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THE INDIAN BANK, REPRESENTED BY ITS versus M/S.HANSA TRAVELS PRIVATE LIMITED

High Court of Kerala

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THE INDIAN BANK, REPRESENTED BY ITS v. M/S.HANSA TRAVELS PRIVATE LIMITED - WA No. 166 of 2007 [2007] RD-KL 3662 (19 February 2007)

IN THE HIGH COURT OF KERALA AT ERNAKULAM

WA No. 166 of 2007()

1. THE INDIAN BANK, REPRESENTED BY ITS
... Petitioner

2. THE SENIOR MANAGER, INDIAN BANK,

Vs

1. M/S.HANSA TRAVELS PRIVATE LIMITED,
... Respondent

For Petitioner :SRI.S.EASWARAN

For Respondent : No Appearance

The Hon'ble the Acting Chief Justice MR.K.S.RADHAKRISHNAN The Hon'ble MR. Justice M.N.KRISHNAN

Dated :19/02/2007

O R D E R

K.S.RADHAKRISHNAN, Ag.C.J. &

M.N.KRISHNAN, J.

W.A.No. 166 of 2007

Dated, this the 19th day of February, 2007



JUDGMENT

Radhakrishnan, Ag.C.J. Heard learned counsel on either side.

2. Learned counsel for the Bank has handed over a letter dated 9.2.2007 issued by the Bank by which the OTS benefit was extended to the respondent. The terms and conditions mentioned therein have been accepted by the respondent without prejudice to its right to file objections with regard to the demand for legal expenses incurred/to be incurred by the Bank. Learned counsel for the respondent also stated that the entire amount including the legal expenses incurred/to be incurred would be paid under protest. Needless to say, if the entire amount is paid the documents submitted by the respondent would be returned by the Bank. The Bank will take steps to get the documents released from the Debt Recovery Tribunal for returning the same to the respondent on payment of the entire amount due. Writ appeal is disposed of accordingly. Sd/- K.S.RADHAKRISHNAN, Ag.CHIEF JUSTICE. Sd/- M.N.KRISHNAN,

JUDGE.

vns /True copy/


Copyright

Reproduced in accordance with s52(q) of the Copyright Act 1957 (India) from judis.nic.in, indiacode.nic.in and other Indian High Court Websites

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