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2026 Supreme(Online)(Ker) 14525

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
HADIYA MADATHIPARAMBIL – Appellant
Versus
CHOLA MANDALAM INVESTMENTS AND FINANCE CO. LTD. – Respondent
WP(C) NO. 15234 OF 2023



Advocates:
For the Appellants/Petitioners: SRI.P.SAMSUDIN, SHRI.JITHIN LUKOSE, SMT.MILAN RACHEL MATHEW
For the Respondents: SRI.BINOY VASUDEVAN

The closure of a writ petition occurs when the petitioner's obligations are fulfilled, negating the grounds for the appeal.

Headnote:This judgment concerns a writ petition where the petitioner defaulted on a housing loan, leading the respondent bank to initiate recovery proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The court noted that the petitioner had subsequently paid the entire outstanding loan amount, rendering the case moot. The final ruling is that the writ petition is closed.

Table of Content
1. default in loan leads to recovery proceedings. (Para 1)
2. payment of outstanding amount resolves the writ. (Para 2)

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

W.P.(C) No. 15234 of 2023 ========================

Dated 23rd day of February, 2026 JUDGMENT The petitioner and her husband had availed a housing loan in the year 2020 for an amount of ₹26,81,861/- from the respondent Bank. Subsequently, she 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. When the matter was taken up for consideration today, the learned counsel for the respondent Bank submitted that the petitioner has remitted the entire outstanding amount due to the Bank and that the loan account has been closed.

Recording the said submission, nothing further survives for consideration in this writ petition. Accordingly, the writ petition is closed.

Sd/-

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