IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR TUESDAY, THE 2ND JANUARY 2007 / 12TH POUSHA 1928 WP(C).No. 141 of 2007(P) ------------------------------------- PETITIONER: --------------------- RISON V.T. AGED 70, S/O.THOMAS, VALIYAVEETTIL HOUSE, PALAYAMPARAMBU P.O. ANNAMANADA, THRISSUR DISTRICT. BY ADV. SRI.G.SREEKUMAR (CHELUR) RESPONDENTS: ------------------------ 1. THE UNION BANK OF INDIA, REPRESENTED BY ITS MANAGER, UNION BANK BHAVAN, M.G.ROAD, ERNAKULAM 682 035. 2. THE DISTRICT COLLECTOR, COLLECTORATE, AYYANTHOLE, THRISSUR. 3. THE TAHSILDAR, MUKUNDPAURAM TALUK OFFICE, IRINJALAKUDA P.O. THRISSUR DISTRICT. BY STANDING COUNSEL SRI.A.S.P.KURUP THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02/01/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR, J. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - W.P.(C)NO.141 OF 2007 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Dated this the 2nd day of January 2007 JUDGMENT Heard counsel for petitioner and Standing Counsel Sri.A.S.P.Kurup for Union Bank of India. 2. Petitioners have undertaken to clear the arrears due to the Bank on or before 30th April 2007. The undertaking is recorded and writ petition is disposed of directing the Bank to withhold proceedings initiated under the Securitisation Act till 30th April 2007. However, if petitioners violate undertaking and fail to make payment, there will be a direction to petitioners to vacate from the premises and hand over the premises free of possession to the Bank on 1st May 2007 itself failing which the Bank can move this court for contempt as time is granted on undertaking given to the court. Writ petition is disposed of as above. C.N.RAMACHANDRAN NAIR, JUDGE jes