IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 1ST JUNE 2011 / 11TH JYAISHTA 1933 WP(C).No. 10118 of 2011(L) --------------------------------------- PETITIONER(S): ---------------------- VALSALA, 49 YEARS, W/O. RAVI, THALAPALLY HOUSE, LOKAMALEESWARAM, KODUNGALLORE, THRISSUR DISTRICT. BY ADV. SRI.A.F.SEBASTIAN RESPONDENT(S): -------------------------- THRISSUR DISTRICT CO-OP BANK LTD., HEAD OFFICE, THRISSUR - 680 001, REP. BY THE AUTHORISED OFFICER, (SARFAESI ACT). BY ADV. MR.P.C. SASIDHARAN, SC. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 01/06/2011,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: rs C.K.ABDUL REHIM, J. ------------------------------------------- W.P.(C).No.10118 of 2011 ------------------------------------------- Dated this the 1st day of June, 2011 J U D G M E N T ---------------------- Considering the effective remedy provided under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) this court was not inclined to entertain this writ petition. However, as a gesture of indulgence, dispossession of the petitioner was stayed, by virtue of an interim order issued on 30.3.2011, insisting upon payment of Rs.1 lakh within one month thereof. Subsequently, on the basis of an application filed by the petitioner as I.A.7326/2011, the time stipulated for compliance was extended on the basis that an amount of Rs.50,000/- was already paid. The time was extended for a period of one week from 17.5.2011. 2. Today, when the matter was taken up for consideration, learned counsel for the respondent Bank submitted that, in spite of the extension granted, the order was not fully complied with and the balance amount was not paid. W.P.(C).10118/11 -2- There was no representation for the petitioner, when the matter was taken up on today. 3. Under the above mentioned circumstances, I am not inclined to entertain this writ petition any further. Accordingly, the writ petition is dismissed. C.K.ABDUL REHIM, JUDGE. okb