A guarantor must comply with court directives regarding loan installments and can seek remedy at the Debts Recovery Tribunal for grievances related to enforcement actions.

JUDGMENT

(Dated this the 17^th day of February, 2026)

The petitioner’s wife had earlier approached this Court by filing W.P.(C) No. 20044 of 2025, which was disposed of on 13.06.2025 directing the petitioner to remit a sum of Rs.10 lakhs on or before 11.07.2025, and to pay the balance amount in 12 equal monthly instalments commencing from

11.08.2025.

2. The present writ petition is filed by the guarantor challenging Ext.P1 notice issued under Section 13 (2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act , 2002. A further direction is sought to regularize the loan account by permitting the petitioner to clear the loan dues in 30 instalments. The filing and disposal of W.P.(C) No. 20044 of 2025 has been suppressed in the present writ petition. As noticed earlier, pursuant to the above said judgment, the petitioner was bound to remit Rs.10 lakhs and thereafter pay the instalments from 11.08.2025 onwards.

3. If the petitioner is aggrieved by any of the measures taken under Section 13 (4) of the Act, being a guarantor, it is open to the petitioner to avail the statutory remedy before the Debts Recovery Tribunal. If the petitioner intends to save the secured property, the petitioner shall strictly comply with the directions issued in W.P.(C) No. 20044 of 2025.

Given this, the writ petition is disposed of as above.

Sd/-