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2026 Supreme(Online)(Ker) 14874

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
BINU R – Appellant
Versus
THE AUTHORIZED OFFICER INDUSIND BANK LTD. – Respondent
WP(C) NO. 7911 OF 2026



Advocates:
For the Appellants/Petitioners: SRI.K.V.ANIL KUMAR, SMT.RADHIKA S.ANIL, SHRI.NEERAJ S., SHRI.NIJAZ JALEEL
For the Respondents: SRI. VARGHESE C. KURIAKOSE, SC

The court upheld the enforceability of loan agreements and the rights of borrowers to regularize their accounts upon payment of overdue amounts.

Headnote:The petition was filed under Article 226 of the Constitution seeking a writ to stop proceedings on a notice regarding recovery of an overdue amount. The petitioner committed to pay an overdue amount of Rs. 55,000/- and the court allowed regularization upon compliance. The court ruled that upon payment, the loan account would be regularised and monthly installments to continue without default.

Table of Content
1. petitioner seeks writ under article 226 for loan account regularization. (Para 1)
2. court allows loan account regularization upon payment of overdue amount. (Para 2 , 3)

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

W.P. (C) No. 7911 of 2026 ========================

Dated 27th day of February 2026 JUDGMENT The writ petition has been filed under Article 226 of the Constitution of India seeking the following reliefs:-

1. Issue a writ of mandamus or any other appropriate writ, order or direction, commanding the respondents to stop all further proceedings pursuant on Ext-P4 notice against the petitioner’s vehicle bearing Reg. No. KL-26M-4285, and permit him to repay the overdue amount and regularize the loan account;

2. Grant such other reliefs to the petitioner, as this Hon’ble Court may deem fit, in the interest of justice and

3. Dispense with the translation of the document produced in the vernacular language.

2. When the matter was taken up for consideration today, the learned counsel for the petitioner submitted that the petitioner undertakes to remit the overdue amount of Rs.55,000/- (Rupees Fifty-Five Thousand only)

within a period of one week from today.

3. Recording the said undertaking, it is directed that if the petitioner remits the aforesaid amount within the stipulated time, the loan account shall stand regularised. The petitioner shall thereafter continue to remit the regular equated monthly instalments without committing any default.

The Writ Petition is disposed of in the above terms.

Sd/-

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