The court affirms the authority under the SARFAESI Act to structure repayments and enforce recovery against defaulted borrowers, balancing borrower relief with lender rights.

JUDGMENT

(Dated this the 27^th day of January, 2026)

The petitioner, a defaulted borrower from the respondent bank, is challenging proceedings under the SARFAESI Act initiated by the respondent Bank for recovery of the amounts due.

2. The learned Standing Counsel appearing for the respondents, on instructions, submits that as on today, the total overdue amount comes to Rs.5,46,500/-(Rupees five lakhs forty six thousand five hundred only).

3. The counsel for the petitioner seeks an indulgence from this court to grant installments to wipe off the overdue amount. The respondent Bank is willing to accept repayment of overdue amount in limited installments. This is recorded.

4. Having heard the counsel appearing for the petitioner as well as the Standing counsel appearing for the respondent bank, I deem it appropriate to dispose of the writ petition with the following directions:

(i) The petitioner shall pay the overdue amount of Rs.5,46,500/-(Rupees five lakhs forty six thousand five hundred only) along with any accrued interest, cost and allied charges, in fifteen equal monthly installments, along with regular installments.

(ii) The first installment is to be paid on or before 27.02.2026, and the remaining installments on or before the 27^th day of every succeeding months, along with regular installments.

(iii) After making payment of the entire overdue amount along with regular installments, the petitioner shall continue to pay the regular installments until the entire loan liability is discharged.

(iv) In case of failure to make payment of the installments as directed above, the Bank shall be free to take possession of the secured assets, in accordance with law.

(v) Till such time, all coercive proceedings against the secured assets shall be deferred.

Sd/-