IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM TUESDAY, THE 24TH MAY 2011 / 3RD JYAISHTA 1933 WP(C).No. 12284 of 2011() ------------------------- PETITIONER(S): --------------- 1. P.S.PRASAD, HARIKRISHNA, SARKARA, CHIRAYINKEEZHU.P.O, TRIVANDRUM-695 304. 2. DURGA PRASAD, W/O.P.S.PRASAD, HARIKRISHNA, SARKARA, CHIRAYINKEEZHU.P.O, TRIVANDRUM-695 304. BY ADV. DR.K.P.SATHEESAN SRI.K.K.GOPINATHAN NAIR SRI.P.MOHANDAS (ERNAKULAM) SRI.M.R.JAYAPRASAD SRI.MATHEW SUNNY SRI.ANOOP.V.NAIR RESPONDENT(S): --------------- 1. STATE BANK OF TRAVANCORE REP:BY ITS CHIEF MANAGER,CHIRAYINKEEZHU BRANCH, CHIRAYINKEEZHU-695 304. 2. CHIEF MANAGER, STATE BANK OF TRAVANCORE, CHIRAYINKEEZHU BRANCH, CHIRAYINKEEZHU-695 304. BY ADV.SRI.BIJOY CHANDRAN, GOVERNMENT PLEADER THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 24/05/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ami/ C.K.ABDUL REHIM, J. ------------------------------- W.P.(C).No.12284 of 2011 ------------------------------- Dated this the 24th day of May, 2011. J U D G M E N T Considering the effective statutory remedy available, this Court was not inclined to interfere with the proceedings. However, as a gesture of indulgence, dispossession was stayed subject to condition of the petitioner remitting a sum of Rs.7,50,000/- (Rupees seven lakhs fifty thousand only) on or before 30.4.2011. According to learned counsel for the petitioners, the petitioners could not comply with the conditions. But it is submitted that on the basis of approach made by the petitioners, the respondent Bank had agreed to refrain from further coercive steps, if the petitioners make payment of the amounts stipulated, on or before 3.6.2011. However, learned standing counsel appearing for the respondent Bank submits that he has no instructions regarding any such relaxation granted. 2. Considering the failure to comply with the 2 W.P.(C).No.12284 of 2011 conditions, I am not inclined to entertain this writ petition any further. However, dismissal of this writ petition will not stand in the way of the respondents showing any indulgence in relaxing the time limit stipulated or in arriving in any settlement with respect to payment of the arrears. In the result, this writ petition is dismissed subject to the above observations. C.K.ABDUL REHIM, Judge ami/