IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE N.NAGARESH WEDNESDAY, THE 12^TH DAY OF JUNE 2024 / 22ND JYAISHTA, 1946 WP(C) NO. 720 OF 2024 PETITIONER: ABDUL NAZAR AGED 50 YEARS S/O.ERAMMU, KATTIKULANGARA HOUSE, PULLANGODE.P.O, SRAMBIKKALLU, CHEKKODE, KALIKAVU, MALAPPURAM DISTRICT, PIN – 676525 BY ADVS.

V.T.MADHAVANUNNI V.A.SATHEESH RESPONDENTS:

1 NILAMBUR CO-OPERATIVE URBAN BANK LTD.

KALIKAVU BRANCH, KALIKAVU.P.O, MALAPPURAM DISTRICT, REPRESENTED BY ITS BRANCH MANAGER, PIN - 676525

2 THE AUTHORISED OFFICER THE NILAMBUR CO-OPERATIVE URBAN BANK LTD., KALIKAVU BRANCH, KALIKAVU.P.O, MALAPPURAM DISTRICT, PIN – 676525 BY ADVS.

RAMESH BABU T C.K.SREEJITH(K/2048/1999)

RANI N.(K/3598/2023)

S.VEENA(K/2403-A/2019)

THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON

12.06.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

JUDGMENT

Dated this the 12^th day of June, 2024 The petitioner has approached this Court aggrieved by the coercive proceedings for recovery of financial advance made by the Nilambur Co-operative Urban Bank Limited to the petitioner, invoking the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Int