2025 (5) TMI 926

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..... lant : Advs. K.C. Santhoshkumar, K. K. Chandralekha For the Respondent :  Mohan Jacob George, P.V. Parvathy (P-41)(K/000036/1991), Reena Thomas (R-364), Nigi George(K/1169/2012) and Ananthu V. Lal (K/001233/2022) JUDGMENT Petitioners are the partners of a firm operating under the name and style 'M/s.Teeyem Sand and Bricks', Kolayad, Vayannoor PO, Kannur district. The petitioners had availe .....

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..... is statutory remedies. 2. It appears that, the petitioners thereafter approached this Court by filing the present writ petition, projecting a complaint that, despite the directions contained in Exhibit P1 judgment of this Court, the respondent bank had not considered the proposal for One Time Settlement. The petitioners also sought a direction to the respondent to renew certain overdraft faciliti .....

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..... this Court that, at the time of disposal of W.P.(C) No. 16305 of 2023, there was a proposal for One Time Settlement pending before the bank, factually there was no such proposal pending before the bank and the first proposal for One Time Settlement was submitted only on 25.11.2024. 4. Having heard the learned counsel appearing for the petitioners and the learned counsel appearing for the responde .....

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..... . 5. The other relief sought for by the petitioners is for a direction to the bank to renew the overdraft facilities mentioned in prayer No.(ii). Learned counsel appearing for the petitioners states that the overdraft facilities mentioned in prayer No.(ii) of the writ petition have already been renewed. 6. The third relief sought for by the petitioners is to quash Exhibit P6 notice issued by the .....

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..... this writ petition has been pending before this Court from 19.01.2024 till today (02.04.2025), it is directed that, if the petitioners wish to avail any statutory remedies, the period from 19.01.2024 till today (02.04.2024) shall be excluded for the purposes of determining any period of limitation within which the petitioners had to avail statutory remedies.
Case laws, Decisions, Judgements, O .....

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