IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC WEDNESDAY, THE 9TH APRIL 2008 / 20TH CHAITHRA 1930 W.P(C).No. 11203 of 2008(H) ---------------------------------- PETITIONER: -------------- P.V.RAVEENDRAN, PROPRIETOR, ROSHMA JEWELLERY, P.P.NO.III/435-C, PANOOR JUNCTION, PANOOR, RESIDING AT KULLARIKANDIAYIL, THALASSRRY VIA, P.O.PANOOR. BY ADV. SRI.P.M.HABEEB RESPONDENTS: ----------------- 1. THE AUTHORISED OFFICER & CHIEF MANAGER, UNION BANK OF INDIA, REGIONAL OFFICE, KSHB COMPLEX, VIKAS NAGAR, CHAKKORATHKULAM, KOZHIKODE-6. 2. DISTRICT COLLECTOR, COLLECTORATE, KANNUR. 3. V.P.KUNJAISHU, AGED 68 YEARS, W/OLATE KADHER, RESIDING AT 'SHAHNAZ MANZIL', C.P.ROAD, CHOKKLI P.O. BY ADV. SRI. ASP KURUP, SC UBI GOVT. PLEADER, SRI. I.V. PRAMOD THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 09/04/2008, ALONG WITH 12163/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC, J. = = = = = = = = = = = = = = = = = W.P.(C) Nos. 11203 & 12163 OF 2008 = = = = = = = = = = = = = = = = = Dated this the 9th April, 2008. J U D G M E N T The writ petitions are filed by tenants of a commercial building which is mortgaged to the respondent bank and the 3rd respondent is the landlord. Proceedings have been initiated by the bank under the Securitization Act and the tenants are facing eviction. At this state these writ petitions have been filed. 2. On behalf of the landlord a submission has been made before me that the entire amount that is due to the Bank will be cleared within two months from today and this submission is recorded. 3. Counsel for the bank agrees that the petitioners will not be evicted and that in the meanwhile, the rent payable to the landlord should be remitted to the bank directly. Both the petitioners as also the landlord agree to this. 4. Recording the aforesaid submissions and directing that in the event of default in complying with the conditions undertaken by either of the parties, it will be open to the bank to proceed with the matter, these writ petitions are disposed of. ANTONY DOMINIC JUDGE jan/-