IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE PIUS C.KURIAKOSE MONDAY, THE 17TH MARCH 2008 / 27TH PHALGUNA 1929 WP(C).No. 12621 of 2007(C) -------------------------- PETITIONER: ------------ C.I.ABRAHAM, POOVELIL, POONJAR P.O. BY ADV. SRI.LIJI.J.VADAKEDOM RESPONDENTS: ------------- 1. POONJAR GRAMA PANCHAYATH, REPRESENTED BY ITS SECRETARY, OFFICE OF THE GRAMA PANCHAYATH POONJAR P.O. 2. P.R.GOPINATHAN, PULIYALLIL HOUSE, POONJAR P.O. 3. P.L.JOB, S/O.P.K.LUKOSE, KIZHAKKETHOTTAM HOUSE, POONJAR P.O. BY ADV. SRI.K.G.ANIL BABU SRI.CYRIAC KURIAN SRI.P.C.HARIDAS SRI.ROJO J.THURUTHIPARA THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 17/03/2008, ALONG WITH WPC NO. 2956 OF 2005, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: PIUS C. KURIAKOSE, J. ======================= W.P.(C)NOS. 2956 OF 2005 & 12621 & OF 2007 ======================== DATED THIS THE 17th day of March 2008 JUDGMENT A copy of the decision taken by the Poonjar Grama Panchayath as decision No. VII(1) dated 23-2-2008 is shown to me by the learned counsel for the Panchayath. This copy of the decision will be placed on record in the case. In view of the above decision, both these writ petitions are disposed of in the light of that decision. PIUS C. KURIAKOSE, JUDGE ks CRMC -2- Mr.P.B.Suresh Kumar enters appearance for the 2nd respondent. Mr.T.M.Chandran enters appearance for the first respondent company, which sought to be liquidated. Mr. Chandran seeks time for filing counter. Mr.Suresh Kumar submits that there has been subsequent development to the institution of the company petition. The first respondent company has approached the 2nd respondent Bank for a settlement of the entire liability and have already paid Rs.1.5 crores and has assured to liquidate the entire liability by 29th June 2008. Mr.Chandran submits that till such time as counter is filed by the first respondent, the first respondent will not alienate the property which is described in Annexure-4. The above submission is recorded and in view of the above submission, there will be an order restraining the first respondent company from alienating the property in question for a period of two weeks. Post on 7-2-2008. ks.