JUDGMENT

(Dated this the 23^rd day of February, 2026)

The petitioner had availed a loan from the respondent bank and the wife of the petitioner is a guarantor to the loan transaction. When default was committed in repayment, the respondent bank has initiated recovery proceedings under the SARFAESI Act . Subsequently, Section 14 measures had been initiated before the CJM Court at Kozhikode. The advocate commissioner appointed by the CJM Court has given an ultimatum to vacate the premises within 30 days.

2. The learned Standing Counsel appearing for the respondents, on instructions, submits that as on today, the total overdue amount comes to Rs.51,053/-.(Rupees fifty one thousand and fifty three only)

3. The counsel for the petitioner seeks an indulgence from this court to grant installments to wipe off the overdue amount. The respondent Bank is willing to accept repayment of overdue amount in limited installments. This is recorded.

4. Having heard the counsel appearing for the petitioner as well as the Standing counsel appearing for the respondent bank, I deem it appropriate to dispose of the writ petition with the following directions:

(i) The petitioner shall pay the overdue amount of