High Court Kerala High Court

M.J.Chacko vs State Bank Of Travancore on 6 November, 2007

Kerala High Court
M.J.Chacko vs State Bank Of Travancore on 6 November, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 32592 of 2007(E)


1. M.J.CHACKO, S/O.JOSEPH,
                      ...  Petitioner

                        Vs



1. STATE BANK OF TRAVANCORE, PALA BRANCH,
                       ...       Respondent

2. JOSE EUGINE, S/O.JOSEPH,

                For Petitioner  :SRI.B.PREMOD

                For Respondent  :SRI.M.PATHROSE MATTHAI (SR.)

The Hon'ble MR. Justice V.GIRI

 Dated :06/11/2007

 O R D E R
                                 V. GIRI ,J.
                       -------------------------------
                       WP(C).NO.32592 of 2007
                      ---------------------------------
               Dated this the 6th day of November, 2007

                               JUDGMENT

According to the petitioner, he purchased two standing timbers

(Anjili trees) under Ext.P1 agreement for sale from the owner – the

second respondent. Trees were standing in the land comprised in

Sy.Nos.341/3, 341/9 and 341/14 of the Ettumanoor Village. According

to the petitioner, though one of the standing timbers was removed by

him from the property, the other had remained there, from 2004

because the petitioner was searching for appropriate purchasers. In

the meanwhile the first respondent Bank initiated proceedings against

the second respondent under the Securatisation Act. Property where

the timber stands along with other properties were attached and the

Bank has taken possession of the same. The petitioner prays that the

timber in question should be released to him, if necessary on a bond

executed by him agreeing to make good any loss which the Bank may

suffer, if it finds that it is unable to realise the entire amount due to it

from the second respondent.

2. I have heard the learned standing counsel for the first

respondent also. In my view, this writ petition is misconceived.

Essentially what is sought for by the petitioner from this Court is an

W.P.(C)32592/2007 2

adjudication on the correctness of Ext.P1 as also the question as to

whether the petitioner is actually the owner of the tree which was

standing in the property of the defaulter. Such an adjudication would

involve a determination of disputed questions of fact also. Learned

counsel for the Bank submits that the petitioner has a remedy before

the Debt Recovery Tribunal. He may have a remedy before the Civil

Court also. In the circumstances, this writ petition is dismissed giving

liberty to the petitioner to move the Debt Recovery Tribunal or the

Civil court, if permissible and if so advised.

V. GIRI, JUDGE

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