IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN THURSDAY, THE 19TH MARCH 2009 / 28TH PHALGUNA 1930 WP(C).No. 8256 of 2009(B) ------------------------- CMP.132/2009 of C.J.M.,TRIVANDRUM .................... PETITIONER(S): --------------- K.SIVANKUTTY, PANANGARA VALIYA VILA VEEDU, VELLAIKADAVU, KODUNGANOOR P.O., THIRUVANANTHAPURAM. BY ADV. SRI.G.SUDHEER SMT.M.JAYASREE RESPONDENT(S): --------------- UNION BANK OF INDIA, THIRUVANANTHAPURAM BRANCH, REPRESENTED BY ITS ASST. GENERAL MANAGER/AUTHORIZED OFFICER, M.G.ROAD, TRIVANDRUM. BY ADV.SRI.A.S.P.KURUP. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 19/03/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = W.P.(C).No.8256 of 2009-B = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 19th day of March, 2009. JUDGMENT When this matter is taken up today, learned counsel for the petitioner states that no other grounds are pressed and that the petitioner is prepared to pay off the entire outstandings for regularizing the transaction. This submission is recorded and the petitioner is directed to appear before the competent authority in the respondent so that he can pay the accrued amounts that have to be paid for regularizing the transaction and then enjoy the facility that the bank may extend if he makes the payments during the current financial year itself. If he does not enjoy the benefits of this judgment, the respondent will be at liberty to further proceed with the SARFAESI Act proceedings. The writ petition is ordered accordingly. THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/200309