IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH FRIDAY, THE 27TH MARCH 2009 / 6TH CHAITHRA 1931 WP(C).No. 9827 of 2009(W) ------------------------- PETITIONER(S): --------------- N.RAJAMANI AMMA, AGED 75,RAJ CASHEW COMPANY, C/O.K.J.P.GROUP COMPANIES,VASANTHA VIHAR, KOCHUPILAMOOD, KOLLAM. BY ADV. SRI.T.M.CHANDRAN RESPONDENT(S): --------------- 1. THE RECOVERY OFFICER,OFFICE OF THE RECOVERY OFFICER,DEBTS RECOVERY TRIBUNAL(KERALA & LAKSHADWEEP)8TH FLOOR, K.S.H.B.BUILDING, PANAMPILLY NAGAR, KOCHI-36. 2. INDIAN OVERSEAS BANK,MUSALIAR BUILDING, CHINNAKKADA, KOLLAM REPRESENTED BY SENIOR MANAGER. ADV. SRI.P.B.SURESH KUMAR, SC,I.O.BANK FOR R2 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 27/03/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M. JOSEPH, J. ```````````````````````````````````````````````````` W.P.(C) No. 9827 OF 2009 W ```````````````````````````````````````````````````` Dated this the 27th day of March, 2009 J U D G M E N T Petitioner challenges Ext.P1. By Ext.P1, sale is ordered to recover Rs.27 crores from the petitioner. The petitioner approached the Bank. The Bank passed Ext.P3 by which the petitioner was called upon to deposit Rs.3 crores before 25.3.2009. 2. I heard learned counsel for the petitioner Sri.T.M.Chandran and learned standing counsel. The total amount due is Rs.27 crores. The transaction was more than 25 years ago. The Bank apparently permitted the petitioner to pay Rs.3 crores as a condition for releasing the property. Having regard to the facts, I see no merit in the writ petition. Hence, writ petition fails and it is dismissed. (K.M.JOSEPH, JUDGE) aks