{"id":253853,"date":"2008-03-12T00:00:00","date_gmt":"2008-03-11T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/ms-savik-vijai-engineering-pvt-vs-the-recovery-officer-on-12-march-2008"},"modified":"2017-02-25T16:44:11","modified_gmt":"2017-02-25T11:14:11","slug":"ms-savik-vijai-engineering-pvt-vs-the-recovery-officer-on-12-march-2008","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/ms-savik-vijai-engineering-pvt-vs-the-recovery-officer-on-12-march-2008","title":{"rendered":"M\/S Savik Vijai Engineering Pvt … vs The Recovery Officer on 12 March, 2008"},"content":{"rendered":"
Karnataka High Court<\/div>\n
M\/S Savik Vijai Engineering Pvt … vs The Recovery Officer on 12 March, 2008<\/div>\n
Author: Cyriac Joseph B.V.Nagarathna<\/div>\n
 \n\n- 1 _\n\nIN THE HIGH couaw or KARNATAKA AT BANGALORE *_\n\nDATED THIS THE 12\" may or MARCH 2Qgsf;g Q \u00bb.\u00a7\n\nTHE H N'BLE Mrs.*UsTIiE E v NSGRRETHNEMW\n\nWRIT PETITION yo.18625k2dG7 jGM DRT} \n\nBETWEEN\n\n..gia..-.----._..\n\nM\/S SAVIK*VI\ufb023I--\u00b0: M _ .,1;V V\nAENGINEERING*PRIVATEjLIMI$ED,we\n\nNEW ADDRESS-NQ.133p I FLOOR}\n.:sr:s'-'\"iV'1f:%:1;t:\u00bbg\u00a7;:,  \" \nBANASHANKARI II STAGE .'\nBAN\u00a2\"0RE*56Of@7GV'%,\"\n\nRmexsmgkan oEE:cE_R$\"*\nN\ufb01.29G{41f3}, I7F$GQR\n\"s:NMATH1.NILAyA\"\n\nlif\ufb01 \u00a2noss,\"wrLsom GARa\"N\n\n\u00ab BANG\ufb01LORE~56O 027\n. \u00bbV=R\u00a7pREaENIEn BY ITS\n'_\" MANAGING DIEECTOR' ,\n. B GOPALAKRISHNAN ... PETITIONER\n\n  (By Sri s NAGARAJU, Anv.,)\n\n \n\n \n\n\n\nn\nto\nI\n\nKRISHI BHHVAN, HUES'N CI'CLE\nNRUPATHUNGA ROAD\nBANGALORE-1\n\n2 THE REGISTRAR Vmh\u00bb :\nDEBI RECOVER! APPELLATE TRIBUNAL\u00abtE\nETHIRAJU SALAI at :~Es\nCHENNAI V\n\nPUNJAB NATIGRAL BANK\n\nREPRESENTED BY ITS MANA EA:\nNo.34, K.G.A0AB \u00bb. ,\u00bbW--f= *, ~..\":\nBANGALORE-560 oo9_f; \u00a7 _E*,,,*REsPoNDENTs<\/pre>\n
(4.)<\/p>\n
THIS WRIT PETITION Cqmi\ufb01\u00e9 up Egg ADMISSION THIS
\nDAY, THE couar DELIVERED THE FOLLOWING:<\/p>\n
CYRIAC JOSEPH \u00a2}J,fOraif<, .'<\/p>\n
(1) Even thuugh the petitioner has time. energy
\n:j"and .\ufb01eney: to file .unnecessary and frivolous cases
\nisepe\u00e9tedly; he appears to be determined not to pay the<\/p>\n
amdu\ufb01ts idgg; \ufb01bi the third respondent-Bank. Otherwise<\/p>\n
it' 'therei ie_ he justification for filing this writ<\/p>\n
 "ipetitio\ufb01f<\/p>\n
I
\n'F'
\nI<\/p>\n
(2; The earlier writ Petitien ue.1429e\/zooj filed<\/p>\n
by" the petitione:= was disposed. of .ey 'this "Geurt:,dn<\/p>\n
3.1o;2oo7 with the fbllowing dieeetieeezeeeeeerej.<\/p>\n
\u00ab{1} The undertaking giyen dndbehal idf the "<\/p>\n
f
\npetitioner to depceit  '"r-curd";  E-sL_"8';8<\/p>\n
lekhe within six weeks _frdm "today? is<\/p>\n
recorded.\n<\/p>\n
(2) In viak pf ihee\ufb01beiedupderfaking, the
\nAppellate ,Trieuna; Wis ‘directed to defer-<\/p>\n
; V 161<\/p>\n
consideretieg df’RIA@53f2OQ’ ror a period of<\/p>\n
{3} If the \ufb01eei\ufb01ieder deposits with the bank<\/p>\n
