IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN MONDAY, THE 19TH SEPTEMBER 2011 / 28TH BHADRA 1933 WP(C).No. 34277 of 2010(H) -------------------------- PETITIONER(S): --------------- K.K.SREEDHARAN, S/O.LATE K KRISHNAN AGED 64 YEARS, 760, KOOTTALA HOUSE VADANAPILLY, THRISSUR DISTRICT. BY ADV. SRI.BINOY VASUDEVAN RESPONDENT(S): --------------- 1. STATE OF BANK OF INDIA REPRESENTED BY ITS AUTHORIZED OFFICER THE CHIEF MANAGER,STATE BANK OF INDIA, THRISSUR 680 614. 2. STATE BANK OF INDIA, THRISSUR BRANCH DHARMODAYAM BUILDING, ROUND EAST, THRISSUR 680 614. ADV. SRI.S.EASWARAN FOR R1 THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 19/09/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: S.SIRI JAGAN, J. ================== W.P.(C).No. 34277 of 2010 ================== Dated this the 19th day of September, 2011 J U D G M E N T The petitioner is challenging proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, initiated by the respondents for recovery of loan amounts due from the petitioner. This Court had passed interim orders directing the bank to consider the application for one time settlement filed by the petitioner. Today, the learned counsel for the bank submits that the one time settlement application of the petitioner has been finalised directing the petitioner to pay an amount of ` 9 lakhs on or before 30.9.2011 in full and final settlement of the amounts due from the petitioner to the bank. In view of the same, recording the same, this writ petition is closed. Sd/- sdk+ S.SIRI JAGAN, JUDGE ///True copy/// P.A. to Judge