IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN THURSDAY, THE 15TH JANUARY 2009 / 25TH POUSHA 1930 WP(C).No. 37664 of 2008(H) -------------------------------------- PETITIONERS: --------------------- 1. K.THANKAPPAN ACHARI, S/O. KRISHNAN ACHARI, THIRUVONAM, T.C. 42/1133 (1), PONNARA NAGAR, MUTTATHARA, THIRUVANANTHAPURAM. 2. T.GEETHA, D/O. THANKAMMA, THIRUVONAM, T.C. 42/1133 (1), PONNARA NAGAR, MUTTATHARA, THIRUVANANTHAPURM. BY ADVS. SRI.M.R.ANANDAKUTTAN, SMT.M.HEMALATHA, SRI.R.S.MADHU, SRI.MAHESH ANANDAKUTTAN. RESPONDENTS: ----------------------- 1. THE AUTHORIZED OFFICER, K.S.C.B LTD., MEHALA OFFICE, THIRUVANANTHAPURAM. 2. KERALA STATE CO-OPERATIVE BANK LTD., REGIONAL OFFICE, OVER BRIDGE JUNCTION,THIRUVANANTHAPURAM. R1 & R2 BY ADV. SRI.NAGARAJ NARAYANAN,SC,K.S.CO-OP. BANK. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 15/01/2009,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: prv. THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = W.P.(C).No.37664 of 2008-H = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 15th day of January, 2009. JUDGMENT The first petitioner availed a loan from the second respondent. It is stated that it was in connection with the marriage of the daughter of the petitioners. On default in repayment, the bank has initiated action under the SARFAESI Act. There is no jurisdictional error or legal infirmity in the impugned proceedings. All that the petitioners seek is an opportunity to arrange for a private sale. Accordingly, this writ petition is ordered directing that further action on the basis of Ext.P1 will stand adjourned by a period of two months from now, to provide the petitioners a last opportunity to liquidate the outstandings. THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/160109