tie ,saiaa.eum’ er vRs.8.8 -lakhe within six<\/p>\n
‘eeeka from \ufb01dday and if the Recovery Officer
\nd”dep9eite with the bank the sale proceeds of
\n“Reei\u20ac}2 fiakhs, it snail be treated as
\niaeuffieiene compliance with Section-21 of the
\nAct end the Appeal.R.A.53l2006 filed.by the
\n=petitioner shall be entertained by the\n<\/p>\n
–H\u00aepellate Tribunal.\n<\/p>\n
(3#E5,_.\u00bb<\/p>\n
– 4 _<\/p>\n
(4) If the gotitioner \u00a3211: to aqpo-1tr;h\u00a7H_
\nsum of Rs.B.B lakhs with the bank
\nanon: .\u00a3ro| today, it. Ihal1.ibo .a…;a aeea\u00a3*”
\nthe petitioner ha: not
\nreq’eiru*-c-rant of seat.’-.-aezlji  ‘1<\/p>\n
reagent of RuA.53\/2006.’ L<\/p>\n
(5) The prayer for merging-..:th.e snit.i_:f’il\u00abed by
\nthe petitioner ingthe  with” 0.11.
\nfiled in DRT is m’ii.<zoAonc.ei:irerj: =__devoid of
\nmerit and her'.o_e the rejected.\n<\/p>\n
1r:\\ mi…’ .:..;.”..’.V……..’;-..I.  ::1\\V;;….’;L……….-._
\n[O] 4.11:; . Lxxiyugliuu ‘U1, t:.L  \\n5?g11czAuLU'”<\/p>\n
Debt’ ” Reeo\ufb01yer\ufb01iifiij i-‘spg5eJ.”1ate”  Tribunal will stand<\/p>\n
modified to rh\u00a7=abo\u00a7e extent.”\n<\/p>\n
1′ 7| \\  ” -3.’-\\4\\v’y. A rigs’-an-3 Q ‘1 n On”? Luna In-macaw;
\n‘II’! AIIG.’  ‘-J-L  Kdclh-whl. ‘J O ml-\\l I ‘CW 7 V”.-‘NJ kl’-‘I-III-7%’-C<\/p>\n
‘ m_<\/p>\n
_.’oy thi Cour V-one oasis of the undert-axing’ given on<\/p>\n
F1!’
\n0′ ..\n<\/p>\n
‘J ‘<\/p>\n
A’b_ehalf_  petitioner to deposit the amount of<\/p>\n
 1:{i.’thin six weeks from the date of the<\/p>\n
Vivorder\ufb01 Theieeiid undertaking was given by the learned<\/p>\n
“”:I”,4″‘Co’i2:1eel’for’ the petitioner after taking instructions<\/p>\n
 petitioner who was personally present in<\/p>\n
 In paragraph 5 of the order dated. 3.10.2007,<\/p>\n
E\n<\/p>\n
–=ut<\/p>\n
this Court had recorded that the learned Counsel for.<\/p>\n
the petitioner after taking instructionat :\u00a7on*ntnea’<\/p>\n
petitioner who was present in Co_13rt.__subm.it-Vteri;   <\/p>\n
petitioner was willing to deposit in i\u00e9un” bf iR3;\u20ac\u00e98<\/p>\n
lakhs within six weeks from. tnee” deyf a\u00a7W e ipreef<\/p>\n
condition for entertaining khia._apneali before the<\/p>\n
Appellate Tribunal. The Court ai\ufb01g recorded that even”<\/p>\n
though the petitioner hao not ke\u00a7t”hio word on many<\/p>\n
occasions in the past;,thejCourtiwaa inclined to give<\/p>\n
it’ to the”pmtitionex in the<\/p>\n
..~.. u .4, up<\/p>\n
An: mnr-an nnnhv-f’r.h’
\n‘JOCK 4I|’|If4t’l’ ‘|Fr”\\-‘HQ GDTVQIJ.<\/p>\n
C)
\nH!<\/p>\n
justioe:”It1is\u00a7\ufb01nder’such circumstances that the
\nCourt direoted’.tnat’ if_ the petitioner failed to
\ndeposit the sum of_Rs.\u20ac;E lakhs with the Bank within<\/p>\n
Zeeig. weekejlfromi the hhhhh .date of the order. it shall be<\/p>\n
Vd9ened_that\ufb01the_petitioner has not complied with the.<\/p>\n
reouirament of Section*21 of the Recovery of Debts due<\/p>\n
Vto Bankai and Financial Institutions Act; 1993.<\/p>\n
~\ufb02inHoQeve:. after obtaining the order dated 3.10.2007 in<\/p>\n
