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2026 Supreme(Online)(Ker) 28436

IN THE HIGH COURT OF KERALA AT ERNAKULAM
S.MANU, J
SILPA DEV – Appellant
Versus
THE KERALA STATE CO-OPERATIVE BANK LTD – Respondent


Advocates:
For the Appellants/Petitioners: NIREESH MATHEW

JUDGMENT

This is the second round of litigation at the instance of the petitioner, who is aggrieved by the proceedings initiated by the 1st respondent under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (for short the 'SARFAESI Act'). By Ext.P1 judgment dated 18.12.2024 in W.P.(C) No.45188/2024, the petitioner was granted 10 installments to wipe off the dues. Admittedly, the petitioner could not comply with the directions in Ext.P1 judgment. Again seeking indulgence, the petitioner has approached this Court by filing the instant writ petition. The proceedings against the petitioner are under the SARFAESI Act and it is open to the petitioner to avail the statutory remedies available under the Act. In PHR Invent Educational Society v. UCO Bank and others [(2024) 6 SCC 579], the Honourable Supreme Court clarified that in SARFAESI matters interference by the High Courts in exercise of the jurisdiction under Article 226 of the Constitution could not be justified. In South Indian Bank v. Abdulla Kulukkampara [2024 (6) KLT 695], a Division Bench of this Court referred various decisions of the Honourable Supreme Court pertaining the sco

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