IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN TUESDAY, THE 18TH JANUARY 2011 / 28TH POUSHA 1932 WP(C).No. 922 of 2011(M) ------------------------ PETITIONER(S): --------------- T.K.VALSALA, RESIDING AT J.V.COTTAGE, KATTACHALKUZHI.P.O., KOTTUKAL VILLAGE, NEYYATTINKARA TALUK, THIRUVANANTHAPURAM DISTRICT. BY ADV. SRI.A.B.MOHANAKUMAR RESPONDENT(S): --------------- 1. THE AUTHORIZED OFFICER (CHIEF MANAGER), STATE BANK OF TRAVANCORE, REGION 2, ZONAL OFFICE, K.S.H.B. BUILDING, SHANTINAGAR,THIRUVANANTHAPURAM. PIN-695 001. 2. THE MANAGER, SBT, POOVACHAL BRANCH, THIRUVANANTHAPURAM, PIN-695 001. ADV.R.S.KALKURA, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 18/01/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: S.SIRI JAGAN, J. ================== W.P.(C).No. 922 of 2011 ================== Dated this the 18th day of January, 2011 J U D G M E N T The petitioner challenges proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, for recovery of the amounts due from the petitioner to the respondent bank in repayment of the loan amounts advanced by the bank. The learned counsel for the bank submits that proceedings have been initiated after issuing Section 13(2) notice and possession has already been taken by the bank pursuant to the orders of the Chief Judicial Magistrate's Court under Section 14 of the Act. It is settled law that ordinarily this Court shall not entertain challenge against the proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, and the parties should be relegated to the remedy by way of appeal before the DRT. In the above circumstances, this writ petition is dismissed without prejudice to the right of the petitioner to approach the DRT, if she can do so at this point of time. Sd/- sdk+ S.SIRI JAGAN, JUDGE ///True copy/// P.A. to Judge 2