IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 1ST JUNE 2011 / 11TH JYAISHTA 1933 WP(C).No. 11328 of 2011(M) ---------------------------------- PETITIONER(S): ------------------- RAMLA BEEVI, RESIDING AT 729, SAGARA HOUSE, MANANAKKU, PERUNGULAM.P.O, THIRUVANANTHAPURAM DISTRICT. BY ADVS. SRI.P.K.MUHAMMED SRI.S.VIJI RESPONDENT(S): -------------------- 1. THE CHIEF MANAGER (AUTHORISED OFFICER), STATE BANK OF INDIA BRANCH, R.A.C.P.C, L.H.O ANNEX, L.M.S COMPOUND, THIRUVANANTHAPURAM - 695 033. 2. ASSISTANT GENERAL MANAGER, STATE BANK OF INDIA BRANCH R.A.C.P.C L.H.O ANNEX, L.M.S COMPOUND, THIRUVANANTHAPURAM - 695 033. R1 & R2 BY ADV. SRI.GEORGE THOMAS(MEVADA), SC, SBI THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 01/06/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: svs C.K.ABDUL REHIM, J. --------------------------------------- W.P.(C) No. 11328 OF 2011 --------------------------------------- Dated this the 1st day of June 2011. J U D G M E N T Considering the fact that alternative remedy available under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFA Act), this court was not inclined to entertain this writ Petition. However, as a gesture of indulgence, dispossession and sale of property was stayed subject to condition of the petitioner remitting a sum of Rs. 3 lakhs in two equal instalments on or before 30.4.2011 and on or before 25.5.2011. 2. It is conceded that the petitioner had failed to comply with the conditions stipulated. Under such circumstance, I am not inclined to W.P.(C) No. 11328 of 2011 2 entertain this Writ Petition any further. However, the petitioner will be at liberty to seek appropriate statutory remedy if any, available under law or to take steps to save the property from being sold by settling the accounts seeking installment facility or one time settlement from the respondent. Accordingly this Writ Petition is dismissed without prejudice to the rights of the petitioner as mentioned above. C.K.ABDUL REHIM JUDGE al