JUDGMENT

(Dated this the 2^nd day of February, 2026)

The petitioner had obtained a Housing loan from the respondent bank and upon default in repayment, the respondent bank initiated proceedings under the SARFAESI Act , 2002. At that time, the petitioner approached this Court by filing W.P.(C) No 46868 of 2024, and the said writ petition was disposed of by directing the respondent Bank to accept repayment of the entire overdue amount after adjusting Rs.10 lakhs, which was deposited in the Saving Bank account of the petitioner, along with any accrued interest, costs and charges from the petitioner and to pay the balance of the overdue amount, after adjusting the above-mentioned deposit in the Saving Bank account, along with any accrued interest, costs and charges, in 15 equal monthly instalments. The petitioner, however, could not remit the amount as ordered. Thereafter, the petitioner requested the Bank for an One-Time Settlement (OTS) scheme through Ext.P1. In the meantime, the Advocate Commissioner issued a notice to take physical possession of the secured asset.

2. On 06.10.2025, an interim order was passed by this Court deferring the coercive steps against the petitioner on condi