JUDGMENT

Petitioner is the surety for two loans availed by the 3^rd respondent, who is none other than the brother of the petitioner. On default being committed by the 3^rd respondent, the respondent bank initiated proceedings under Section 69 of the Kerala Co- operative Societies Act,1969, and awards were obtained, determining the amounts payable by the 3^rd respondent. The awards were put to execution and property of the petitioner, which is mortgaged, has been proceeded against, prompting the petitioner to approach this Court by filing the above writ petition.

2. Learned counsel appearing for the petitioner would submit that the petitioner is only seeking the liberty of repaying the entire amount in some instalments.

3. Learned counsel appearing for the respondent bank would submit that the bank has no objection in some reasonable instalments being permitted to the petitioner to clear the entire liability. It is submitted that the outstanding amount, as on 19.11.2025, is Rs.31,23,002/- (Rupees Thirty one lakhs twenty three thousand and two only). It is also submitted that, at present, there is a One Time Settlement Scheme in force, namely നവ കേ(cid:4)രളീയം കുടിശ്ശി(cid:4) നിവാരണ പദ