NITRO HOME ESSENTIALS INDIA PRIVATE LTD., v. BANK OF BARODA,
Court: High Court of Kerala
Bench: HONOURABLE MR. JUSTICE GOPINATH P.
Judgment date:
Case summary
High Court of Kerala judgment dated 2025-04-10. NITRO HOME ESSENTIALS INDIA PRIVATE LTD., v. BANK OF BARODA,. Read the judgment and case details on LawSphereX.
Judgment text
2025:KER:31434 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE GOPINATH P. TH THURSDAY, THE 10 DAY OF APRIL 2025 / 20TH CHAITHRA, 1947 OP (DRT) NO. 115 OF 2025 SA NO. 168 OF 2020 OF DEBT RECOVERY TRIBUNAL- 2, ERNAKULAM PETITIONERS/APPLICANTS 1 TO 4 IN SA: 1 NITRO HOME ESSENTIALS INDIA PRIVATE LTD. , REPRESENTED BY ITS MANAGING DIRECTOR, DOOR NO. 769, PULIMOTTIL BUILDING, MANANCHERRY P. O. , KALAVOOR, ALAPPUZHA DISTRICT, PIN - 688538 2 MANU MOHAN G. ,AGED 33 YEARS, MANAGING DIRECTOR, NITRO HOME ESSENTIALS INDIA PRIVATE LTD. , S/O. GOPALAKRISHNA PILLA, PULIMOTTIL BUILDING, MANANCHERRY P. O. , KALAVOOR, ALAPPUZHA DISTRICT, PIN - 688538 3 P. RAJALEKSHMI, AGED 57 YEARS W/O GOPALAKRISHNA PILLA, PULIMOTTIL BUILDING, MANANCHERRY P. O,KALAVOOR, ALAPPUZHA DISTRICT, PIN - 688538 4 GOPALAKRISHNA PILLAI, AGED 62 YEARS S/O. BHASKARA PANICKER, PULIMOTTIL BUILDING, MANANCHERRY P. O. , KALAVOOR, ALAPPUZHA DISTRICT, PIN - 688538 BY ADVS. K. SANEESH KUMAR V. B.
SANTHINI 2025:KER:31434 RESPONDENTS/DEFENDANTS 1 TO 4 IN SA: 1 BANK OF BARODA,REPRESENTED BY ITS AUTHORISED OFFICER, ROSARB, PALLIMUKKU, M. G. ROAD, ERNAKULAM DISTRICT, PIN - 680216 2 BANK OF BARODA, REPRESENTED BY ITS CHIEF MANAGER, ALAPPUZHA BRANCH, J & J AVENUE, MULLACKAL, VCSB ROAD, NEAR YMCA, ALAPPUZHA DISTRICT, PIN - 688011 3 ABDUL KHADER. M, S/O MUHAMMED KUNJU, SPRING VILLA, MANNANCHERY P. O,ALAPPUZHA DISTRICT, PIN - 688538 4 MUHAMMED ASHARF, PARTNER, RAJ TRADERS, S/O. MUHAMMED SHERIEF, VADAKKETHIYASSERY HOUSE, MANNANCHERY P. O. , ALAPPUZHA DISTRICT, PIN - 688538 SRI. K. M. ANEESH, SC THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION ON 10. 04. 2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: 2025:KER:31434 JUDGMENT This Original Petition has been filed seeking the following reliefs:- ‘’(a). (a). Issue Order directing the DRT-2, Ernakulam to hear and dispose of Exhibit Pl in a time bound manner; (b).
Issue such other Order or Direction to DRT-2, Ernakulam, to maintain status quo in respect of the properties or not to demolish the residential buildings which are impugned in the Exhibit P1 till a final adjudication is made in Exhibit P1 Securitization Application’ 2. A report dated 01. 04. 2025 has been placed by the Debts Recovery Tribunal-2, Ernakulam stating that S. A. No. 168 of 2020 will be finally disposed of within a period of two months from 04. 04. 2025. Taking the above report into consideration, the Original Petition is disposed of, directing that S. A. No. 168 of 2020 shall be finally disposed of within a period of six weeks from 04. 04. 2025. Sd/- GOPINATH P. JUDGE ajt 2025:KER:31434 APPENDIX OF OP (DRT) 115/2025 PETITIONER EXHIBITS Exhibit P1 A TRUE COPY OF THE S. A. 168/2020 FILED ON 17/03/2020 BY THE PETITIONERS BEFORE THE DRT- 2, ERNAKULAM ALONG WITH THE ANNEXURES
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