High Court Kerala High Court

K.Velayudhan vs Punjab National Bank on 14 December, 2009

Kerala High Court
K.Velayudhan vs Punjab National Bank on 14 December, 2009
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C).No. 27928 of 2008(Y)


1. K.VELAYUDHAN, S/O KUNCHAN, AGED 67,
                      ...  Petitioner

                        Vs



1. PUNJAB NATIONAL BANK, KANJIKODE BRANCH,
                       ...       Respondent

                For Petitioner  :SRI.JACOB SEBASTIAN

                For Respondent  : No Appearance

The Hon'ble MR. Justice S.S.SATHEESACHANDRAN

 Dated :14/12/2009

 O R D E R
                  S.S.SATHEESACHANDRAN, J.
                 ----------------------------------------
                  W.P.(C).No. 27928 OF 2008
                     --------------------------------
         Dated this the 14th day of December 2009
         ----------------------------------------------------------
                              JUDGMENT

Petitioner is the second judgment debtor in

E.P No.23 of 2007 in O.S No.426 of 2000 on the file of Sub

Court, Palakkad. Decree executed is one passed in a suit for

money by sale of a mortgage property. Negativing the

objections raised by the judgment debtors, the execution

court has settled proclamation for sale of the mortgage

property fixing an upset price of Rs.8,47,472/- to realise the

decree debt. Ext.P2 is the copy of the sale proclamation.

Correctness of Ext.P2 is challenged in the writ petition

invoking the visitorial jurisdiction vested with this court

under Article 227 of the Constitution of India.

2. I heard the learned counsel for the petitioner.

It is submitted that at the time of admitting this writ petition,

an interim stay was granted directing the petitioner/second

judgment debtor to pay a sum of Rs.2,50,000/- towards the

decree debt due. Pursuant to that direction, a sum of

Rs.1,50,000/- had been deposited by the petitioner and that

W.P.(C).No. 27928 OF 2008 Page numbers

sum was withdrawn by the decree holder. According to the

counsel for the petitioner, the amount calculated towards

the liability arising from the decree debt to settle the

proclamation is incorrect, and, over ‘B’ schedule property,

some others also have right, but those objections were not

considered by the execution court while passing orders for

settling the proclamation for sale is the grievance espoused

in the writ petition. I do not find any merit in the objections

canvassed. Not even a copy of the objections, if any, raised

pursuant to receiving of the notice under Order 21 Rule 66

(2)(a) of the Code of Civil Procedure has been produced with

the writ petition. There is nothing on record to show that

any tenable objection was canvassed to resist the settling of

proclamation for sale and its publication. No interference

with the order settling the proclamation for sale in the

circumstance emerge for consideration. Writ petition lacks

merit, and it is closed.

Sd/-

                                     S.S.SATHEESACHANDRAN,
                                             JUDGE
                   //TRUE COPY//

vdv                                        P.A TO JUDGE