IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 6TH FEBRUARY 2009 / 17TH MAGHA 1930 WP(C).No. 3165 of 2009(B) ------------------------- PETITIONER(S): ---------------- 1. KANNAN, C.C. X/308, AMARAVATHY, COCHIN 682 001. 2. MANJUSHA KANNAN, C.C. X/308, AMARAVATHY, COCHIN 682 001. BY ADV. SRI.E.C.POULOSE SMT.BOBBY RAPHEAL.C RESPONDENT(S): --------------- U.CO. BANK, COCHIN BRANCH, AMARAVATHY, COCHIN -1, REP. BY ITS AUTHORISED OFFICER. BY ADV.SRI.GEORGE K.VARGHESE, S.C. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 06/02/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.3165 OF 2009 ------------------------------------------- Dated this the 6th day of January, 2009 JUDGMENT Learned counsel for the respondent bank states that there is an error in the matter of issuance of the possession notice and that a fresh notice would be issued. If that be so, the petitioners would have the opportunity to take recourse to statutory remedies under Section 17 of the SARFAESI Act. The petitioners' counsel has also stated that if given a short time, the petitioners could even settle the entire transaction. This is recorded. No orders are, hence, called for. The writ petition is closed. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge. kkb.6/2.