IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM MONDAY, THE 14TH MARCH 2011 / 23RD PHALGUNA 1932 WP(C).No. 2131 of 2011(N) --------------------------------------- PETITIONER(S): ------------------------ PRASANNAN, S/O.YESODHARAN, AGED 38 YEARS, ANCHUCHIRAYIL HOUSE, PALLANA P.O., THRIKKUNNAPUZHA, ALAPPUZHA, PIN-690 515. BY ADVS. SRI.K.S.HARIHARAPUTHRAN, SRI.GEORGE MATHEW, SMT.K.V.RAMYA. RESPONDENT(S): --------------------------- 1. UNION BANK OF INDIA, MAVELIKKARA BRANCH, REPRESENTED BY ITS MANAGER, PIN-690 101. 2. AUTHORISED OFFICER, UNION BANK OF INDIA, REGIONAL OFFICE, THIRUVANANTHAPURAM, PIN-695 001. R1 & R2 BY ADV. SRI. A.S.P. KURUP, SC,UNION BANK OF INDIA THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 14/03/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Kss C.K.ABDUL REHIM, J. ------------------------------------------- W.P.(C).No.2131 of 2011 ------------------------------------------- Dated this the 14th day of March, 2011 J U D G M E N T ---------------------- Considering the fact that the proceedings was only at the stage of demand issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) this court was not inclined to entertain this writ petition. However, on the basis of an appeal made by the learned counsel for the petitioner offering payment of part of the amounts due, dispossession was stayed subject to condition of the petitioner remitting a sum of Rs.2 lakhs on or before 10.2.2011. It is noticed that the petitioner has not fully complied with the condition. Accoring to the learned counsel for petitioner he had no instructions to seek any enlargement of time also. W.P.(C) No.2131/2011 -2- 2. Under the above circumstances the writ petition is dismissed. However, liberty of the petitioner to approach the Bank offering payments as well as rights if any to invoke statutory remedy against any further steps will stand reserved. Sd/- C.K.ABDUL REHIM, JUDGE. okb True copy P.A to Judge