IN THE HIGH COURT OF KERALA AT ERNAKULAM
RP No. 899 of 2007(B)
1. STATE BANK OF INDIA,
... Petitioner
Vs
1. BOMBAY PLASTIC EQUIPMENTS,
... Respondent
2. C.V. SUBRAMANIAN, S/O. VELAYUDHAN,
3. C.S.SAILESH, S/O. C.V. SUBRAMANIAN,
4. SARASWATHY, W/O. C.V.SUBRAMANIAN,
For Petitioner :SRI.K.K.CHANDRAN PILLAI
For Respondent : No Appearance
The Hon'ble MR. Justice C.N.RAMACHANDRAN NAIR
Dated :20/09/2007
O R D E R
C.N.RAMACHANDRAN NAIR, J.
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R.P. No. 899 of 2007 & COC No. 1273 of 2007
in WP(C) No. 24164 of 2007
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Dated, this the 20th day of September, 2007
O R D E R
The review petition and contempt petition are heard together.
Review petition is disposed of as follows. Since O.A. had already
been disposed of, it can not be closed as infructuous even after
settlement. Therefore, direction in this regard is recalled. Title
deed could not be released within one week as it was before the
DRT. Therefore, time frame for release of title deed is also recalled.
The learned counsel for the Bank submitted that besides
compromise amount, Bank is entitled to recover litigation cost,
which amounts to Rs. 39,127/-, and also interest for belated
payment from 01/04/2007 @ 12.75% till date of payment. Since
petitioner has applied for extension of time, Bank is entitled to
interest for belated payment. However, petitioner is granted further
one month time from today to make payment with interest and
settle liability.
Review petition and contempt petition are disposed of as
above.
Issue photocopy today itself.
(C.N.RAMACHANDRAN NAIR, JUDGE)
jg