IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH MONDAY, THE 10TH NOVEMBER 2008 / 19TH KARTHIKA 1930 WP(C).No. 32968 of 2008(Y) -------------------------- PETITIONER(S): ---------------------- P.K.JEGDEV, S/O.PREMDEV, SUNDARA BHAVAN, ASRAMAM, KOLLAM PIN - 691 002. BY ADV. SRI.ABRAHAM VAKKANAL (SR.) SRI.PAUL ABRAHAM VAKKANAL SRI.DIJO SEBASTIAN RESPONDENT(S): ------------------------ 1. CHAIRMAN & MANAGING DIRECTOR, INDIAN BANK, 66 RAJAJI SALAI, CHENNAI - 6900001. 2. ASSISTANT GENERAL MANAGER, INDIAN BANK, MAIN BRANCH, MAIN ROAD, KOLLAM - 691001. 3. M/S.N.SUNDARESWARAN, PARTNERSHIP FIRM, REG.OFFICE, BEACH ROAD, KOLLAM - 1. 4. SRI.S.MOHANAN, S/O.LATE MR.SUNDARESWARAN PARTNER, M/S.SUNDARESWARAN, SUNDARA BHAVAN, ASRAMAM, KOLLAM-2. 5. SMT.S.VIJAYALAKSHMI, D/O.LATE MR.SUNDARESWARAN, SUNDARA BHAVAN, ASRAMAM, KOLLAM-2. 6. SMT.S.MANJU, D/O.LATE MR.SUNDARESWARAN, SUNDARA BHAVAN, ASRAMAM, KOLLAM-2. BY ADV. SRI. S. EASWARAN FOR R1 & R2. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10/11/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M.JOSEPH, J. - - - - - - - - - - - - - - - - - - - - - - - - - WP.(C) No.32968 of 2008 - - - - - - - - - - - - - - - - - - - - - - - - - Dated this the 10th day of November, 2008 JUDGMENT I heard learned counsel for the petitioner and the learned Standing Counsel. 2. In view of the availability of the alternate forum, that is under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, I do not think it necessary to entertain this writ petition. The writ petition is disposed of as follows: There will be no confirmation of the sale pursuant to Exts.P9, P9(a) and P9(b) for a period of three weeks from today. As far as Exts.P8 and P11 are concerned, it is submitted by the learned Standing Counsel Sri.S.Easwaran that a decision has already been taken on Exts.P8 and P11. The decision taken on Exts.P8 and P11 will be communicated to the petitioner within ten days from today. (K.M. JOSEPH, JUDGE) sb