IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON THURSDAY, THE 1ST JULY 2010 / 10TH ASHADHA 1932 WP(C).No. 7775 of 2010(V) ------------------------- PETITIONER: --------------- MATHEW JOSEPH, AGED 55, S/O. JOSEPH, KAVUMKAL HOUSE, VALLAKKADAVU, KADAMAKKUZHI P.O., IDUKKI DISTRICT. BY ADV. SRI.P.V.GEORGE(PUTHIYIDAM) RESPONDENTS: --------------- 1. UNION OF INDIA, REP. BY SECRETARY TO FINANCE, NEW DELHI. 2. DISTRICT COLLECTOR, IDUKKI DISTRICT, IDUKKI P.O. 3. DEPUTY TAHSILDAR (R.R.), NEDUMKANDOM, NEDUMKANDOM P.O., IDUKKI DISTRICT. 4. CANARA BANK, REP. BY BRANCH MANAGER, THIRUVALLA BRANCH, THIRUVALLA P.O. R1 by ADV. SRI.T.P.M.IBRAHIM KHAN,ASST.SOLICITOR GENERAL R2 AND R3 BY SR.GOVERNMENT PLEADER ADV. MATHEW GEORGE VADAKKEL. R4 BY ADV. MR. P. GOPINATH MENON, SC. BY ADV. SRI.E.K.NANDAKUMAR BY ADV. SRI.A.K.JAYASANKAR NAMBIAR BY ADV. SRI.K.JOHN MATHAI BY ADV,. SRI.P.BENNY THOMAS BY ADV. SRI.S.RAMU THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 01/07/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R. RAMACHANDRA MENON, J. .............................................................................. W.P.(C) No. 7775 OF 2010 ......................................................................... Dated this the 1st July , 2010 J U D G M E N T The petitioner has approached this Court challenging the steps taken by the respondent Bank for realisation of the amount stated as due under a loan transaction, resorting to the machinery under the Revenue Recovery Act. 2. When the matter came up for consideration on 10.03.2010, the coercive steps were intercepted on condition that the petitioner deposited a sum of Rs. Ten lakhs within ten days, which is stated as complied with. The learned Counsel for the petitioner submits that, in the course of the proceedings between the petitioner and the 4th respondent, the petitioner was required to deposit a sum of Rs.75,527/- in the loan account number 2750 and Rs. 1,94,288/- in the loan account number 2751 on or before 30.06.2010, which is stated as complied with, as borne by Exts. P7 and P8 receipts. The learned Counsel further submits that, after satisfying the liability as W.P.(C) No. 7775 OF 2010 2 stipulated by the Bank, the petitioner has preferred Ext. P9 representation for regularisation of the loan account, which is pending consideration. 3. Heard the learned Standing Counsel for the Bank. 4. Considering the facts and circumstances, the respondent Bank is directed to consider Ext.P9 representation for regularisation of the loan account and appropriate orders shall be passed as expeditiously as possible, at any rate, within two weeks from the date of receipt of a copy of the judgment. It is made clear that, till such proceedings are finalised all further coercive steps stated as being pursued against the petitioner shall be kept in abeyance. The Writ Petition is disposed of. P.R. RAMACHANDRA MENON, JUDGE. lk