JUDGMENT

Dated this the 24^th day of February, 2026 The petitioner availed a loan of Rs.40,00,000/- in the year 2020, for which he has mortgaged his property extending 24.52.0.97 Ares of land in Survey No. 394/2, 395/3 of Kakkulissery Village in Chalakudy Taluk with a House situated therein, wherein the petitioner is residing with his family. 2. When there was default in the repayment, the bank initiated SARFAESI proceedings against the petitioner.

3. The present writ petition is filed to allow the petitioner to pay the overdue amount in installments and regularize the loan. The learned counsel for the respondent vehemently opposes the same and submitted that on 26.12.2025, this Court directed the petitioner to remit an amount of Rs.5,00,000/-(Rupees five lakh only) within one month from that day. On 13.02.2026, when the matter is taken up, the learned counsel for the respondent submits that the interim order on 26.12.2025 was not complied with and no further extension was granted. Today, the learned counsel for the petitioner prays a weeks’ time for remitting the same which was objected by the learned counsel for the respondent.

Therefore, no indulgence can be granted to this petiti