IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 26TH SEPTEMBER 2008 / 4TH ASWINA 1930 WP(C).No. 28433 of 2008(I) ------------------------------------ PETITIONER: ------------------- K.K.PUSHPAN, S/O.KUTTAN, KURUPPAMCHERIL VELLOONNI PO., ARPOOKKARA, KOTTAYAM. BY ADV. SRI.K.REGHU KOTTAPPURAM RESPONDENT(S): -------------------------- 1. AUTHORISED OFFICER(UNDER SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002), KOTTAYAM DISTRICT CO.OP.BANK LTD., KOTTAYAM. 2. KOTTAYAM DISTRICT CO.OP.BANK LTD. REP. BY THE GENERAL MANAGER KOTTAYAM. 3. BRANCH MANAGER, KOTTAYAM DISTRICT CO.OP.BANK LTD., GANDHI NAGAR BRANCH, KOTTAYAM. 4. JOINT REGISTRAR OF CO.OP.SOCIETIES KOTTAYAM. ADV.SRI.T.A.SHAJI, SC, FOR R1 TO R3 GOVERNMENT PLEADER SRI.K.C.SANTHOSH KUMAR FOR R4 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 26/09/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B. RADHAKRISHNAN, J. ------------------------------------------------------------------------ W.P.(C) NO.28433 OF 2008 (I) ------------------------------------------------------------------------ Dated this the 26th day of September, 2008 J U D G M E N T The learned counsel for respondents 1 to 3 has submitted that his client agrees to regularise the transaction provided the petitioner remits the entire accrued amounts including the interest and also expenditure, within a reasonable time, as may be advised by the third respondent Branch Manager. Recording this submission, which is a fair suggestion, the petitioner cannot aspire for anything better. Accordingly, this writ petition is ordered directing that the petitioner will appear before the third respondent at the earliest and have the transactions regularised. To aid such process, distress action will stand deferred for a period of three months. Sd/- THOTTATHIL B. RADHAKRISHNAN, JUDGE skr/27/9 // True copy // P.A. to Judge.