKULAM. P9:- COPY OF THE COUNTER AFFIDAVIT FILED BY THE 6TH RESPONDENT IN IA. 3057/2010 IN THE UN-NUMBERED REVIEW APPLICATION IN OA. 71/2002 OF THE DEBT RECOVERY TRIBUNAL, ERNAKULAM. P10:- COPY OF THE CERTIFIED COPY OF THE PROCEEDINGS IN IA.2625/2009 IN OA.71/2002 OF THE DEBT RECOVERY TRIBUNAL, ERNAKULAM. RESPONDENT'S EXHIBITS R6(a):- COPY OF THE JUDGMENT DTD. 13.1.2011 IN WPC. 30611/10 HIGH COURT OF KERALA. R6(b):- COPY OF THE VALUATION REPORT DT.D 13.1.1997 SUBMITTED BY M/S.FEBY CONSULTANTS TO THE IST RESPONDENT. R6(c):- COPY OF THE CERTIFIED COPY OF THE ACKNOWLEDGMENT CARD DTD. 4.8.2004. tss OPDRT. NO.1295/2011 R6(d):- COPY OF THE CERTIFIED COPY OF THE ACKNOWLEDGMENT CARD DTD. 30.3.2005. R6(e):- COPY OF THE PROCEEDINGS SHEET IN OA. 71/2001 DEBT RECOVERY TRIBUNAL (KERALA & LAKSHADWEEP). R6(f):- COPY OF THE IA. 2590/2010 IN IA. 7000/2010 IN DRC 1503/OBC/EKM. R6(g):- COPY OF THE IA. 2591/2010 IN IA. 700/2010 IN DRC 1503/OBC/EKM. R6(h):- COPY OF THE MEMO DTD. 15.9.2010. TRUE COPY P.A. TO JUDGE tss S. SIRI JAGAN, J. - - - - - - - - - - - - - - - - - - - - - - - O.P. (DRT) No.1295 of 2011 - - - - - - - - - - - - - - - - - - - - - - - Dated this the 11th day of August, 2011 J U D G M E N T The petitioner is a purchaser of certain lands in proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) initiated by the 1st respondent against respondents 2 to 6. But in view of a stay granted by the Debts Recovery Tribunal, Ernakulam in Ext.P6 review application filed by the 6th respondent, the petitioner is not getting the property for which he has paid the amount. It is under the above circumstances, the petitioner has filed this writ petition seeking the following reliefs: “(i) issue a direction or order calling for the files relating to Exhibit P-6, review application in O.A.71/2002 filed by the 6th respondent before the Debt Recovery Tribunal, Ernakulam and direct the Debt Recovery Tribunal, Ernakulam, to dispose of Exhibit P-6 review application immediately within a time frame as may be fixed by this Hon'ble Court.” Having parted with money for purchasing a property in proceedings under the Act, I am of opinion that, the O.P. (DRT) No.1295 of 2011 -2- petitioner is entitled to have the matter dispose of at the earliest. Therefore, I dispose of this writ petition with a direction to the Debts Recovery Tribunal, Ernakulam to consider and pass orders on Ext.P6 review application in O.A. No.71/2002, as expeditiously as possible, at any rate, within two months from the date of receipt of a copy of this judgment. If further time is needed, the DRT may address this court. I make it clear that, I have not considered the contentions of the parties on merits in this writ petition. Sd/- S. SIRI JAGAN JUDGE //True copy// P.A. TO JUDGE shg/