IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON TUESDAY, THE 18TH AUGUST 2009 / 27TH SRAVANA 1931 WP(C).No. 23628 of 2009(W) -------------------------- OS.212/2005 of DEBT RECOVERY TRIBUNAL, ERNAKULAM .................... PETITIONER: --------------- M.H.WAHEEDA, W/O.K.M.ABDUL JALEEL, KARIPPODY VILLA, KOTTIKULAM, BEKAL POST, KASARAGOD DIST. BY ADV. MS. P.K.PRIYA RESPONDENTS: --------------- STATE BANK OF TRAVANCORE, REP.BY ITS BRANCH MANAGER, KASARAGOD MAIN BRANCH, KASARAGOD PO, KASARAGOD DIST,. KERALA,691 001. BY STANDING COUNSEL MR. K.S. DILIP THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 18/08/2009, THE COURT ON THE SAME DAY DELIVERED THEV FOLLOWING: P.R. RAMACHANDRA MENON J. ~~~~~~~~~~~~~~~~~~~~~~~ W.P. (C) No. 23628 of 2009 ~~~~~~~~~~~~~~~~~~~~~~~ Dated, this the 18th day of August, 2009 JUDGMENT The petitioner has approached this Court challenging the coercive steps stated as being pursued by the Recovery Officer, at the instance of the respondent Bank, for realization of the amount due from the petitioner. 2. The learned counsel for the petitioner submits that, the petitioner has already approached the Bank for availing the benefit of 'OTS' and the matter is under consideration. The learned counsel for the respondent Bank submits that, the Bank has already decided to extend the benefit of 'OTS' to the petitioner, which is intended to be communicated within a short while. 3. In the said circumstances, the petitioner is permitted to clear the liability in terms of the sanction to be given by the respondent Bank to clear the liability under 'OTS'. Subject to the above, the coercive steps, stated as being pursued against the petitioner, shall be kept in abeyance, for the time being. The Writ Petition is disposed of accordingly. P. R. RAMACHANDRA MENON, JUDGE kmd