IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON TUESDAY, THE 6TH APRIL 2010 / 16TH CHAITHRA 1932 WP(C).No. 8788 of 2010(W) ------------------------- PETITIONER: --------------- SRI. ANTONY.P.V, S/O. VARGHESE, PARUTHIKKATTU HOUSE, PALLIPPURAM.P.O, ERNAKULAM. BY ADV. SRI.V.A.PRADEEP KUMAR SRI.K.S.RAJESH SRI.M.SHAJU PURUSHOTHAMAN RESPONDENT: --------------- FEDERAL BANK LTD., REGIONAL OFFICE, FEDERAL TOWERS, MARTINE DRIVE, ERNAKULAM, REPRESENTED BY ITS BRANCH MANAGER, OCHANTHURUTH, ERNAKULAM DISTRICT. BY ADV. SRI.A.ANTONY, SC. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 06/04/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R. RAMACHANDRA MENON, J. .............................................................................. W.P. (C )No.8788 OF 2010 ......................................................................... Dated this the 6th April, 2010 J U D G M E N T The petitioner is challenging the steps taken by the respondent Bank invoking the machinery under the SARFAESI Act for realisation of the amount stated as due . 2. When the matter came up for consideration on 17.03.2010, the coercive steps were intercepted on condition that the petitioner deposited a sum of Rs. Two lakhs on or before 31.03.2010. The learned Counsel for the respondent Bank submits that the condition imposed by this Court has not been satisfied, which position is rather conceded from the part of the petitioner stating that the petitioner was not available in the station. But the fact remains that no petition for enlargement of time has been filed . In the above circumstance, this Court does not find it necessary to call for interference invoking the discretionary W.P. (C )No.8788 OF 2010 2 jurisdiction under Article 226 of the Constitution of India. Accordingly, interference is declined. The Writ Petition is dismissed without prejudice to the rights of the petitioner to pursue the statutory remedy, if any, available. P.R. RAMACHANDRA MENON, JUDGE. lk