IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 16TH FEBRUARY 2011 / 27TH MAGHA 1932 WP(C).No. 990 of 2011(W) ------------------------ PETITIONER(S): --------------- GEETHAKUMARY, W/O.J.GOPALAKRISHNAN NAIR, AGED 48 YEARS, RESIDING AT JYOTHIS, KUZHIMUKKU, ATTINGAL, THIRUVANANTHAPURAM. BY ADV. SRI.AYYAPPAN SANKAR RESPONDENT(S): --------------- THE AUTHORISED OFFICER, HDFC LTD., REGIONAL OFFICE, HDFC HOUSE, VAZHUTHACAUD, P.B.NO.2288, THIRUVANANTHAPURAM-695010. ADV. SRI.K.K.CHANDRAN PILLAI, SENIOR ADVOCATE FOR R SRI.A.S.SAJUSH PAUL FOR R SRI.THOMAS JAMES MUNDACKAL FOR R SRI.BOBBY THOMAS FOR R THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 16/02/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.K.ABDUL REHIM, J --------------------------------------- W.P(C) No.990 of 2011-W ---------------------------------------- Dated this the 16th day of February, 2011. J U D G M E N T Proceedings initiated under Section 14(1) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is under challenge in this writ petition. Considering the fact that the petitioner had not availed the effective alternative remedy available, this Court was not inclined to entertain the writ petition. However, as a gesture of indulgence an interim stay was granted against dispossession, subject to condition of the petitioner remitting a sum of Rs.1,00,000/- on or before 25.1.2011. Eventhough the petitioner sought extension for payment of the amount till 14.2.2011, she had failed to comply with the condition. Under the above circumstances, I am not inclined to entertain this writ petition any further. However, it is made clear that the petitioner will be at liberty to invoke statutory remedy, if any available under law. The Writ Petition is dismissed with the above observations. C.K.ABDUL REHIM JUDGE ab