IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN MONDAY, THE 2ND JULY 2007 / 11TH ASHADHA 1929 WP(C).No. 18472 of 2007(Y) ------------------------------------ PETITIONER: ------------------ V.T.ALIAS, VAIPEL HOUSE, VADAKARA P.O., THALAYOLAPPARAMBA, KOTTAYAM DIST. BY ADV. SRI.ABRAHAM VAKKANAL SRI.PAUL ABRAHAM VAKKANAL SRI.BIJIMON C.CHERIAN SRI.LOWEL CHERIAN SMT.K.S.SUMITHA RESPONDENTS: ----------------------- 1. THE BRANCH MANAGER, UNION BANK OF INDIA, EDAKOCHI BRANCH, PAMPAIMOOLA, KOCHI- 682 006. 2. THE AUTHORISED OFFICER & CHIEF MANAGER, (COCHIN BRANCH), UNION BANK OF INDIA, EDAKOCHI BRANCH, PAMPAIMOOLA, KOCHI- 682 006. BY ADV. SRI.A.S.P.KURUP, SC, UBI GOVERNMENT PLEADER SRI. I.V. PRAMOD THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02/07/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: S. SIRI JAGAN, J. ------------------------------------ W.P.(C)NO.18472 OF 2007 --------------------------------------- DATED THIS THE 2nd DAY OF JULY, 2007 JUDGMENT The petitioner has approached this Court aggrieved by the proceedings for sale under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002. The petitioner's apprehension was that the respondents bank may fix the upset price at much less than the actual value of the land in question. The learned standing counsel submits that the upset price is fixed at Rs.38 lakhs. The petitioner is satisfied with the same and accordingly, the writ petition is closed. If the petitioner has any other grievance he may approach the bank for appropriate clarifications in the matter. S. SIRI JAGAN, JUDGE Acd