JUDGMENT

Dated this the 25^th day of October, 2025 The Petitioner is aggrieved by the impugned action taken by the respondent to take physical possession of the petitioner’s residential property comprised in Re.Sy. No. 345/6 of Manoorkkara Village, Nedumangadu Taluk, Thiruvananthapuram District, under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the SARFAESI Act). Petitioner is the absolute owner of the property comprised in Re.Sy. No. 345/6 of Manoorkkara Village, Nedumangadu Taluk, Thiruvananthapuram District. The Petitioner had availed a loan for an amount of Rs. 3, 00,000/- (Rupees Three Lakhs only) from the respondent in the year 2015. When there was default in repayment, the bank initiated proceedings against the petitioner under the SARFEASI Act.

2. The learned counsel for the petitioner would submit that the petitioner may be permitted to clear the liability in installments.

3. It is submitted on behalf of the respondent Bank that the petitioner committed default in repayment of the loan and the outstanding amount as on 23.02.2026 is Rs.3,29,635/-(Three lakhs twenty nine tho