BASANT BALAJI J ======================

W.P.(C) No. 6081 of 2026 ========================

Dated 23^rd day of February, 2026 JUDGMENT The petitioner had availed a loan from the respondent Bank by mortgaging his residential property. Subsequently, the petitioner committed default in repayment of the loan amount as per the agreed terms. In view of the said default, the respondent Bank initiated recovery proceedings against the secured asset under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act , 2002. Aggrieved by the measures so initiated by the respondent Bank under the said Act, the petitioner has approached this Court by filing the present writ petition.

2. During the hearing, the petitioner confined the relief to an opportunity to repay the overdue amount in instalments and to obtain regularisation of the loan accounts.

3. It was submitted on behalf of the respondent Bank that the petitioner committed default in repayment of the housing loan, and the total overdue amount as on 23.02.2026 is Rs.3,99,760/- (Rupees Three Lakh Ninety-Nine Thousand Seven Hundred and Sixty Only). It was further submitted that though proce