Valsala.T vs State Bank Of Travancore Rep By Its on 7 December, 2009

       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C).No. 33746 of 2009(K)


1. VALSALA.T,V.P.NIVAS,PERUMPUZHA.P.O,
                      ...  Petitioner
2. PANKAJAKSHAN.K,V.P.NIVAS,PERUMPUZHA.PO,

                        Vs



1. STATE BANK OF TRAVANCORE REP BY ITS
                       ...       Respondent

2. THE AUTHORISED OFFICER,CHIEF MANAGER

                For Petitioner  :SRI.K.SANIL KUMAR

                For Respondent  : No Appearance

The Hon'ble MR. Justice C.K.ABDUL REHIM

 Dated :07/12/2009

 O R D E R
                         C.K.ABDUL RAHIM J.
                  -----------------------------
                    W.P(C) No. 33746 of 2009-K
                 ------------------------------
              Dated this the 7th day of December, 2009.

                            J U D G M E N T

It is submitted by both sides that a proposal submitted by the

petitioner for settlement of the account is under consideration of

the respondent bank and the petitioner had already remitted an

amount of Rs.3,30,000/-. Under the above circumstances, the writ

petition is sought to be withdrawn, reserving liberty of the petitioner

to challenge further proceedings under the SARFESI Act, if initiated

by the respondent.

The writ petition is accordingly closed without prejudice to the

right of the petitioner as stated above.

C.K.ABDUL RAHIM
JUDGE

ab