JUDGMENT

(Dated this the 8^th day of December, 2025)

The petitioner and his mother availed an agricultural loan in the year 2019 from the 1^st respondent bank, offering the title deed of the property owned by the mother of the petitioner. Upon default, the loan account was classified as a Non-Performing Asset (NPA). Subsequently, the respondent Bank initiated proceedings against the secured assets under the SARFAESI Act , 2002. A notice under Section 13(2) of the Act was issued demanding the petitioner to clear the entire outstanding amount within 60 days, following which the petitioner paid Rs. 1,15,000/-. While so, the petitioner received a notice dated 24.07.2025 under Section 13(8) of the Act. The petitioner therefore prays for a direction to the 1^st respondent bank to regularize the loan account by permitting him to clear the overdue amount in 30 equal monthly installments.

2. The learned Standing Counsel for the Bank on instructions submits that the outstanding amount as on date is Rs.11,81,000/-. The Bank is