IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 3RD APRIL 2009 / 13TH CHAITHRA 1931 WP(C).No. 11072 of 2009(D) -------------------------- PETITIONER(S): --------------- V3 TELE SERVICE PVT.LTD., REP. BY ITS DIRECTOR, JAYAN CHARLS. BY ADV. SRI.T.RAJESH RESPONDENT(S): --------------- 1. UNION BANK OF INDIA, VI/345 BAZAR ROAD, P.B.NO.185, MATTANCHERRY. 2. AUTHORIZED OFFICER, UNION BANK OF INDIA, VI/345 BAZAR ROAD, P.B.NO.185, MATTANCHERRY. STANDING COUNSEL SRI. A.S.P. KURUP. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 03/04/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = W.P.(C).No.11072 of 2009- = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 3rd day of April, 2009. JUDGMENT The first respondent bank through the authorized officer took measure under the SARFAESI Act in relation to a loan transaction availed by the petitioner. The measure was challenged before the DRT and on 1st July, 2008, the DRT issued Ext.P1 order recording the submission of the applicants that the securitization application may be dismissed permitting the applicants to discharge the liability within two months. No amount was paid thereafter and on 24.3.2009, Ext.P2 sale notice has been issued. I do not find any jurisdictional error or legal infirmity in the impugned proceedings. The writ petition fails. The same is accordingly dismissed. Sd/- THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/060409