JUDGMENT

Dated this the 31^st day of January, 2026 The petitioner availed a mortgaged loan from the 1^st respondent-Bank for a sum of Rs.15,00,000/-. Since there was default in repayment, the loan was declared as NPA on 03.09.2024 and the respondent Bank issued notice under Section 13(2) of the SARFAESI Act dated 14.10.2024 for clearing the outstanding liability.

2. On 16.12.2025, an interim order was passed by this Court deferring the coercive steps against the petitioner on condition that the petitioner remits an amount of Rs.1,50,000/- within one month. It is submitted that the said interim order has been complied with.

3. The learned Standing Counsel for the Bank, on instructions, submits that the overdue amount as on date is Rs.4,37,009/-. The Bank has no objection in regularizing the loan account.

4. Having heard the learned counsel on both sides, and taking note of the fact that the Bank 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.4,37,009/-

together with any