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2026 Supreme(Online)(Ker) 13577

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
ASHA P. – Appellant
Versus
ICICI BANK LIMITED – Respondent


Advocates:
For the Appellants/Petitioners: SRI.ARAVIND GHOSH
For the Respondents: SHRI.B.J.JOHN PRAKASH, SHRI.P.PRAMEL, SMT.VARSHA VIJAYAKUMAR NAIR, SMT.RAJASREE K.

JUDGMENT

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

The petitioner along with her husband availed a housing loan for an amount of Rs.28 lakhs and a Land Loan of Rs.2,36,000/ - in the year 2019 from ICICI Bank for the construction of a residential building. When there was default in the repayment, the bank initiated SARFAESI proceedings against the petitioner.

2. The learned Standing Counsel appearing for the respondents, on instructions, submits that as on today, the total overdue amount comes to Rs.8,83,683/-(Rupees eight lakhs eighty three thousand six hundred eighty 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 Rs.8,83,683/-(Rupees eight lakhs eighty three thousand six hundred eighty three only) along with any accrued interest,

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