IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN FRIDAY, THE 8TH JULY 2011 / 17TH ASHADHA 1933 WP(C).No. 38057 of 2007(E) ---------------------------------------- PETITIONER(S): ----------------------- SHOBA RAVINDRAN, AGED 42, W/O. RAVINDRAN, AIKKANALIL HOUSE, KARIKKATTUMURI, MULAKKULAM VILLAGE, VAIKKOM TALUK, KOTTAYAM DISTRICT. BY ADV. SRI.BABU JOSEPH KURUVATHAZHA, SRI.K.I.SAGEER. RESPONDENT(S): --------------------------- THE KADUTHURUTHI URBAN CO-OPERATIVE BANK LTD. NO.K.399, HEAD OFFICE, KADUTHURUTHI, REPRESENTED BY ITS SECRETARY. BY ADV. SRI.VARGHESE C.KURIAKOSE, SRI.ADEEP ANWAR. THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 08/07/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: rs WP(C).No. 38057 of 2007(E) APPENDIX PETITIONER'S EXHIBITS: EXT.P1; COPY OF THE AWARD IN ARC NO.2869/2003 DATED 01/03/2005. EXT.P2: COPY OF THE RECEIPT DATED 27/01/2005. EXT.P3: COPY OF THE NOTICE PUBLISHED IN MANGALAM DAILY DATED 14/12/2007. RESPONDENT'S EXHIBITS: EXT.R1(a): COPY OF THE OBJECTION FILED BY THE PETITIONER DATED 20/10/2010. EXT.R1(b): COPY OF THE JUDGMENT IN WP(C) NO. 4254/2010 DATED 08/09/2010 PASSED BY THE HONOURABLE HIGH COURT. EXT.R1(c): COPY OF THE NOTICE ISSUED BY THE RESPONDENT BANK DATED 01/10/2010. //TRUE COPY// P.S. TO JUDGE rs S. Siri Jagan, J. =-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-=-= W.P(C) No. 38057 of 2007 =-=-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-= Dated this, the 8th day of July, 2011. J U D G M E N T This writ petition is filed challenging proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security interest Act, 2002. This writ petition was admitted on 19.12.2007 and the following interim order was passed: “There will be interim stay as prayed for, for a period of three months on condition that the petitioner deposits an amount of Rs.2,00,000/- at or before the time fixed for sale and continues to remit at the rate of Rs. 2,00,000/- per month, payable on or before the 25th of every month, commencing from January, 2008. If there is default in remitting amounts as aforesaid, the benefit of this order shall stand vacated automatically.” By this time, the interim order has worked itself out. If the petitioner has not complied with the interim order, the order stands vacated and nothing further remains to be done in this case. Accordingly, this writ petition is closed. Sd/- S. Siri Jagan, Judge. Tds/