IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 23RD MARCH 2011 / 2ND CHAITHRA 1933 WP(C).No. 5535 of 2011(N) ---------------------- PETITIONER : --------------------- MRS.NEZEERA N. MOHAMMED, KP 4/157 C, RAHMATH, PURAVOORKONAM, KARAKULAM.P.O., THIRUVANANTHAPURAM-695 564. BY ADV. SRI.E.M.MURUGAN RESPONDENT : ---------------------- AUTHORIZED OFFICER, CHIEF MANAGER (P&SB), STATE BANK OF TRAVANCORE, VIKAS BHAVAN BRANCH, THIRUVANANTHAPURAM-695 003. BY ADV. SRI. R.S. KALKURA, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 23/03/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Mn C.K.ABDUL REHIM, J. ------------------------------------------- W.P.(C).No.5535 of 2011 ------------------------------------------- Dated this the 23rd day of March, 2011 J U D G M E N T ---------------------- Considering the effective alternative remedy available, this court was not inclined to entertain the writ petition filed challenging the proceedings initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). However, coercive steps initiated for dispossession was stayed subject to condition of the petitioner remitting a sum of Rs.2 lakhs within two weeks from 23.2.2011. Thereafter the writ petition was adjourned on many occasions. But it is reported that the petitioner has not fully complied with the condition, even as on today. 2. Therefore I am not inclined to entertain this writ petition any further. However, statutory remedy if any available to the petitioner to challenge the proceedings is reserved. 3. Hence the writ petition is dismissed without prejudice to the rights if any available to the petitioner to invoke statutory remedy. C.K.ABDUL REHIM, JUDGE. okb