IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC MONDAY, THE 9TH JUNE 2008 / 19TH JYAISHTA 1930 W.P(C).No. 14618 of 2008(M) ---------------------------------- PETITIONER: -------------- RADHAKRISHNAN A., PULIRULKUNNATHIL, KONNAMANKARA, ADOOR. BY ADV. SRI.S.MUHAMMED HANEEFF RESPONDENTS: ----------------- 1. BRANCH MANAGER, STATE BANK OF TRAVANCORE, ADOOR. 2. CHIEF MANAGER, STATE BANK OF TRAVANCORE, ADOOR. 3. GENERAL MANAGER, STATE BANK OF TRAVANCORE, THIRUVANANTHAPURAM. BY ADV. SRI.M.PATHROSE MATTHAI (SR.) SRI.SAJI VARGHESE, SC, SBT THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 09/06/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC, J. =============== W.P.(C) NO. 14618 OF 2008 M ==================== Dated this the 9th day of June, 2008 J U D G M E N T In this writ petition, petitioner is facing proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. He submits that though an amount equivalent to the loan availed of has already been paid, still for the interest liability the Bank is initiating coercive action, which has reached the stage of taking over possession of the mortgaged property. At that stage seeking time for liquidating the liability by disposal of the mortgaged property, petitioner has filed Ext.P3 to the 3rd respondent and seeks a direction to the 3rd respondent to pass orders thereon. 2. In view of the limited nature of the relief that is sought for by the writ petitioner, I see no reason to decline the same. Accordingly, I direct that the 3rd respondent shall forward Ext.P3 to the 2nd respondent, the Competent Authority to take up and consider Ext.P3, if the same has been received and is pending. On its receipt the 2nd respondent consider Ext.P3 and pass orders thereon, as expeditiously as possible, at any rate within one month of production of a copy of this judgment. WPC 14618/08 :2 : Petitioner shall produce a copy of this judgment before the 2nd and 3rd respondents for compliance. ANTONY DOMINIC JUDGE Rp