2025:KER:26686 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE GOPINATH P. THURSDAY, THE 27TH DAY OF MARCH 2025 / 6TH CHAITHRA, 1947 WP(C) NO. 8394 OF 2020 PETITIONER: BIMALKRISHNAN.K, AGED 46 YEARS, PROPRIETOR, M/S. BIMAL CASHEW COMPANY, KARIMPALLOOR P. O., SOUTH PARAVOOR, KOLLAM - 691 335. BY ADVS. B.J.JOHN PRAKASH C.N.MIDHUN P.PRAMEL RESPONDENTS: 1 UNION OF INDIA REPRESENTED BY ITS SECRETARY, FINANCE DEPARTMENT, GOVERNMENT OF INDIA, SOUTH BLOCK, NEW DELHI - 110 011. 2 THE STATE OF KERALA REPRESENTED BY THE PRINCIPAL SECRETARY, FISHERIES, PORTS, ENVIRONMENT AND INDUSTRIES (COIR AND CASHEW), MAIN BLOCK, GOVERNMENT SECRETARIAT, THIRUVANANTHAPURAM - 695001. 3 SOUTH INDIAN BANK LTD. REPRESENTED BY MANAGER, KOLLAM BRANCH, BISHOP JEROME NAGAR, KOLLAM - 691 001. 4 STATE LEVEL BANKER'S COMMITTEE (SLBC) REPRESENTED BY DEPUTY GENERAL MANAGER, SLBC, KERALA, SLBC CELL, CANARA BANK, CIRCLE OFFICE, CANARA BANK BUILDING, M. G. ROAD, TRIVANDRUM - 695 001. WP(C) NO. 8394 OF 2020 2 2025:KER:26686 5 MINISTRY OF MSME GOVERNMENT OF INDIA, REPRESENTED BY THE DEPUTY DIRECTOR, MSME DEVELOPMENT INSTITUTE, KANJANI ROAD, AYYANTHOLE P. O., THRISSUR - 680 003. 6 THE RESERVE BANK OF INDIA, REPRESENTED BY THE DEPUTY GENERAL MANAGER, RBI, BAKERY JUNCTION, NANDAVANAM, VAZHUTHACAUD, , THIRUVANANTHAPURAM, KERALA - 695033. 7 ADDL.R7 ASSET RECONSTRUCTION CO. INDIA LTD, 1 G 1ST FLOOR CENTURY PLAZA NO. 560OF 562, ANNA SALAI TEYNAMPET CHENNAI - 600 018. ADDL.R7 IS IMPLEADED AS PER ORDER DATED 27.03.2025 I.A.NO.1/2024 BY ADVS. SUNIL SHANKER B.S.SURESH KUMAR RANJANA V. ANUSREE C.S. ASHLEY JOHN SRI.APPU P S, GP SRI.T.C.KRISHNA SCGC THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD 27.03.2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: WP(C) NO. 8394 OF 2020 3 2025:KER:26686 JUDGMENT The learned counsel appearing for the petitioner submits that he has relinquished vakalath for the petitioner. 2. The learned counsel appearing for the additional 7th respondent submits that more than Rs.12 crores is due from the petitioner. It is submitted that the petitioner is enjoying a status quo order from 17.03.2020. 3. When this matter is called out for consideration today, there is no representation for the petitioner. The writ petition is therefore dismissed for default. Sd/- GOPINATH P. JUDGE DK WP(C) NO. 8394 OF 2020 4 2025:KER:26686 APPENDIX OF WP(C) 8394/2020 PETITIONER EXHIBITS EXHIBIT P1 TRUE COPY OF THE CERTIFICATE OF REGISTRATION DATED 23.06.2018. EXHIBIT P2 TRUE COPY OF THE PROPOSAL ALONG WITH THE COVERING LETTER DATED 12.12.2018. EXHIBIT P3 (a) TRUE COPY OF THE G.O.(RT) NO.1279/2018/ID DATED 14.11.2018. EXHIBIT P3 (b) TRUE COPY OF THE REPORT DATED 17.05.2019 OF THE COMMITTEE. EXHIBIT P4 TRUE COPY OF THE NOTICE DATED 17.02.2020 ISSUED BY THE ADVOCATE COMMISSIONER. EXHIBIT P5 TRUE COPY OF THE PROPOSAL ALONG WITH THE COVERING LETTER DATED 02.03.2020. EXHIBIT P6 TRUE COPY OF THE ORDER DATED 06.07.2019. EXHIBIT P7 TRUE COPY OF THE RELEVANT PAGES OF THE BUDGET 2019-2020. EXHIBIT P8 TRUE COPY OF THE RELEVANT PAGES OF THE BUDGET 2019-2020. EXHIBIT P9 TRUE COPY OF THE MASTER CIRCULAR DATED 17.03.2016. RESPONDENT EXHIBITS EXHIBIT R3(a): TRUE COPY OF THE LETTER OF THE COMMITTEE EXHIBIT R3(b): TRUE COPY OF THE LETTER OF THE 3RD RESPONDENT EXHIBIT R3(c): TRUE COPY OF THE RECOMMENDATION OF THE COMMITTEE OF ITS MEETING