J U D G M E N T

The petitioner is son of late Vilasini who had availed a loan from the

1^st respondent bank. On default being committed the bank initiated proceedings under Section 69 of the Kerala Co-operative Societies Act , 1969 and obtained an award determining the liability of late Vilasini. On the award being put to execution, the petitioner is before this court stating that late Vilasini expired on 21-05-2024 and that the petitioner is ready and willing to settle the liability in installments, as the mortgaged property belonging to late Vilasini has now devolved on the petitioner.

2. The learned counsel appearing for the respondent bank submits that the outstanding amount due from the petitioner as on 26-02-2026 is Rs.19,86,355/-. It is submitted that the bank has no objection in permitting the petitioner to clear the entire liability in installments.

3. Having heard the learned counsel for the petitioner and the learned counsel appearing for the respondent bank and having regard to the facts and circumstances of the case and the submissions made as recorded above, I am of the view that the petitioner can be granted an opportunity to repay the outstanding amount in twenty (20)