High Court Kerala High Court

M/S. Crystal Drugs (Private)Ltd vs Canara Bank on 26 October, 2007

Kerala High Court
M/S. Crystal Drugs (Private)Ltd vs Canara Bank on 26 October, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 9440 of 2006(W)


1. M/S. CRYSTAL DRUGS (PRIVATE)LTD.,
                      ...  Petitioner

                        Vs



1. CANARA BANK, MANJERI BRANCH,
                       ...       Respondent

2. LEELAMMA MATHEW, DIRECTOR,

3. PHILOMINA MENDEZ, DIRECTOR,

4. JACOB K. JOY, DIRECTOR,

5. VARGHESE K. JOY, DIRECTOR,

6. MARIYAMMA JOY, W/O. LATE K.V. JOY,

7. T.K. JOSEPH KUTTY, DIRECTOR,

8. JOSE PAUL, DIRECTOR, M/S. CRYSTAL DRUGS,

9. A.T. JOHNY AVARAN, DIRECTOR,

10. VINOD KRISHNAN, DIRECTOR,

11. LEELAMMA SUNNY, DIRECTOR,

12. MARIAMMA THIMOTHY,

13. MATHEW JOSEPH, DIRECTOR,

14. LALY JOSE PANAKKEL,

15. M.M. MATHEW, PAIKA, POOVARANY P.O.,

16. HENRY MENDEZ, T.C.NO.27/957,

17. K.M. SUNNY, S/O. MATHEW,

18. DEEPA RAVISANKAR, KAVITHA,

19. GRACY JOY, D/O.LATE K.V.JOY,

20. ANNIE VARGHESE, D/O. LATE K.V. JOY,

21. LAILA JOY, D/O. LATE K.V. JOY,

22. VARGHESE K. JOY, S/O. LATE K.V. JOY,

23. SHEEMA, D/O. K.T. THIMOTHY,

24. R. RADHAKRISHNAN, PADMA BHAVAN,

25. AJAY RADHAKRISHNAN, PADMA BHAVAN,

26. CHAITANYA RADHAKRISHNAN,

                For Petitioner  :SRI.K.SURENDRA MOHAN

                For Respondent  :SRI.V.M.KURIAN

The Hon'ble MR. Justice THOTTATHIL B.RADHAKRISHNAN

 Dated :26/10/2007

 O R D E R
           THOTTATHIL B. RADHAKRISHNAN, J
                       -------------------
                    W.P.(C). 9440/2006
                       --------------------
         Dated this the 26th day of October, 2007

                       JUDGMENT

The first respondent filed a suit against the writ

petitioner for recovery of money. The petitioner filed a

written statement raising counter claim with an

application to sue as an indigent person in relation to the

counter claim. Pending that suit, the Recovery of Debts

Due to Banks and Financial Institution Act, 1993,

hereinafter referred to as ‘the Act’, came into force. As a

consequence, the suit was transferred to the Debt

Recovery Tribunal, which proceeded with the matter.

With the passage of time, Section 19 of the Act stood

amended with effect from 17.1.2000 authorizing the

Tribunal to entertain counter claims. Thus, the Tribunal

got the power to adjudicate on counter claims. But, that

would not invite any liability to pay the court-fee in

relation to the counter claim before the Tribunal. This

issue is covered by the decision of this Court in Dataware

Design Labs (P) Ltd. v. State Bank of India (2005

(2) KLT 96). Parties had also settled the matter out of

Court and entire loans have been discharged.

W.P.(C).9440/2006
2

Under the above circumstances, this writ petition is

allowed quashing the directions in Ext.P4 to remit an

amount of Rs.65,000/-. It is hence directed that the

amount of Rs.65,000/- paid by the petitioner in

obedience to the order in T.A.1105/1997 shall be

refunded to the petitioner, by the Tribunal, within a

period of one month from the date of receipt of a copy of

this judgment.

THOTTATHIL B. RADHAKRISHNAN
Judge

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