IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE T.R.RAMACHANDRAN NAIR TUESDAY, THE 14TH DECEMBER 2010 / 23RD AGRAHAYANA 1932 WP(C).No. 3411 of 2008(F) ------------------------- PETITIONER(S): --------------- AYSHAKUTTY ,W/O.K.C.MOHAMMED KARINGATTIL HOUSE, POONATHU P.O., NADUVANNOORE, KOZHIKODE DISTRICT. BY ADV. SRI.JOHN JOSEPH(ROY) RESPONDENT(S): --------------- 1. SYNDICATE BANK REPRESENTED BY ITS CHIEF GENERAL MANAGER AND AUTHORISED OFFICER REGIONAL OFFICE, PIONEER TOWERS, SHANMUGHAM ROAD, ERNAKULAM KOCHI-31. 2. THE BRANCH MANAGER SYNDICATE BANK BALUSSERY BRANCH KOZHIKODE DISTRICT. ADV. SRI.R.S.KALKURA FOR R1,2 THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 14/12/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: WP(C).No. 3411 of 2008 A P P E N D I X PETITIONER'S EXTS: EXT.P1 TRUE COPY OF LETTER DATED 26.6.06 ISSUED BY THE FIRST RESPONDENT. EXT.P2 TRUE COPY OF THE REPLY ISSUED TO THE 1ST RESPONDENT DATED 01/08/2006 EXT.P3 TRUE COPY OF THE CERTIFICATE DATED 18/01/2008 OF THE AGRICULTURAL OFFICER, KRISHI BHAVAN, KOTTOOR. RESPONDENTS' EXTS: EXT.R1(a) TRUE COPY OF ACKNOWLEDGEMENT EVIDENCING RECEIPT OF THE NOTICE DATED 16/08/2005 BY THE BORROWER. EXT.R1(b) TRUE COPY OF THE ACKNOWLEDGEMENT EVIDENCING RECEIPT OF THE NOTICE DATED 16/08/2005 BY THE GUARANTOR. EXT.R1(c) TRUE COPY OF THE SECTION 13(2)NOTICE DATED 31/01/2008 APPEARED IN INDIAN EXPRESS DAILY DATED 13/02/2008 EXT.R1(d) TRUE COPY OF THE SECTION 13(2) NOTICE DATED 09/02/2008 APPEARED IN MALAYALA MANORAMA DAILY DATED 13/02/2008 EXT.R1(e) TRUE COPY OF THE MAHAZAR PREPARED BY THE VILLAGE OFFICER, AVIDANALLUR DATED 06/02/2008 EXT.R1(f) TRUE COPY OF THE LETTER OF EQUITABLE MORTGAGE DATED 05/09/2002 EXT.R1(g) TRUE COPY OF THE VALUATION REPORT DATED 18/02/2005 \\TRUE COPY// P.A TO JUDGE T.R. RAMACHANDRAN NAIR, J. ~~~~~~~~~~~~~~~~~~~~~~~~~~~ W.P.(C). No.3411/2008-F ~~~~~~~~~~~~~~~~~~~~~~~~~~~ Dated this the 14th day of December, 2010 J U D G M E N T The petitioner approached this Court challenging the action initiated by the Bank as per Ext.P1 notice dated 26/06/2006. The same was initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 2. The learned Standing Counsel for the Bank submitted that the petitioner was subsequently granted the benefit of One Time Settlement and the account has been closed. Therefore, nothing further remains to be adjudicated in the writ petition. Therefore, the writ petition is accordingly disposed of recording that the accounts have been closed. No costs. Sd/- (T.R. Ramachandran Nair, Judge.) ms