IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 23RD JANUARY 2009 / 3RD MAGHA 1930 WP(C).No. 1244 of 2009(W) ------------------------- SA.8/2009 of DEBT RECOVERY TRIBUNAL, ERNAKULAM .................... PETITIONER(S): --------------- 1. SURESH KUMAR P.K., NADUPPUDAVUMIYAL PURAYIDATHIL (KULATHOOR VEEDU), THOTTUMUGHOM P.O., ALUVA 683 105. 2. SWAPANA M.R., W/O. SURESH KUMAR P.K., NADUPPUDAVUMIYAL PURAYIDATHIL (KULATHOOR VEEDU), THOTTUMUGHOM P.O., ALUVA 683 105. 3. PADMAVATHY AMMA, D/O. BHARGHAVI AMMA, NADUPPUDAVUMIYAL PURAYIDATHIL (KULATHOOR VEEDU), THOTTUMUGHOM P.O., ALUVA 683 105. BY ADV. SRI.V.RAJENDRAN (PERUMBAVOOR) RESPONDENT(S): --------------- 1. STATE BANK OF TRAVANCORE, REGION -II, ZONAL OFFICE, PANAMPILLY NAGAR, KOCHI -36, REP. BY ITS CHIEF MANAGER (ADVANCES), & AUTHORISED OFFICER SRI. MURALI. 2. DEBT RECOVERY TRIBUNAL, KERALA & LAKSHADWEEP HOUSING BOARD BUILDING 5TH FLOOR, PANAMPILLY NAGAR, REP. BY ITS REGISTRAR. R1 BY ADV.SRI.K.S.DILIP, S.C. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 23/01/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.1244 OF 2009 ------------------------------------------- Dated this the 23rd day of January, 2009 JUDGMENT Following deliberations of different rounds, it is submitted by the learned counsel for the bank that if an amount of Rs.1,50,000/- and securitisation expenses are deposited, the loan transaction can be regularised. The petitioners, through counsel, give up all other contentions and concede to this proposal. Hence, if the amount as aforesaid is deposited by 15.2.2009, the account will be regularised as stated above. On regularisation, the petitioner will be put back in possession. The writ petition is ordered accordingly, leaving open all other contentions. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge. kkb.