IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN WEDNESDAY, THE 10TH AUGUST 2011 / 19TH SRAVANA 1933 WP(C).No. 19241 of 2011(E) ---------------------------------------- PETITIONER(S): ------------------------ 1. NASEEM NASSAR, W/O.K.NASSAR, PROPRIETOR M/S.APPEES INDUSTRIES, ELAVUNKAL PARAMPIL, MANGARAM, PANDALAM. 2. K.NASSAR, S/O.KASIM RAWTHER, ELAVUNKAL PARAMPIL, MANGARAM, PANDALAM. 3. AREEFA BEEVI, W/O.KASIM RAWTHER, ELAVUNKAL PARAMPIL, MANGARAM, PANDALAM. BY ADV. SRI.K.SHAJ SRI.SAJJU.S RESPONDENT(S): -------------------------- 1. STATE BANK OF INDIA, PANDALAM BRANCH, REPRESENTED BY ITS CHIEF MANAGER.PIN-690 109 2. AUTHORIZED OFFICER, STATE BANK OF INDIA, REGIONAL BUSINESS OFFICE, BEACH ROAD, ALAPPUZHA.PIN-688 001 R1 & R2 BY ADV.SRI.P.V.SURENDRANATH,SC,SBI THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10/08/2011,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: sts WP(C)NO.19241/2011 APPENDIX PETITIONER'S EXHIBITS: P1 COPY OF THE NOTICE DATED 30/03/2011 UNDER SECTION 13(4) OF THE SARFAESI ACT ISSUED BY THE 2ND RESPONDENT BANK. RESPONDENT'S EXHIBITS: NIL /TRUE COPY/ P.A.TO.JUDGE sts S.SIRI JAGAN, J. ================== W.P.(C).No. 19241 of 2011 ================== Dated this the 10th day of August, 2011 J U D G M E N T The petitioners challenge proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, initiated by the respondents for recovery of the loan amounts defaulted by the petitioners. The petitioners now submit that the petitioners have come to an amicable settlement with the respondent bank and, therefore, no further orders are necessary in this writ petition. Accordingly, this writ petition is closed. Sd/- sdk+ S.SIRI JAGAN, JUDGE ///True copy/// P.A. to Judge