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2026 Supreme(Online)(Ker) 14222

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
RAGHAVAN JAYADEV – Appellant
Versus
THE AUTHORISED OFFICER, STATE BANK OF INDIA – Respondent


Advocates:
For the Appellants/Petitioners: SMT.ASMIN NAYARA, SMT.AYSWARYA KRISHHNAN, SHRI.VAISHAKH M.S
For the Respondents: SMT.S.AMBILY, SMT.RUPA R. NAIR, SRI.K.K.CHANDRAN PILLAI (SR.), SMT. AMBILY S

JUDGMENT

This writ petition has been filed challenging the recovery proceedings initiated by the respondent bank to recover amounts due under credit facilities availed by the petitioner from the respondent bank.

2. When this matter was taken up for consideration on

12.12.2025, the petitioner was directed to remit a sum of Rs.10 lakhs within a period of two weeks and the proceedings pursuant to Exhibit P2 was directed to be kept in abeyance. The interim order was extended thereafter.

3. Learned counsel appearing for the respondent bank submits that the petitioner has availed six loans namely, a car loan, a business loan, a housing loan, a housing top up loan and an insurance loan.

4. When this matter came up for consideration on

06.02.2026, the petitioner undertook that he will remit the entire dues in the car loan as well as the overdue amount in the business loan by 10.02.2026, and the case was posted to 12.02.2026. On 12.02.2026 also, the petitioner did not remit the amount as undertaken before this Court . Therefore, the interim order was not extended and it was made clear that the bank can proceed with in accordance with the law. Since the interim order is not fully complied with,

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