BASANT BALAJI J ======================

W.P. (C) No. 46743 of 2025 ========================

Dated 18^th day of December 2025 JUDGMENT The petitioner is the absolute owner and in possession of 4.36 Ares of land comprised in Survey Nos. 43/8A1 and 43/8A2 of Pallippuram Village, Alappuzha District, falling within the jurisdiction of the Sub Registrar Office, Panavally. A third party had availed a personal loan of ₹30,000/- from the 3rd respondent company, which is engaged in the business of granting loans on hypothecation and guarantee basis. The petitioner stood as a guarantor for the said loan in terms of the loan agreement executed between the parties. Due to financial difficulties, the borrower defaulted in repayment of certain instalments, whereupon the 3rd respondent initiated arbitration proceedings in accordance with the agreement. The dispute was referred to a sole arbitrator in Arbitration Reference No. 538 of 2023.In an interlocutory application filed by the 3rd respondent, an interim order was passed on

08.12.2023 permitting conditional attachment of the petition