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2026 Supreme(Online)(Ker) 5838

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
PRAMEELA K – Appellant
Versus
KERALA STATE CO-OPERATIVE BANK – Respondent


Advocates:
For the Appellants/Petitioners: SMT.ANUPAMA SUBRAMANIAN
For the Respondents: SHRI.M.SASINDRAN

Table of Content
1. challenging recovery proceedings under sarfaesi act. (Para 1 , 2)
2. counsel seeks structured repayments. (Para 3)
3. court's directive on repayment terms. (Para 4)

JUDGMENT

(Dated this the 27th 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 in two loans comes to Rs.1,34,687/-(Rupees one lakh thirty four thousand six hundred eighty seven 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 the 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 a lump sum amount of Rs.30,000/-(Rupees thirty thousand only) on or before

27.

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