JUDGMENT

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

The petitioner had availed Agricultural cash credit loan from the respondent bank for an amount of Rs.20,00,000/- in the year 2022, by mortgaging land measuring 4 Ares together with all improvements thereon comprised in Re survey No:259/16(Old Sy No.335/50-34-311) Block No.50 of Kummil Village, Kottarakkara Taluk, Kollam District, 6.50 Ares of property along with all improvements thereon comprised in Re-sy No:265/11- 3(old Sy No.335/50/408) Block 50 of Kummil Village Kottarakkara Taluk Kollam District and 5.15 Ares together with building and all other improvements thereon comprised in Re-Sy No.265/12(Old Sy No:335/50/408), Block No.50 of Kummil Village, Kottarakkara Taluk, Kollam District respectively. When there was default in repayment, the bank initiated proceedings under the SARFAESI 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 of two loans as on 22.01.2026, is Rs.30,17,661/- (Rupees thirty lakhs se