iWePgNo;l4296\/2007, what the petitioner did was to file<\/p>\n
itwa–Special Leave Petition in the Supreme Court against<\/p>\n
_,…-:=–.*<\/p>\n
_ 6 –\n<\/p>\n
the order. According to the learned Counsel for the<\/p>\n
petitioner, the said SLP has not been ,edmittedr.and<\/p>\n
that it is still pending in the Wsu\u00a7rem\u00e9”dc\u00a2g;\u00a3;#<\/p>\n
Simultaneously, the petitioner ‘filed an “e\u00a7plicetio\ufb01_d<\/p>\n
(I.A.No.1339\/2007) in R.A.53\/Ego: “Quiet “wasn\ufb02eending A<\/p>\n
before. the Debts Reoove:yhzAnpeileteAVEfibLnel. The<\/p>\n
after waiving vthe :pre~depgg;td7c\u00a7\ufb01ditions. However,
\nafter the \ufb01p\ufb01eliete.irihnna$dpeeeed–Annexure ‘D’–order
\ndated 21.1it2\u00e9d?hdiemieein\u00a7iR;Ag53\/2006 on the ground
\nof nonfoon\ufb01lience of the_denosit under Section 21 of
\nthe Act endin,tef\ufb01e*ofwthe order of the High Court.
\nHowever, insteado of dteferring to the order dated
\n“‘3,1o;\u00a7oQi in w\u00a7\u00a7;No;14296\/2007, the Appellate Tribunal
\ndtheed\ufb01rong}f”teferred to an order dated 21.12.2006 in<\/p>\n
W.?.Nb}183\u00a7?\/2006. It is obviously an inadvertent<\/p>\n
V7,.’\ufb01misteke;7:.Aggrieved by Annexure .’D’-order, the<\/p>\n
ddtfpetitio\ufb01\u00e9r has filed this writ petition,<\/p>\n
ah amount of Rs.8.8 lakhs within six'”weeke”V..fro1n.l_ <\/p>\n
date o-f”t’he said order to 3ai:AisfyLthe’-Zrequiretnezgtt  I<\/p>\n
Section 21 of the Act _and,i’i_f the_”petitionve:r_zfailedjito<\/p>\n
deposit the said amount  the tinie lgstipulated,<\/p>\n
the Appellate Tribunal..’_ P1-led\u00e9\u00e9d with the<\/p>\n
case on the basis that.”Vt’he’; in R._A.53\/2006′<\/p>\n
did not comply\ufb02fith  I of Section 21 of
\nthe Act.  R.A.53\/2006 did not
\ncomply  Section 21 of the Act,
\nthe natural  eras bound to follow. The
\nnatural c\u00ab:o:;_:eeq_uen_oeV.:  diemieeal of the appeal on
\n“yVAhne#urefft’aorderWie not vitiated by an” illegality<\/p>\n
(5).V__d:’ Learned Counsel for the petitioner submitted<\/p>\n
   Section 21, the Appellate Tribunal has<\/p>\n
 –..\ufb01povi\u00a2;\u00b0er to waive or reduce the amount to’ be deposited-<\/p>\n
application (:.A.No.1339\/2oo7)_mbut,_\u00ab~’tt\u00bbiti:j~_upeaatapp jot<\/p>\n
considered by the Appellate Trl\u00a7,:bunalzL  pith’<\/p>\n
is not clear whether I.A.ri’o4_f1339,\/_;\u00e9C07 t.::a’u’s_: the
\nAppellate Tribunal’ on   ‘D’-\n<\/p>\n
order was passed.  cop\u00a7”:_’\u00e9’ produced
\nbefore this Court does not However:
\nit is seen  the  I application was
\nreceived by”  the respondent on
\n \ufb01’1″here”:V is no material before
\nthe Conrt ‘ “lconclusion that the said
\nap1olic:.atioii.__’  Appellate Tribunal on
\n_.V2l.11._%:2′{)07 wheat Aanexure ‘D’–order was passed.<\/p>\n
the ‘\ufb01ppelie.t’eVAV.’:;Tribuna1, the Appellate Tribunal was not<\/p>\n
 bounda.to,__”\u00a2on:sider the said application, in View of the<\/p>\n
1′ proceedings and orders in the ease.<\/p>\n
it i\ufb01halleinging the earlier order of the Appellate”<\/p>\n
