IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM THURSDAY, THE 31ST MARCH 2011 / 10TH CHAITHRA 1933 WP(C).No. 6563 of 2011(U) ------------------------- PETITIONER(S): --------------- K.V.MURALEEDHARAN, S/O.VELAYUDHAN, KURUMKAD HOUSE, MARUTAROAD.P.O., PALAKKAD. BY ADV. SRI.E.A.BIJUMON RESPONDENT(S): --------------- STATE BANK OF INDIA, RASMECC, ENGLISH CHURCH ROAD, PALAKKAD. PIN-678 001. BY SRI.P.V.SURENDRANATH - SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 31/03/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.K.ABDUL REHIM, J --------------------------------------- W.P(C) No.6563 of 2011-U ---------------------------------------- Dated this the 31st day of March, 2011. J U D G M E N T Considering the fact that the petitioner had failed to comply with the conditions imposed by the Debt Recovery Tribunal, as early as in February 2010, this Court was not inclined to entertain this writ petition. However, on the basis of submissions made by the petitioner that the entire amount will be paid within a short time, dispossession was stayed, subject to condition of the petitioner remitting a sum of Rs.20 lakhs within two weeks from 1.3.2011. Subsequently, on the basis of an application made by the petitioner, the time stipulated for payment was extended till 30.3.2011, making it clear that no further extension will be granted under any circumstances and on failure the writ petition will be dismissed. 2. When the matter was taken up on today, it is conceded that the amount has not been paid. The petitioner had produced copy of an agreement along with W.P(C) No.6563 of 2011-U 2 I.A.No.5851/2011, and on the basis of such agreement it is contended that the purchaser is willing to make payment of the amounts due within a short time. I am not at all impressed to grant any further indulgence in the matter, in view of the history of the proceedings, which was being pursued by the petitioner from February 2010 onwards. 3. Accordingly, the writ petition is dismissed. However, it is made clear that the petitioner will be at liberty to approach the respondent Bank offering payment of substantial amounts and the dismissal of this writ petition will not stand in the way of the respondent Bank considering such request and granting any relief. C.K.ABDUL REHIM JUDGE ab