IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN TUESDAY, THE 18TH OCTOBER 2011 / 26TH ASWINA 1933 WP(C).No. 27512 of 2011(L) -------------------------- PETITIONER: ------------------ JAMEELA BEEVI, D./O,.ASMA BEEVI, PUTHEN BUNGLOW, PALAYATHODU, KOLLAM-21, NOW RESIDING AT THOLKADA HOUSE, KAYYALAKAL, ERAVIPURAM.P.O, KOLLAM-11. BY ADV. SRI.P.K.MUHAMMED RESPONDENTS: ---------------------- 1. KOLLAM DISTRICT CO-OPERATIVE BANK LTD, REPRESENTED BY THE DEPUTY GENERAL MANAGER, AUTHORIZED OFFICER, KOLLAM DISTRICT CO-OPERATIVE BANK, CHINNAKKADA, KOLLAM-1. 2. THE JOINT REGISTRAR OF CO-OPERATIVE SOCIETIES, COLLECTORATE, KOLLAM-1. R1 BY ADV. SRI. M.K. CHANDRA MOHAN DAS, SC. R2 BY GOVT. PLEADER SMT. C.K. SHERIN. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 18/10/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: AMG W.P (C) No.27512/2011 APPENDIX PETITIONER'S EXHIBITS: EXT.P1 : TRUE COPY OF THE PASS BOOK ISSUED TO THE PETITIONER BY THE 1ST RESPONDENT. EXT.P2 : TRUE COPY OF THE STATEMENT OF ACCOUNTS ISSUED BY 1ST RESPONDENT BANK TO THE PETITIONER. EXT.P3 : TRUE COPY OF THE OBJECTION TO EXT.P2 FILED BY PETITIONER BEFORE THE 2ND RESPONDENT DATED 28-09-2011. EXT.P4 : TRUE COPY OF THE RULE 8 (1) NOTICE DATED 07-10-2011 ISSUED BY 1ST RESPONDENT BANK TO THE PETITIONER. RESPONDENT'S EXHIBITS: NIL //TRUE COPY// P.A. TO JUDGE AMG S. SIRI JAGAN, J. ------------------------------------------------- W.P.(C)No. 27512 OF 2011 ------------------------------------------------- DATED THIS THE 18th DAY OF OCTOBER, 2011 J U D G M E N T Petitioner is challenging proceedings under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 initiated by the respondents for recovery of loan amounts due from the petitioner to the respondents. The petitioner only seeks a direction to the 1st respondent to consider the petitioner's claim for one time settlement. In respect thereof, the petitioner has filed Ext.P3 representation. The petitioner seeks a direction to the 1st respondent to pass orders on Ext.P3 expeditiously. I have heard the learned standing counsel for the Bank also. Having heard both sides, I dispose of the writ petition with a direction to the 1st respondent to consider Ext.P3 as expeditiously as possible at any rate within a period of one month from the date of receipt of a copy of this judgment. Till the disposal of Ext.P3, recovery steps initiated against the petitioner shall be kept in abeyance on condition that the petitioner pays Rs.5,00,000/- (Rupees Five Lakhs) within two weeks . Sd/- S. SIRI JAGAN, JUDGE. AMG True copy P.A to Judge