IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN & THE HONOURABLE MR. JUSTICE ANTONY DOMINIC TUESDAY, THE 21ST APRIL 2009 / 1ST VAISAKHA 1931 WA.No. 948 of 2009() -------------------- AGAINST THE ORDER IN IA 3616/09 IN WPC.5636/2009 Dated 08/04/2009 .................... APPELLANT(S): PETITIONER IN WPC ------------------------------- JOMON JOHN, RESIDING AT JEES HOUSE, PUTHOOPARAMBIL, SEA VIEW WARD, ALAPPUZHA-688 012. BY ADV. SRI.M.A.FIROZ RESPONDENT(S): RESPONDENTS IN WPC --------------------------------- 1. THE UNION OF INDIA, REPRESENTED BY ITS SECRETARY, MINISTRY OF FINANCE, NEW DELHI. 2. VIJAYA BANK, REPRESENTED BY ITS BRANCH MANAGER, CHANDRA SQUARE, CULLEN ROAD, ALAPPUZHA. 3. THE REGIONAL MANAGER, VIJAYA BANK, REGIONAL OFFICE, 1ST FLOOR, JOSE ANEX, JOSE JUNCTION, M.G.ROAD, ERNAKULAM. 4. THE AUTHORISED OFFICER, CHIEF MANAGER, VIJAYA BANK, SEA VIEW WARD, ALAPPUZHA. R1 BY SRI P.PARAMESWARAN NAIR, ASST. SOLICITOR GENERAL. THIS WRIT APPEAL HAVING COME UP FOR ADMISSION ON 21/04/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: S. SIRI JAGAN & ANTONY DOMINIC, JJ. --------------------------------------------- W.A. No. 948 of 2009 --------------------------------------------- Dated: APRIL 21, 2009 JUDGMENT Siri Jagan, J. The appellant is the petitioner in the writ petition, the judgment in which is impugned in this appeal. The writ petition relates to challenge against the proceedings under the Securitization and Re-construction of Financial Assets and Enforcement of Security Interest Act, 2002. Originally an interim order was granted which was modified by the order impugned in this writ appeal directing the appellant to pay an amount of Rs.20 lakhs within a period of two weeks, on which condition further distress action against the appellant was directed to be suspended till 22.5.2009. We do not find anything wrong with that interim order in so far as amounts are admittedly due from the appellant in repayment of loan amounts due from the appellant to the respondent bank. Therefore we do not find any merit in the writ appeal and accordingly it is dismissed. S. SIRI JAGAN, JUDGE ANTONY DOMINIC, JUDGE mt/-