IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE MOHAMMED NIAS C.P.

THURSDAY, THE 7^th DAY OF AUGUST 2025 / 16TH SRAVANA, 1947 WP(C) NO. 26750 OF 2025 PETITIONERS:

1 USHAKUMARI A S, AGED 48 YEARS, W/O.VENUGOPAL, KADANNAKUDI, UMARANALLOOR, KOTTAYAM, PIN - 686016

2 KARTHIK K VENUGOPAL, AGED 30 YEARS, S/O.VENUGOPAL KADANNAKUDI, KUMARANALLOOR, KOTTAYAM, PIN - 686016 BY ADVS. SRI.MANU HARSHAKUMAR SHRI.RAPHAEL THEKKAN RESPONDENT:

YES BANK LIMITED, FIRST FLOOR, PUTHURAN PLAZA, NORTHERN SIDE, KPCC JUNCTION, MG ROAD KOCHI, REPRESENTED BY ITS AUTHORIZED OFFICER MR. KANNAN K UDAYAPPAN, PIN - 682011 BY ADVS. SHRI.P.PAULOCHAN ANTONY SHRI.SREEJITH K.

THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 07.08.2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

JUDGMENT

The writ petition is filed with the following prayers.

“i. Issue a writ of Certiorari or any other appropriate writ, direction or order calling for the records related to Exhibit P1 Notice dated 20.02.2025 and hold that the same are illegal and quash the same.

ii. Issue a writ of mandamus or any other appropriate writ, direction or order directing the respondents to regularize the loan account and permit the petitioner to clear the outstanding dues in 25 equal monthly instalments.

iii. Grant such other reliefs that is deemed fit and proper in the circumstance of the case.”

2. The learned Standing Counsel for the respondent bank submits that the total outstanding amount as on 07.08.2025 is Rs.9,08,351/-. The learned counsel for the respondent also submits that if the petitioner pays an amount of Rs.4,00,000/- and approach the bank seeking a One Time Settlement facility, the same will be considered by the bank. This is recorded.

3. Accordingly, the writ petition is disposed of directing the petitioner to remit an amount of Rs.4,00,000/- (Rupees four lakhs only) within one month from today, along with a proposal seeking One Time Settlement facility. The same shall be considered by the respondent bank, and orders shall be passed within two weeks thereafter. Till orders are passed as directed above, further coercive steps against the petitioner will stand deferred.

The writ petition is disposed of as above.

Sd/-

MOHAMMED NIAS C.P.

JUDGE DMR/-

APPENDIX OF WP(C) 26750/2025 PETITIONERS' EXHIBITS Exhibit P1 TRUE COPY OF THE NOTICE DATED 20.02.2025 ISSUED BY THE RESPONDENT.

// TRUE COPY //

P.A. TO JUDGE