IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC TUESDAY, THE 25TH MARCH 2008 / 5TH CHAITHRA 1930 W.P(C).No. 9729 of 2008(G) --------------------------------- PETITIONER: -------------- JALALUDEEN, AGED 40 YEARS, S/O.A.K.MUHAMMED, KIZHAKKEDATHU HOUSE, KARAPPUZHA, ERUTHICAL, KOTTAYAM DISTRICT. BY ADV. SRI.C.RAJENDRAN RESPONDENTS: ----------------- 1. THE SENIOR MANAGER, UCO BANK, (GOVERNMENT OF INDIA UNDERTAKING) ALLEPPEY (0996) BRANCH, P.B.NO.4002, CELLUEN ROAD, ALLEPPEY 688011. 2. HABEEB, S/O.A.K.MUHAMMED, KIZHAKKEDATHU HOUSE, KARAPPUZHA, ERUTHICAL, KOTTAYAM DISTRICT. BY ADV. SRI. GEORGE K. VARGHESE, SC FOR BANK THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 25/03/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC, J. =============== W.P.(C) NO. 9729 OF 2008 G ==================== Dated this the 25th day of March, 2008 J U D G M E N T In this writ petition the challenge is against the proceedings initiated by the Bank under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. 2. On instructions, learned standing counsel for the Bank submits that the petitioner has deposited Rs.2.5 lakhs on 24/3/2008 and has undertaken to clear the entire arrears before 24/6/2008. It is stated that on this understanding, the Bank has agreed to defer further proceedings. In view of the above, recording the above submission this writ petition is closed. ANTONY DOMINIC,JUDGE. Rp