V..Vd”–‘tribunal directing the petitioner to deposit Rs.76.3O<\/p>\n
I…J<\/p>\n
akhe to satisfy the requirtment ef Seetion”‘2_1″–\u00ab.o’:’;” the<\/p>\n
21:’?\n<\/p>\n
ct, ‘cue petitiener had filed W.P,_E\u20ace.iii’21’9\u00ab6i}?–OG’7.<\/p>\n
Taking the view that the saidm>dii*e.e’tioh’jqte v”:1epQe’1.L “*..<\/p>\n
R-5.76.30 lakhs was too h.areh,3 ~:<\/p>\n
considering the undertak,ia’ng__ giVva_h” on % <\/p>\n
petitioner that he was  tet’-depdjeitg a suit: ef<\/p>\n
R_s.8.8 lakha within   Coutt “disposed of
\nw.p.No.14296\/2007 oh  ‘.3f.’_’i\u00a3;):.2tlf)”};-‘.I’V_~i__’.’–~d’irecting the
\npetitioner tq.vde\u00a3gc:sit\u00a7_” at lakhs_withir_1 six
\nweeks as a:’ the appeal
\nfiled be’fo:.e:”the*;.;Appeiiate””‘Tribunal. When this Ceext
\ndirecteti  shall depeeit a  -__of<\/p>\n
Rs.8.8 iakhei as ‘ e ‘.pre-gconditien for -enterta-ining the<\/p>\n
– .r.i .di.rAe–::tien was issued by this-Court in View of<\/p>\n
the given by the petitienar. the<\/p>\n
it  peti’t~ion_er isiae not entitled to file any ap.plication<\/p>\n
 jwaivetr of the deposit-under Section .21 of” the. Act”.<\/p>\n
  iHer1\u00bbc,e;1_–‘_ any emission on the part of i the Appellate<\/p>\n
V.”i-~~.\ufb01”I’ri?bunal to pass an order on” Annexure ‘C’-application<\/p>\n
cannot vitiate .Annexure ‘D’– order of the S\ufb01pallate<\/p>\n
Tribunal dismissing the appeal on the grcaha hf non-<\/p>\n
compliance with Section 21 of the Act jj\ufb01.-.ii’e’% ao\u00a7\u00a7c_1\u00e9r.,_<\/p>\n
passed by this Court.\n<\/p>\n
‘1
\n:E” V 7
\n(D<\/p>\n
(6) In View of the ‘\u00a2o}1apctA”cf
\nare satisfied that ithis :wrtt,’patitibn-“15\u00a7 not only
\nfrivolous but also an tabas\u00e9f dfQftha_ process of t
\ncurt. Hence. sthe :writ::\u00a7\u20actiti5nhTia’ liable to be<\/p>\n
dismissed with c1t<5\u00e9tf_:s..\n<\/p>\n
  Wtiiaa  _1-‘jatition is dismissed with
\ncosts of>Bs,10,QO\ufb01f;”t\u00a7Nbe paid by the petitioner to<\/p>\n
the High \ufb01burt _Legalt Services Committee within one<\/p>\n
 ‘.mQnt,h:.:”:fr’Q\ufb01l Way;  aaaaa 14 t<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court M\/S Savik Vijai Engineering Pvt … vs The Recovery Officer on 12 March, 2008 Author: Cyriac Joseph B.V.Nagarathna – 1 _ IN THE HIGH couaw or KARNATAKA AT BANGALORE *_ DATED THIS THE 12″ may or MARCH 2Qgsf;g Q \u00bb.\u00a7 THE H N’BLE Mrs.*UsTIiE E v NSGRRETHNEMW WRIT PETITION yo.18625k2dG7 jGM DRT} […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-253853","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nM\/S Savik Vijai Engineering Pvt ... vs The Recovery Officer on 12 March, 2008 - Free Judgements of Supreme Court & High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/ms-savik-vijai-engineering-pvt-vs-the-recovery-officer-on-12-march-2008\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"M\/S Savik Vijai Engineering Pvt ... vs The Recovery Officer on 12 March, 2008 - 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