JUDGMENT :

Muralee Krishna S., J.

1. This writ appeal is filed under Section 5(i) of the KERALA HIGH COURT ACT , 1958, by the petitioners in W.P.(C)No.4550 of 2024, dissatisfied by the judgment dated 27.11.2024, passed in that writ petition, whereby, the learned Single Judge disposed of the writ petition with a direction to the appellants to pay an amount of Rs.4,00,000/- to the Bank on or before 20.01.2025 and further directing that if the appellants make the payment as directed, both the loan accounts of the appellants shall be closed and the Bank shall issue No Due Certificate to the appellants and will hand over the title documents of secured assets.

2. According to the appellants, the 1^st appellant is engaged in the business of selling pooja items, and the 2^nd appellant is a Government Employee, who is working as Librarian at Ayurveda College, Kannur. The 1^st appellant availed a loan of Rs.9,75,000/- and the 2^nd appellant availed an overdraft facility loan, renewable every year, of Rs.16,00,000/- from the Kerala State Co-operative Bank Ltd., Pallickathodu Branch in the year 2016 for the purpose of development of business and construction of their house. The 1^st appellant is the g