J U D G M E N T

Notice to the respondents have been duly served except the 4^th respondent and he has been deleted from the party array as per order dated 17.01.2024 in I.A. No. 1/2024.

2. Petitioner is a public sector bank. The 4^th respondent along with his wife availed a housing loan of Rs. 30,000,00/- from the Pattambi Branch of the petitioner Bank, and to secure the due repayment of the outstandings in the credit facility, an equitable mortgage was created on 21.08.2013 in respect of the property having an extent of 4.53 ares comprised in Sy.No. 4/8 of Pattambi Village, Ottapalam Taluk, Palakkad District together with building and other structures covered by Sale Deed No. 144/1/2013 of Pattambi SRO in favour of the petitioner Bank. Subsequently there was default in repayment of the amount, and SARFAESI proceedings were initiated. Ultimately the mortgaged property was sold to the 5^th respondent on 23.08.2023 and Ext.P5 sale certificate was issued by the authorised ofÏcer of the petitioner in favour of the 5th respondent as is e