IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON FRIDAY, THE 16TH JULY 2010 / 25TH ASHADHA 1932 WP(C).No. 13309 of 2010(K) -------------------------- CRMP.857/2010 of C.J.M.,THRISSUR .................... PETITIONER: --------------- MR.GOPINATHAN, S/O.GANGADHARA MENON, CHULLIPARAMBIL HOUSE, THAIKKATTUSSERY, EDAKUNNY VILLAGE, THRISSUR. BY ADV. MR. JAISHANKAR V.NAIR MR. NIRMAL V NAIR RESPONDENTS: --------------- 1. STATE BANK OF INDIA, VALLACHIRA BRANCH, THRISSUR REPRESENTED BY ITS CHIEF MANAGER. 2. SHEELA MOHAN, D/O.KRISHNANKUTTY NAIR, KORAPATH HOUSE, ANCHERRY DESOM, ANCHERY VILLAGE, THRISSUR TALUK. BY STANDING COUNSEL MR. N. RAJAGOPALAN NAIR THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 16/07/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R. RAMACHANDRA MENON J. ~~~~~~~~~~~~~~~~~~~~~~~ W.P. (C) No. 13309 of 2010 ~~~~~~~~~~~~~~~~~~~~~~~ Dated, this the 16th day of July, 2010 JUDGMENT The petitioner is challenging the steps taken by the respondent Bank, for realization of the amount stated as due from the petitioner, by resorting the steps under the SARFAESI Act. 2. When the matter came up for consideration on 20.4.2010, the coercive proceedings were intercepted, on condition that, the petitioner deposited a sum of Rs. 3 lakhs, within two months. In spite of two adjournments granted in the meanwhile, the condition is still to be satisfied, submits the learned counsel appearing for the Bank. 3. In the above circumstances, this Court does not find it as a fit case to invoke the discretionary jurisdiction under Article 226 of the Constitution of India. Accordingly, interference is declined and the Writ Petition is dismissed. P. R. RAMACHANDRA MENON, JUDGE kmd