IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 23RD FEBRUARY 2011 / 4TH PHALGUNA 1932 WP(C).No. 3409 of 2011(A) -------------------------------- CMP.366/2010 of C.J.M.,TRIVANDRUM .................... PETITIONER(S): ------------------- 1. V.S.RAJESH, PROP. M/S.SREE KRISHNA ENTERPRISES, HARI GORWI, MD4/272(B) SREE KRISHNA GARDEN, MALAYINKEEZHU, TRIVANDRUM. 2. P.K.NANDAKUMAR, PROP. M/S.KRISHNAMATHI INDUSTRIES, HARI GORWI, MD4/272(B) SREE KRISHNA GARDEN, MALAYINKEEZHU, THIRUVANANTHAPURAM. BY ADVS. SRI.M.RAMASWAMY PILLAI SRI.P.M.JOSEPH RESPONDENT(S): -------------------- 1. THE BANK OF INDIA, P.T.P.NAGAR BRANCH, TRIVANDRUM REPRESENTED BY ITS BRANCH MANAGER PIN - 695001. 2. THE AUTHORIZED OFFICER, BANK OF INDIA, MAIN BRANCH, TRIVANDRUM-695001. R1,2 BY ADV. SRI.P.P.JOYI, SC. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 23/02/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: svs C.K.ABDUL REHIM, J. ------------------------------- W.P.(C).No.3409 of 2011 ------------------------------- Dated this the 23rd day of February, 2011. J U D G M E N T In view of the effective alternative remedy available, this Court was not inclined to entertain this writ petition. However, dispossession of the petitioner from the property pursuant to the proceedings initiated under section 14(1) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) was stayed, subject to condition of the petitioner remitting a sum of ` 6 lakhs within 2 weeks from 4.2.2011. It is conceded that the stipulation has not so far been complied with. Hence I am not inclined to entertain this writ petition any further. The writ petition is accordingly dismissed. C.K.ABDUL REHIM, Judge ami/