IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 30TH JANUARY 2009 / 10TH MAGHA 1930 WP(C).No. 1114 of 2009(G) ------------------------- CMP.11466/2008 of CHIEF JUDL.MAGISTRATE, ERNAKULAM .................... PETITIONER(S): ------------------------- SHRI. LALAN,S.V.AGED 43 YEARS, S/O.SIVARAMAN, SASTHAMPARAMBIL (H), PONNARIMANGALAM, MULAVUKADU, KOCHI. BY ADV. MR.VARGHESE C.KURIAKOSE RESPONDENT(S): --------------------------- 1. UNION OF INDIA, REP. BY SECRETARY, MINISTRY OF BANKING AFFAIRS, NEW DELHI. 2. STATE BANK OF TRAVANCORE, BROADWAY BRANCH, ERNAKULAM, REP.BY ITS BRANCH MANAGER. 3. THE AUTHORISED OFFICER, STATE BANK OF TRAVANCORE, BROADWAY BRANCH, ERNAKULAM. R1 BY ADV. MR.P.PARAMESWARAN NAIR,ASST.SOLICITOR GENERAL R2 & R3 BY ADV. MR.SATHISH NINAN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 30/01/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Kss THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = W.P.(C).No.1114 of 2009-G = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 30th day of January, 2009. JUDGMENT This writ petition is filed seeking interference with an order of stay passed by the DRT in a securitisation application under Section 17 of the SARFAESI Act. Since it was found that there was no ground to interfere, the petitioner had sought time to make the payment. In spite of repeated adjournments even as of now, the instalments have not been paid in terms of the order of the DRT. As of now, the DRT is manned by a presiding officer on regular basis. Even if the petitioner needs extension of time, it is not necessary for this Court to interfere. The writ petition hence dismissed. THOTTATHIL B. RADHAKRISHNAN, Sha/ JUDGE.