IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN WEDNESDAY, THE 6TH AUGUST 2008 / 15TH SRAVANA 1930 WP(C).No. 23126 of 2008(C) -------------------------- PETITIONER: ------------ V.S.VIJAYAN, AGED 38, S/O.SIVARAMA PILLAI, VELLIYAMAKKIL HOUSE, VYPARA BHAVAN ROAD, THODUPUZHA. BY ADV. SRI.P.V.GEORGE(PUTHIYIDAM) RESPONDENTS: ------------- 1. THE FEDERAL BANK LTD., REPRESENTED BY BRANCH MANAGER, THODUPUZHA. 2. AUTHORISED OFFICER, FEDERAL BANK LTD., REGIONAL OFFICE, THEKKUMKAL BUILDING, T.B.ROAD, KOTTAYAM. BY ADV. SRI.MOHAN JACOB GEORGE FOR R1 SMT.P.V.PARVATHI FOR R1 SMT.REENA THOMAS FOR R1 SRI.L.RAM MOHAN FOR R1 THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 06/08/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: PETITIONER'S EXHIBITS: W.P.C.NO. 23126/2008. -------------------------------------------------------------------- EXT.P1 TRUE COPY OF SECTION 13(4) NOTICE DT. 26-7-2008. EXT.P2 LETTER DT. 28-7-2008. RESPONDENTS' EXIBITS: ------------------------------------ EXT. R1(a) ORDER DT. 19-3-2008 IN W.P.C.NO. 9526/2006. EXT.R1(b) JUDGMENT IN W.P.C.NO. 9526/2006. EXT.R1(c) ORDER DT. 25-6-2008 IN W.P.C.NO. 19026/2008. EXT.R1(d) LETTER SENT TO R2. EXT.R1(e) COPY OF APPLICATION. EXT.R1(f) PAPER PUBLICATION DT. 31-7-2008. [TRUE COPY] P.S TO JUDGE. S. Siri Jagan, J. =-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-=-= W. P (C) No. 23126 of 2008 =-=-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-= Dated this, the 6th August, 2008. J U D G M E N T The petitioner is facing proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 at the hands of the respondents for non-payment of loan amounts due from him to the respondents. The petitioner's only prayer in this writ petition is that he may be granted a breathing time to file an appeal before the Debt Recovery Tribunal under Section 17 of the Act. 2. Standing counsel for the respondents, on the basis of Exts. R1(a) to R1(f) produced along with the writ petition, vehemently opposes the claim of the petitioner. But, at the same time, he submits that the respondents have only applied before the District Magistrate for orders under Section 14, which itself would require more than a week. In the above circumstances, the petitioner need not have any apprehension for a week at least within which time he can take recourse to the appellate remedy. The writ petition is disposed of with the above observation. Sd/- S. Siri Jagan, Judge. Tds/ [True copy] P.S to Judge.