IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN TUESDAY, THE 7TH APRIL 2009 / 17TH CHAITHRA 1931 WP(C).No. 10743 of 2009(K) -------------------------- PETITIONER(S): --------------- 1. K.R.NARAYANAN NAIR, KOIPURATHU HOUSE, PANDALAM, PATHANAMTHITTA DIST. 2. LAILA N.NAIR, KOIPURATHU HOUSE, PANDALAM, PATHANAMTHITTA DISTRICT. BY ADV. SRI.K.SASIKUMAR RESPONDENT(S): --------------- 1. STATE BANK OF TRAVANCORE, PANDALAM BRANCH, REP. BY ITS CHIEF MANAGER. 2. ASST. GENERAL MANAGER IV (K), ZONAL OFFICE, STATE BANK OF TRAVANCORE, KOTTAYAM. BY SC SATHISH NINAN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 07/04/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B RADHAKRISHNAN, J ........................................... WP(C).NO. 10743 OF 2009 ............................................ DATED THIS THE 7TH DAY OF APRIL, 2009 JUDGMENT The petitioner availed a suvidha loan from the first respondent, repayable in 84 months. On default in payment, the bank has initiated SARFAESI Act proceedings. Learned counsel for the bank states that if the petitioner makes a request for compromise in terms of the bank's schemes and also pay a portion of the amount, the bank will consider that request. Recording this, it is ordered that if the petitioner makes a representation as aforesaid and deposits an amount of Rs.1,00,000/-, the bank will consider the request of the petitioner, provided such deposit is made within a period of three weeks from now. THOTTATHIL B RADHAKRISHNAN, JUDGE lgk/7/4