IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM MONDAY, THE 9TH NOVEMBER 2009 / 18TH KARTHIKA 1931 WP(C).No. 31465 of 2009(C) -------------------------- PETITIONER(S): --------------- SALIM.V.M. S/O. MAKKER.V.M. VLLIYAPARAMBIL HOUSE, MADAVOOR.P.O. MOOVATTUPUZHA. BY ADV. SRI.T.B.SHAJIMON SMT.GOVINDU P.RENUKADEVI RESPONDENT(S): --------------- THE FEDERAL BANK LTD. MOOVATTUPUZHA REPRESENTED BY ITS MANAGER, MUVATTUPUZHA. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 09/11/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.K.ABDUL REHIM, J. ------------------------------ W.P.(C).No.31465 OF 2009 ------------------------------ Dated this the 9th day of November, 2009 J U D G M E N T ---------------------- 1. Ext.P1 is only a notice issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). The petitioner has been provided with opportunity to file objections against the proceedings. Therefore the petitioner can raise all objections including dispute regarding correctness of the amount demanded. Needless to say that the objection if any is filed, the Bank has to consider such objections and shall furnish a reply to such objections, as provided under the statute. The petitioner has got effective alternate remedy by way of appeal against further actions if any, as provided under Section 17(1) of the Act. Therefore the writ petition is highly premature, and the same is accordingly dismissed. C.K.ABDUL REHIM, JUDGE. okb