IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 30TH MAY 2008 / 9TH JYAISHTA 1930 WP(C).No. 16158 of 2008(W) -------------------------- SA.21/2008 of DEBT RECOVERY TRIBUNAL, ERNAKULAM .................... PETITIONER: ------------ T.K. ASSAINAR, S/O. UMMER, THORAKKATTIL HOUSE, P.O. VETTATHUR, MALAPPURAM DISTRICT. BY ADV. SRI.K.RAMAKUMAR (SR.) SRI.T.RAMPRASAD UNNI SMT.SARITHA DAVID CHUNKATH RESPONDENTS: ------------- 1. THE DEBTS RECOVERY TRIBUNAL, ERNAKULAM, THROUGH ITS REGISTRAR. 2. REGIONAL MANAGER, FEDERAL BANK, MISSION QUARTERS,THRISSUR-680 601. 3. MANAGER, FEDERAL BANK, ALANALLUR BRANCH, P.O. ALANALLUR, PALAKKAD DISTRICT. R1 BY ADV. SRI.P.PARAMESWARAN NAIR, ASST.SOLICITOR GENERAL R2 & R3 BY ADV. SRI.MOHAN JACOB GEORGE THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 30/05/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = WP(C).No.16158 of 2008-W = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 30th day of May, 2008. JUDGMENT 1.Petitioner filed a securitisation application before the Debts Recovery Tribunal. When that application came up for consideration on 11-3- 2008, the counsel for the petitioner made an endorsement on that application to the effect that payments could be made in terms of that endorsement. The Tribunal accordingly dismissed the securitisation application and granted relief to pay the amounts in instalments. It is stated that Ext.P2 dated 25-4-2008 is, thereafter, filed by the petitioner seeking review of Ext.P1 order. He also filed an application for stay of further proceedings against him on the basis of Ext.P1. 2.The complaint of the petitioner is that the WP(C)16158/2008 -: 2 :- application for review and stay have not been considered in spite of three postings on 28-4- 2008, 14-5-2008 and 21-5-2008. Today is only 30-5-2008 and the DRT having recorded a concession on behalf of the petitioner, I do not find any ground to pressurize for an early disposal, that too, by issuing a writ by this Court to compel expeditious consideration of the review application. Notwithstanding the above, it will be open to the petitioner to move the Tribunal for consideration of the stay petition or the review application. Without prejudice to such rights, this writ petition is dismissed. THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/040608