IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM MONDAY, THE 17TH JANUARY 2011 / 27TH POUSHA 1932 WP(C).No. 37380 of 2010(V) -------------------------- PETITIONER: ------------------ RAVINDRA, R/AT DOOR NO.533, AMBADI NILAYA, ADKA P.O., MANGALPADY, UPPALA, KASARAGOD. BY ADV. SRI.SAJI MATHEW SRI.DENU JOSEPH SRI.JUFIN GEORGE VALOORAN RESPONDENTS: ---------------------- 1. THE DISTRICT MAGISTRATE/COLLECTOR, CIVIL STATION, KASARGODE KASARGODE DISTRICT. 2. THE AUTHORIZED OFFICER UNDER SARFAESI ACT, AIG HOME FINANCE INDIA LTD., NO.28, CENTINARY BUILDING, 4TH FLOOR, M.G.ROAD, BANGALORE - 560001. SR.GOVT.PLEADER SRI.MATHEW GEORGE VADAKKEL FOR R1. ADV. SRI.RAJESH THOMAS FOR R2 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 17/01/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.K.ABDUL REHIM, J. = = = = = = = = = = = = = WP(C).No.37380 of 2010-V. = = = = = = = = = = = = = Dated this the 17th January, 2011. J U D G M E N T Challenge in this writ petition is against steps initiated under Section 14(1) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). It is noticed that the petitioner had already availed statutory remedy as provided under Sec.17(1) of the Act, before the Debt Recovery Tribunal. But he had failed to comply with the conditions stipulated in the interim order issued by the said Tribunal. Under such circumstance this Court was not inclined to entertain this writ petition. However, as a gesture of indulgence dispossession of the petitioner from the property was stayed subject to condition of the petitioner remitting a sum of Rs.Two lakhs on or before 10.1.2011. 2. Today when the matter was taken up, both sides WP(C).No.37380 of 2010-V. 2 submitted that the condition stipulated was not complied with. 3. Under such circumstance I am not inclined to entertain this writ petition any further. The writ petition is accordingly dismissed. C.K.ABDUL REHIM, (Judge) Kvs/-