High Court Kerala High Court

E. Jaffer Khan vs Union Bank Of India Represented By on 26 February, 2007

Kerala High Court
E. Jaffer Khan vs Union Bank Of India Represented By on 26 February, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 4147 of 2007(R)


1. E. JAFFER KHAN, PROPRIETOR,
                      ...  Petitioner
2. MINI JAFFER KHAN, PROPRIETOR,
3. PATHUMMAL BEEVI, PROPRIETOR,

                        Vs



1. UNION BANK OF INDIA REPRESENTED BY
                       ...       Respondent

2. THE GENERAL MANAGER,

3. REGIONAL MANAGER,

4. SENIOER MANAGER, UNION BANK OF INDIA,

                For Petitioner  :SMT.SREEDEVI KYLASANATH

                For Respondent  :SRI.A.S.P.KURUP, SC, UBI

The Hon'ble MR. Justice THOTTATHIL B.RADHAKRISHNAN

 Dated :26/02/2007

 O R D E R
               THOTTATHIL B.RADHAKRISHNAN, J

                       -------------------------------------------

                       W.P(C).No.4147 OF 2007 &

                               I.A.2992 OF 2007

                      -------------------------------------------

               Dated this the 26th  day of February, 2007




                                  JUDGMENT

In mid December, 2006, the petitioner wanted a final

settlement by wiping off the entire outstandings. By the time the

writ petition is came up for admission on 7.2.2007, two months

have elapsed. It was noticed that the entire outstanding

amounts worked out to more than Rs.1,60,00,000/-, with interest

from 1.10.2006. These facts will show that the petitioner,

apparently, does not have even a prima facie case to sustain any

challenge against the impugned proceedings since when it was

pointed out by the petitioner that he intends to wipe off the

outstandings, it was directed, to prove the bonafides of the

petitioner, to deposit an amount of Rs.55,00,000/- within a

period of two weeks from then. Following that order on

7.2.2007, all that the petitioner did was to show that an

agreement has been entered into between the petitioner and

certain other persons and as a consequence the petitioner

deposited an amount of Rs.2,00,000/-. Today, I.A.2992/07 was

WPC.4147/07

Page numbers

filed seeking that in view of the said sale agreement, the

petitioner may be granted the benefit of One Time Settlement

scheme and there may be a direction not to proceed with Ext.P7

possession notice.

2. The aforesaid facts would show that the petitioner has no

legal ground to challenge the impugned proceedings. That

apart, the petitioner is unable even to pay an amount of

Rs.55,00,000/- which is far less than 50% of the amount of

outstandings. An agreement for sale by itself would not change

the equities in favour of the petitioner.

After dictating the judgment to this extent, learned counsel

for the petitioner, after having urged the matter, seeks to

withdraw the petition. The writ petition and the I.A. are

dismissed as withdrawn.

THOTTATHIL B.RADHAKRISHNAN

Judge

kkb.