IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE GOPINATH P.

FRIDAY, THE 14^TH DAY OF MARCH 2025 / 23RD PHALGUNA, 1946 WP(C) NO. 8865 OF 2025 PETITIONER/S:

SUBASH.V, AGED 49 YEARS, S/O.SREEDHARAN, VIROOTHIYIL HOUSE , VERUR, KOTTIKUNNU, KALADY POST, PONNANI TALUK, MALAPPURAM DISTRICT, PIN - 679582 BY ADVS.

R.SREEHARI HAMZA A.V.

APARNA M.P.

CIBY PAUL RESPONDENT/S:

1 THE KERALA STATE CO-OPERATIVE BANK LIMITED, HEAD OFFICE, COBANK TOWERS, P.B.NO.6515, VIKAS BHAVAN POST, PALAYAM , THIRUVANANTHAPURAM DISTRICT, REPRESENTED BY ITS MANAGING DIRECTOR, PIN - 695033

2 THE KERALA STATE CO-OPERATIVE BANK LIMITED, EDAPPAL BRANCH, EDAPPAL POST, MALAPPURAM DISTRICT, REPRESENTED BY ITS BRANCH MANAGER, PIN - 679576

3 AUTHORISED OFFICER, THE KERALA STATE CO-OPERATIVE BANK LIMITED, POST BOX NO.8, MANJERI ROAD, UP-HILL, MALAPPURAM POST, MALAPPURAM DISTRICT, PIN - 676505 SRI. THOMAS ABRAHAM, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 14.03.2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

J U D G M E N T

Petitioner has approached this Court challenging proceedings initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securit