IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 6TH FEBRUARY 2009 / 17TH MAGHA 1930 WP(C).No. 3471 of 2009(L) ------------------------- PETITIONER(S): --------------- SHENO SEBASTIAN, LISSY COLLEGE, ALAVASSERY, POTHUNDI POTHUNDI PO., NENMARA, PALAKKAD. BY ADV. SRI.V.V.NANDAGOPAL NAMBIAR RESPONDENT(S): --------------- 1. MANAGER, UNION BANK OF INDIA, NENMARA BRANCH, PALAKKADU. 2. AHTORISED OFFICER, UNION BANK OF INDIA, PB.NO.123, SAKTHAN ARCADE, THRISSUR 3. UNION OF INDIA, REP. BY ITS SECRETARY FINANCE MINISTRY, CENTRAL SECRETARIATE, NEW DELHI. R1, R2 BY ADV.SRI.A.S.P.KURUP, S.C. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 06/02/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.3471 OF 2009 ------------------------------------------- Dated this the 6th day of February, 2009 JUDGMENT The petitioner availed a loan from the first respondent. SARFAESI Act proceedings have been taken against him. The petitioner claims the benefit of Ext.P2 circular. It is submitted by the bank that it has a Grievance Redressel Officer for the purpose of that notification and the petitioner has been listed as one eligible for concession to the extent of 25%. To avail such facility, the petitioner has to express his consent and remit 75% of the amounts, of which, the petitioner has not deposited the first two instalments. It is also offered by the bank that the petitioner can deposit both the instalments by 31.3.2009. Recording the above submissions, the petitioner is directed to appear before the first respondent and comply with the conditions of the order of the Grievance Redressel Officer if he wish to avail the benefit of the order. For this, the petitioner shall appear before the first respondent on 25.2.2009 and file an affidavit in that regard. On the basis of that, the impugned sale will stand deferred and would then be regulated on the basis of WPC.3471/09 Page numbers the payments that the petitioner would make in terms of this judgment. The writ petition is ordered accordingly. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge. kkb.9/2.