IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 31ST OCTOBER 2008 / 9TH KARTHIKA 1930 WP(C).No. 30737 of 2008(H) -------------------------- PETITIONER(S): --------------- R.K.KUMAR, PRESIDENT, PARENT TEACHERS ASSOCIATION, SAI KRISHNA PUBLIC SCHOOL, CHENKAL POST, TRIVANDRUM-695 132. BY ADV. SRI.AJITH KRISHNAN RESPONDENT(S): --------------- 1. STATE BANK OF INDIA, REPRESENTED BY REGIONAL MANAGER/AUTHORISED OFFICER, L.M.S.COMPOUND, TRIVANDRUM 695 033. 2. BRANCH MANAGER, STATE BANK OF INDIA, KOTTUKAL, TRIVANDRUM. 3. B.PRASAD, MANAGER, SAI KRISHNA PUBLIC SCHOOL, CHENKAL, TRIVANDRUM - 695 132. R1, R2 BY ADV.SRI.K.K.CHANDRAN PILLAI, S.C. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 31/10/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.30737 OF 2008 ------------------------------------------- Dated this the 31st day of October, 2008 JUDGMENT The petitioner claims that he is the President of the Parents Teachers Association of a school, the building and premises of which is subject of the securitisation proceedings on account of default in repayment of a loan availed by the owner of the school. By Ext.P2 judgment, the owner of the school has moved this Court and obtained an order agreeing to repay the entire amount in three instalments. He defaulted payment of even the first instalment. The bank has accordingly taken possession. I do not find it necessary to interfere at the instance of the President of the PTA. The impugned proceedings can, therefore, go on. Rejecting that contention, it is ordered that if the petitioner or the PTA wants to have the school run, they have to approach the bank and would do so if the bank consents and on such terms as the bank may fix. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge. kkb.