J U D G M E N T

The petitioner in this original petition is the second petitioner in WP(C) No. 6144 of 2007 which is already disposed of by this Court 19-9-2008 by common judgment in writ petition Nos. 6144 of2007 and 5128 of 2008. The case of the petitioner is that she is a non-resident Indian owning landed property in Ernakulam and Cannanore Districts. Her husband Sri.Sebastian Chokkattu (first petitioner in WP(C) No. 6144 of 2007) was the Director of Trend Setters Group of Companies in the Special Economic Zone, Kakkanad, Kochi. It is stated that some of the companies in the group are facing winding up proceedings before this Court. Due to labour unrest all the companies in the group are now under lock out. Before the winding up proceedings started the companies in the Trend Setters Group had availed term loan from the first respondent KSIDC. Besides the assets of the companies certain properties belonging to the petitioner and her husband were offered as collateral security for the loan taken by the companies. The details of those properties seven items in number extending to a total of 4 acres 4 cents and 7 sq. links are mentioned in paragraph (2) of the writ petition. Accordi