IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN THURSDAY, THE 2ND APRIL 2009 / 12TH CHAITHRA 1931 WP(C).No. 10136 of 2009(J) -------------------------- PETITIONER(S): --------------- AMBILY G. PROPRIETOR, THRIPTHY FLAMES, THAMARASSERY COMPLEX, MUTTAMBALAM, P.O., KOTTAYAM 686 004, RESIDING AT INDEEVARAN, NEDUMKUNNAM P.O., KOTTAYAM BY ADV. SRI.SURIN GEORGE IPE RESPONDENT(S): --------------- STATE BANK OF TRAVANCORE, REPRESENTED BY ITS CHIEF MANAGER, SME BRANCH, SASTHRI ROAD, KOTTAYAM -1 BY SC SANTHOSH MATHEW THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02/04/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B RADHAKRISHNAN, J ........................................... WP(C).NO. 10136 OF 2009 ............................................ DATED THIS THE 2ND DAY OF APRIL, 2009 JUDGMENT The petitioner is a defaulter to the respondent. Three loan transactions for a commercial purpose was not repaid in time. This has resulted in impugned action under the SARFAESI Act for a total amount of around Rs.8,97,243/- with interest and other accruals thereon from 1.7.2008. Hoping that the petitioner would find ways and means to wipe off the entire outstandings, an interim order was issued deferring further action on payment of Rs.1,00,000/- by 31.3.2009. This was not done. It is stated that this morning, the petitioner has deposited an amount of Rs.25,000/-. The bank shall receive the same and give due credit. Without prejudice to the contentions of the petitioner and rights if any to seek statutory relief, this writ petition is dismissed. THOTTATHIL B RADHAKRISHNAN, JUDGE lgk/3/4