IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN MONDAY, THE 25TH JULY 2011 / 3RD SRAVANA 1933 WP(C).No. 16964 of 2011(U) ---------------------------------------- PETITIONER(S): ------------------------ DEEPA VIMAL, W/O.VIMAL KUMAR, AGED 37 YEARS, PROPRIETRESS OF M/S. R.V ELECTRICALS, 39/4657, CHERRY'S BUILDING, MANIKKIRI ROAD, PALLIMUKKU, KOCHI - 16, RESIDING AT 39/3116, MALIACKAL HOUSE, PARAMBITHARA ROAD, KOCHI -34. BY ADV. SRI.B.N.SHIVSANKAR RESPONDENT(S): --------------------------- 1. THE CHIEF MANAGER, KARNATAKA BANK LTD., ASSET RECOVERY MANAGEMENT BRANCH, 105, III, MOHAN MANSION, KASTHOORBA ROAD, BANGALORE - 56. 2. THE MANAGER, KARNATAKA BANK LTD., M.G. ROAD, ERNAKULAM. BY THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 25/07/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: sts WP(C)NO.16964/2011 APPENDIX PETITIONER'S EXHIBITS: P1 COPY OF THE NOTICE DATED 13/10/2010 P2 COPY OF THE LETTER DATED 20/2/2011. RESPONDENT'S EXHIBITS: NIL /TRUE COPY/ P.A.TO.JUDGE sts S. SIRI JAGAN, J. - - - - - - - - - - - - - - - - - - - - - - - W.P.(C)No.16964 of 2011 - - - - - - - - - - - - - - - - - - - - - - - Dated this the 25th day of July, 2011 J U D G M E N T The petitioner challenges proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). I am of opinion that the petitioner should more appropriately approach the Debt Recovery Tribunal under Section 17 (1) of the Act since the Hon'ble Supreme Court has repeatedly frowned upon the High Courts entertaining writ petitions challenging the proceedings under the SARFAESI Act. Therefore without prejudice to the right of the petitioner to avail of the statutory remedy, this writ petition is dismissed. Sd/- S. SIRI JAGAN JUDGE //True copy// P.A. TO JUDGE shg/