IN THE HIGH COURT OF KERALA AT ERNAKULAM
WP(C) No. 8800 of 2007(V)
1. S.MOHAN, S/O V.SREEDHARAN,
... Petitioner
2. MR. SHEELA MOHAN, W/O S.MOHAN,
Vs
1. THE STATE BANK OF INDIA,
... Respondent
For Petitioner :SRI.GOVIND K.BHARATHAN
For Respondent :SRI.R.S.KALKURA
The Hon'ble MR. Justice ANTONY DOMINIC
Dated :11/02/2008
O R D E R
ANTONY DOMINIC, J.
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W.P.(C) 8800 of 2007
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Dated: February 11, 2008
JUDGMENT
In this writ petition filed challenging the proceedings initiated
under the Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002, conditional interim
orders were passed and it is not in dispute that none of those
orders have been complied with even as on today. By the order dt.
14.1.2008 the Bank was permitted to take symbolic possession and
four weeks time also was granted to the petitioners to vacate. Even
today the position remains that no payment has been made. In
view of this I do not think that there is any scope for showing
further leniency to the petitioners. On merits also I do not find that
there is any substance in the challenge raised against the
proceedings by the bank. The petitioners being confessed
defaulters, the bank cannot be faulted for the action it has taken.
Writ petition has only to be dismissed and I do so.
ANTONY DOMINIC, JUDGE
mt/-