IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC MONDAY, THE 4TH FEBRUARY 2008 / 15TH MAGHA 1929 WP(C).No. 2179 of 2008(H) ------------------------- PETITIONER: ------------ P.K.CHANDRAN, S/O.KOPPAN, PULIYAKKATTIL HOUSE, URAKOM P.O., PIN - 680 562, CHERPU SUB DISTRICT, THRISSUR DISTRICT. BY ADV. SMT.E.V.MOLY RESPONDENTS: ------------- THE BRANCH MANAGER, URAKAM STATE BANK OF TRAVANCORE, CHERPU SUB DISTRICT, THRISSUR DISTRICT (CODE-2021). BY ADV. SRI.M.PATHROSE MATTHAI (SR.) SRI.SAJI VARGHESE THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 04/02/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC, J. ------------------------------------ W.P.(C) 2179 of 2008 ------------------------------------- Dated: February 4, 2008 JUDGMENT The petitioner is a defaulter to the respondent bank. It is stated that proceedings have been initiated under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and Ext.P2 notice has been issued under sec.13 (2) of the said Act. It is challenging Ext.P2 that this writ petition has been filed. 2. On behalf of the bank a statement has been filed and it is stated that on account of the chronic default that was committed in 2004, the account in question has been classified as NPA. It is stated that as at present more than Rs.3,09,000/- is due from the petitioner. 3. As can be seen from Ext.P2 itself, only a notice is issued under sec.13(2) of the Act. If the petitioner has any contention against Ext.P2, it is for the petitioner to file a reply to Ext.P2 and thereafter the bank will consider the same. Leaving it open to the WP(C) 2179/08 Page numbers petitioner to do so, this writ petition is disposed of. It is clarified that if the petitioner declines to file a reply to Ext.P2, the same shall be dealt with in accordance with the said Act. ANTONY DOMINIC, JUDGE mt/-