JUDGMENT

Dated this the 20^th day of February, 2026 The petitioner has availed a housing loan in the year

2016 for an amount of Rs. 20,000,00/- (Rupees twenty lakhs only) from the 1^st respondent. After that the petitioner availed another housing (Flood Relief) loan for an amount of Rs.2,000,00/- (Rupees two lakhs only). The secured asset in the loan transaction is 5 cents of property together with residential building having 1600 Sq.Feet.

2. When there was default in the repayment, the bank initiated SARFAESI proceedings against the petitioner.

3. The present writ petition is filed to allow the petitioner to pay the overdue amount in installments and regularize the loan. The learned counsel for the respondent vehemently opposes the same and submitted that on 15.01.2026, this Court directed the petitioner to remit an amount of Rs.5,00,000/-(Rupees five lakhs only) within one month from that day. When the matter is taken up for consideration today, the learned counsel for the respondent submits that the petitioner did not comply with the above order.

Therefore, no indulgence can be granted to this petitioner.

4. Having heard the learned counsel for the petitioner as well as the learned co