IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN TUESDAY, THE 27TH MAY 2008 / 6TH JYAISHTA 1930 WP(C).No. 14140 of 2008(G) -------------------------- PETITIONER: ---------------- BINI PRAKASH, W/O.PRAKASH(LATE) AGED 42 YEARS. CHEMPAKASERRIL HOUSE, PALA P.O., KOTTAYAM DISTRICT. BY ADV. SMT.DAISY A.PHILIPOSE RESPONDENT: ------------------ INDIAN OVERSEAS BANK, KOTTAYAM BRANCH, REPRESENTED BY ITS CHIEF MANAGER. BY ADV. SRI.P.B.SURESH KUMAR, SC,I.O.BANK FOR R1 THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 27/05/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: WP(C).No. 14140 of 2008 P1: COPY OF SUICIDE NOTE. P2: COPY OF NOTICE DT. 2.8.2007. P3: COPY OF NOTICE DTD. 17.12.2007. P4: COPY OF REPRESENTATION DTD. 26.12.2007. P5: COPY OF REPRESENTATION. P6: COPY OF REPRESENTATION DT. 27.3.3008. P7: COPY OF LETTER DTD. 22.4.2008. TRUE COPY PA TO JUDGE. S. SIRI JAGAN, J. ------------------------------------ W.P.(C)No.14140 OF 2008 ---------------------------------------- Dated this the 27th day of May, 2008 JUDGMENT The petitioner is challenging proceedings under the Securtisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. At the time of admission, this Court granted stay of further proceedings pursuant to Exts.P2 and P3 on condition that the petitioner pays a sum of Rs.20 lakhs within ten days. The learned Standing Counsel appearing for the respondent submits that the petitioner has not paid that amount. In any event, the petitioner has an effective alternate remedy by way of appeal before the Debt Recovery Tribunal under Section 17 of the Act. Therefore, without prejudice to such right, this writ petition is dismissed. S. SIRI JAGAN, JUDGE Acd