IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HON'BLE THE CHIEF JUSTICE MR.J.CHELAMESWAR & THE HONOURABLE MR. JUSTICE ANTONY DOMINIC TUESDAY, THE 9TH AUGUST 2011 / 18TH SRAVANA 1933 WA.No. 1157 of 2011() --------------------- AGAINST THE JUDGEMENT IN WPC.38510/2010 .................... APPELLANT(S): PETITIONER IN WPC --------------------------------------- JAYACHANDRAN SANKARAN, T.C.40/1429-1, KRISHNAKRIPA, PUTHEN STREET, BEHIND SASTHA TEMPLE,THIRUVANANTHAPURAM. BY ADV. SRI.E.A.BIJUMON RESPONDENT(S): RESPONDENTS IN WPC --------------------------------------------- ICICI BANK LIMITED, LAND MARK, RACE COURSE CIRCLE, VADODARA, HAVING ITS BRANCH OFFICE, NEAR STATUE, M.G.ROAD, THIRUVANANTHAPURAM-695001. REPRESENTED BY ITS AUTHORIZED OFFICER, GANDAPATHY SUBBAN. ADV. SRI.LAL K.JOSEPH SRI.A.A.ZIYAD RAHMAN THIS WRIT APPEAL HAVING COME UP FOR ADMISSION ON 09/08/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: J. CHELAMESWAR, C.J & ANTONY DOMINIC, J. ---------------------------------------------- W.A.No. 1157 of 2011 ---------------------------------------------- Dated this the 9th day of August, 2011 JUDGMENT J.Chelameswar, CJ. Aggrieved by the judgment dated 4th July, 2011, the petitioner in the Writ Petition preferred the instant appeal. The Writ Petition was filed challenging the order of the respondents in invoking the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Admittedly, the petitioner borrowed some amount for the purpose of constructing a house. As there was default in the repayment of installments of the amount borrowed, the Bank initiated proceedings under the abovementioned Act. It appears from the judgment under appeal that before the learned Single Judge the appellant only sought some time to pay off the entire balance amount due to the Bank (as evidenced by the judgment under appeal). In view of such submission, the learned Judge disposed of the Writ Petition granting some facility of time for making WA.No.1157 of 2011 2 clearance of the entire amount due. In the circumstances, we do not see any reason to interfere with the judgment under appeal. The Writ Appeal is, therefore dismissed at the admission stage itself. J.CHELAMESWAR, CHIEF JUSTICE ANTONY DOMINIC, JUDGE vgs