IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM FRIDAY, THE 25TH MARCH 2011 / 4TH CHAITHRA 1933 WP(C).No. 7191 of 2011(Y) ---------------------------------------- PETITIONER(S): ------------------------- HI-REL ELECTRONICS REPRESENTED BY ITS MANAGING PARTNER,SAJEEV.S, VNRA-13 ROHINI,VISHUNAGAR KERALADHITYAPURAM, PAUDIKONAM P.O.,THIRUVANANTHAPURAM. BY ADV. SRI.M.R.SARIN RESPONDENT(S): ---------------------------- AUTHORISED OFFICER, STATE BANK OF INDIA L.HO ANEXURE, LM.S COMPOUND, TRIVANDRUM - 695 033. BY ADV. SRI. R.S. KALKURA, SC, SBI THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 25/03/2011,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Kss WPC.NO.7191/2011 Y APPENDIX PETITIONERS' EXHIBIT: P1: COPY OF DEMAND NOTICE DTD. 22/11/10 ISSUED BY THE RESPONDENT BANK. RESPONDENT'S EXHIBITS: N I L /TRUE COPY/ P.A.TO JUDGE Kss C.K.ABDUL REHIM, J. ------------------------------- W.P.(C).No.7191 of 2011 ------------------------------- Dated this the 25th day of March, 2011. J U D G M E N T Challenge in this writ petition is against Ext.P1 notice issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). Since the petitioner has got remedy to object such demand or to file any representation thereon and since the petitioner has got further remedy as provided under Section 17(1) to challenge steps if any taken under Section 13(4), it is not proper on the part of this Court to interfere. However, it is made clear that if the respondents has not initiated any further steps, any approach made by the petitioner against Ext.P1 shall be considered. The writ petition is dismissed subject to the above observations. C.K.ABDUL REHIM, Judge ami/