JUDGMENT

(Dated this the 30^th day of January 2026)

The petitioner availed a housing loan of Rs.25,00,000/- from the respondent- financial institution in the year 2020 for a period of 25 years by mortgaging his residential property as security. Upon default, the respondent initiated proceedings under the SARFAESI Act , 2002, and an Advocate Commissioner was appointed by order dated 25.11.2025 in MC No.1478/2025, to take possession of the secured asset. The petitioner approached this Court seeking sufficient installments to clear the overdue amount in the loan account.

2. The learned counsel for the respondent, on instructions, submits that the overdue amount as on date is Rs.1,45,940/-. The respondent has no objection in regularizing the loan account.

3. Having heard the learned counsel on both sides, and taking note of the fact that the respondent is proposing to take physical possession of the property and since the Bank has no objection in regularizing the loan account, I deem it appropriate to dispose of this writ petition with the following directions:

a) The petitioner shall remit the overdue amount of Rs.1,45,940/- (Rupees one lakh forty five thousand nine hundred and forty on