IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 14TH NOVEMBER 2008 / 23RD KARTHIKA 1930 RP.No. 1210 of 2008(B) ------------------------------- AGAINST THE JUDGEMENT/ORDER IN WPC.25844/2008 DATED 17/10/2008. .................... PETITIONER/ PETITIONER --------------------------------------- A.V.FRANCIS, RESIDING AT ARAKKAL HOUSE, (P.O) POOVATHUR, (VIA) CHAVAKKAD, THRISSUR DISTRICT, PIN - 680 508. BY ADV. SRI.C.VATHSALAN SRI.K.RAKESH ROSHAN SMT.THUSHARA.V SRI.BIJU J.THADIKKAL RESPONDENTS/RESPONDENTS: ---------------------------------------------- 1. UCO BANK, THRISSUR BRANCH, SWARAJ ROUND EAST, TRICHUR, PIN - 680 001 REPRESENTED BY ITS BRANCH MANAGER. 2. AUTHORISED OFFICER, UCO BANK, THIRUVANANTHAPURAM. R1 BY ADV SRI.GEORGE VARGHESE (KARITHANAM) THIS REVIEW PETITION HAVING COME UP FOR ADMISSION ON 14/11/2008,THE COURT ON THE SAME DAY PASSED THE FOLLOWING: Rs/ THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = R.P.No.1210 of 2008 = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 14th day of November, 2008. 0 R D E R The petitioner challenged proceedings taken under the SARFAESI Act. The judgment sought to be reviewed was issued directing that amounts shall be paid as stated therein. This does not, however, exclude the petitioner and the bank from working out any private settlement of the transaction, including by private sale of a portion, if it is viable and acceptable to the bank. The deposits as required by the judgment are necessary only if the benefit of the judgment is to be sustained. The review petition is ordered accordingly. THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/