2026 Supreme(Online)(Ker) 10129

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
SOMAN.J. – Appellant
Versus
THE AUTHORIZED OFFICER, SUNDARAM HOME FINANCE LTD – Respondent
WP(C) NO. 47261 OF 2025

Closure of the loan account negates the basis for the writ petition under the SARFAESI Act.

Headnote:The present writ petition arises under the SARFAESI Act, 2002, concerning the closure of a loan account by the petitioner. The court found that since the loan account is closed, the writ petition was therefore closed on 30th January 2026. The primary issue framed was regarding the status of the loan account. The court reasoned that the closure of the loan account warrants the dismissal of the writ petition. Accordingly, the petition is closed.