IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM THURSDAY, THE 2ND JUNE 2011 / 12TH JYAISHTA 1933 WP(C).No. 11003 of 2011(A) ---------------------------------- PETITIONER(S): ------------------- SUBASH.V.V., S/O.VELAYUDHAN, VADAKKOOTU HOUSE, CHEVUR, THRISSUR DISTRICT. BY ADV. SRI.M.K.DILEEP KUMAR RESPONDENT(S): -------------------- 1. THE FEDERAL BANK LTD., REPD.BY AUTHORISED OFFICER, REGIONAL OFFICE, MISSION QUARTERS, THRISSUR DISTRICT-680 001. 2. THE FEDERAL BANK LTD., KURKENCHERRY BRANCH, THRISSUR DISTRICT-680 007. R1,2 BY ADVS. SRI.MOHAN JACOB GEORGE SMT.P.V.PARVATHI SMT.REENA THOMAS SRI.L.RAM MOHAN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02/06/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: svs C.K.ABDUL REHIM, J. ------------------------------- W.P.(C).No.11003 of 2011 ------------------------------- Dated this the 2nd day of June, 2011. J U D G M E N T In view of the effective alternative 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, an interim stay was granted against dispossession of the petitioner from the property subject to condition of the petitioner remitting a sum of Rs.2 lakhs, in 2 (two) equal instalments falling due on or before 30.4.2011 and on or before 25.5.2011. 2. Learned counsel appearing for the respondent Bank submitted that, the petitioner had failed to comply with the condition stipulated. There is no representation for the petitioner v when the matter was posted for consideration on 30.5.2011 and 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 ami/