High Court Kerala High Court

M/S Jayalakshmi Agencies vs State Bank Of Travancore on 18 September, 2007

Kerala High Court
M/S Jayalakshmi Agencies vs State Bank Of Travancore on 18 September, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 27770 of 2007(E)


1. M/S JAYALAKSHMI AGENCIES,
                      ...  Petitioner

                        Vs



1. STATE BANK OF TRAVANCORE,
                       ...       Respondent

                For Petitioner  :SRI.B.PREMNATH (E)

                For Respondent  :SRI.SATHISH NINAN

The Hon'ble MR. Justice M.N.KRISHNAN

 Dated :18/09/2007

 O R D E R


                               M.N.Krishnan, J.

                ========================

                        W.P(C).No.27770 of 2007

                ========================


          Dated this the  18th  day of September, 2007.


                                   JUDGMENT

This Writ Petition is filed seeking to issue a writ of

mandamus or order staying all the proceedings pursuant to

Ext.P5 sale notice till the disposal of S.A.No.73 of 2007 before

the Debt Recovery Tribunal, Ernakulam. I am informed that the

writ petitioner has moved an appeal and along with the same the

petitioner moved an application, I.A.No.1545 of 2007 for stay. It

is further informed that the court has only ordered urgent notice

on the same. Now, the learned counsel wants this Court to issue

a direction not to conduct the sale. I am afraid, in law, he is not

entitled to such a request for the reason that one cannot pursue

two parallel remedies in respect of the same matter at the same

time (Jai Singh v. Union of India – A.I.R. 1977 S.C. 898). It is

also to be stated that the jurisdiction under Article 227 of the

Constitution can be exercised only under certain conditions as

WP(C)27770/07 -: 2 :-

held by the Apex Court in Surya Dev Rai v. Ram Chander Rai

2003 (3) K.L.T. 490. I had gone through paragraph 37 of the

said decision and I am convinced that none of those grounds also

in existence for invoking the jurisdiction under Article 227 of the

Constitution.

2. Therefore, this Writ Petition is dismissed. But I make it

clear that this will not preclude the writ petitioner from moving

an application for advancement of the stay application before the

Debt Recovery Tribunal and pray for orders of the said Tribunal.

M.N.Krishnan,

Judge.

ess 19/9