IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN MONDAY, THE 9TH JUNE 2008 / 19TH JYAISHTA 1930 WP(C).No. 16249 of 2008(H) -------------------------- PETITIONER: ------------ 1. A.K.RADHAMONY , FIRE FORCE STAFF, CLUB ROAOD , NEAR RAMAVARMA CLUB, ERNAKULAM. 2. K.R.CHANDRAMOHAN, FIRE FORCE STAFF QUARTERS,CLUB ROAD, NEAR RAMAVARMA CLUB,ERNAKULAM. BY ADV. SRI.P.B.SAHASRANAMAN SRI.K.JAGADEESH SRI.T.S.HARIKUMAR RESPONDENTS: ------------- 1. STATE BANK OF TRAVANCORE REPRESENTED BY ITS CHIEF MANAGER KAYAMKULAM BRANCH, KAYAMKULAM, ALAPPUZHA DISTRICT. 2. THE AUTHORIZED OFFICER, STATE BANK OF TRAVANCORE, KAYAMKKULAM BRANCH KAYAMKULAM, ALAPPUZHA DISTRICT. BY ADV. SRI.SATHISH NINAN FOR R1 & 2 SRI.SANTHOSH MATHEW FOR R1 & 2 SRI. R.S.KALKURA, SC FOR RESPONDENTS. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 09/06/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: S.SIRI JAGAN, J = = = = = = = = = = = = = = = = W.P.(C).No. 16249 OF 2008 = = = = = = = = = = = = = Dated this the 9th day of June, 2008. 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, initiated by Ext.P5. The contention raised is that as per Ext.P5, 30 days time is granted and the sale is being effected before the completion of the 30 days. Learned standing counsel submits that Ext.P5 will not be proceeded with but, the bank reserves its right to proceed further in accordance with law. This submission is recorded and the writ petition is closed. S.SIRI JAGAN, JUDGE bkn/-