IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 28TH NOVEMBER 2008 / 7TH AGRAHAYANA 1930 WP(C).No. 26688 of 2008(B) -------------------------- SA.151/2008 of DEBT RECOVERY TRIBUNAL, ERNAKULAM .................... PETITIONER(S): -------------------------- MURUKESH @ MURUKESAN.K, VATTAVILA VEEDU, PARASSALA.P.O, THIRUVANANTHAPURAM DISTRICT. BY ADV. SRI.S.SOMAN RESPONDENT(S): ---------------------------- 1. THE KERALA STATE CO-OPERATIVE BANK LTD, MEDICAL COLLEGE BRANCH, THIRUVANANTHAPURAM REPRESENTED BY ITS BRANCH MANAGER. 2. THE AUTHORISED OFFICER,REGIONAL OFFICE, THE KERALA STATE CO-OPERATIVE BANK, OVER BRIDGE JUNCTION, THIRUVANANTHAPURAM. ADV. SRI. NAGARAJ NARAYANAN, SC, KSCO-OP.BANK FOR R1&R2 THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 28/11/2008,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Kss WPC.NO.26688/2008 B APPENDIX PETITIONER'S EXHIBITS: EXT.P1: COPY OF THE NOTICE DTD. 5/08/2008 SERVED TO THE MOTHER OF THE PETITIONER. EXT.P2: COPY OF THE NOTICE DTD. 13/08/2008 WITH ACKNOWLEDGEMENT RECEIPT DTD. 14/08/2008 OF 2ND RESPONDENT. EXT.P3: COPY OF S.A.NO.151/2008 PENDING BEFORE THE DEBTS RECOVERY TRIBUNAL, ERNAKULAM. RESPONDENT'S EXHIBITS: N I L /TRUE COPY/ P.S.TO JUDGE Kss THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = W.P.(C).No.26688 of 2008-B = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 28th day of November, 2008. JUDGMENT Ext.P3 securitisation application is pending before the Debts Recovery Tribunal. It has been stated today that the DRT, K & L is to have a regular officer in a short time. Not only that, there is a Presiding Officer holding charge of that Tribunal even now, though on temporary basis. The learned counsel for the petitioner also states that the petitioner will be able to pay off the entire outstandings by March, 2009. This is also recorded. Accordingly, the interim order of stay granted in this case awaiting regular sitting of the DRT is made absolute and this writ petition is ordered directing consideration of Ext.P3 application in accordance with law, however that, no stay order will be issued to be operative beyond 31-3-2009. All other contentions are left open. THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/281108