IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 15TH DECEMBER 2010 / 24TH AGRAHAYANA 1932 WP(C).No. 22910 of 2010(K) -------------------------- PETITIONER:- ------------------ DEVASSIA K.V., S/O.DEVASSIA KAITHOLIL HOUSE, AGED 44 KADANAD PO, KOLLAPALLI VIA PALA, KOTTAYAM DISTRICT. BY ADV. SRI.JOHNSON MANAYANI SRI.BENHUR JOSEPH MANAYANI RESPONDENTS:- --------------------- 1. AUTHORISED OFFICER ING VYSYA BANK, REGIONAL OFFICE PARAVALLIL ARCADE, PANAMPILLY NAGAR, ERNAKULAM. 2. THE REGIONAL MANAGER ING VYSYA BANK, REGIONAL OFFICE PARAVALLIL ARCADE, PANAMPILLY NAGAR, ERNAKULAM. ADV.SRI.R.S.KALKURA, SC FOR RESPONDENTS. ADV. SRI.K.K.JOHN FOR R THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 15/12/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.K.ABDUL REHIM, J. = = = = = = = = = = = = = = WP(C).No.22910 of 2010-K. = = = = = = = = = = = = = = Dated this the 15th day of December, 2010. J U D G M E N T This writ petition is filed challenging Exts.P1 and P2 notices through which immovable properties were put to sale under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). It is submitted that, even before filing of this writ petition the sale had taken place in accordance with Ext.P2 and the sale was finalised in favour of the highest bidder, and further the bidder had already deposited the amount in question. It is reported that the highest bid was for a sum of Rs.7,70,000/-. 2. On the basis of the submissions made by the petitioner to the effect that he is ready to make payment within a short time, this Court permitted the petitioner to make deposit of a sum of Rs.8,00,000/- within a period of WP(C).No.22910/2010-K. 2 one month, by virtue of the interim order issued on 29.10.2010. It is reported that the petitioner has not deposited any amount till date. 3. In the above circumstance, I am of the view that, the petitioner could not raise any successful challenge against the sale which had already taken place. Accordingly, the writ petition fails and the same is hereby dismissed. C.K.ABDUL REHIM, (Judge) Kvs/-