2025:KER:26616 W.P (C) No.12094/2025 -1- IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE GOPINATH P. THURSDAY, THE 27TH DAY OF MARCH 2025 / 6TH CHAITHRA, 1947 WP(C) NO. 12094 OF 2025 PETITIONER/S: SUNIL KUMAR M., AGED 49 YEARS MELEDATH HOUSE, PAINGATTUPURAM, KUNNAMANGALAM P.O., KOZHIKODE, PIN - 673571 BY ADV ANISH ANTONY ANATHAZHATH RESPONDENT/S: THE AUTHORISED OFFICER, INDIAN BANK, PUSHPA JUNCTION BRANCH, KALLAI ROAD, KOZHIKODE, PIN - 673002 OTHER PRESENT: SRI. BINOY VASUDEVAN, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 27.03.2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: 2025:KER:26616 W.P (C) No.12094/2025 -2- J U D G M E N T The petitioner availed a Housing loan from the respondent bank. On default being committed, proceedings have been initiated against the petitioner under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 prompting the petitioner to approach this court by filing the above writ petition. 2. The learned counsel appearing for the respondent bank submits that the sale of the secued asset was scheduled to be held on 26-03-2025. It is submitted that no sale took place as there were no bidders. The learned counsel for the respondent bank submits that the writ petition may therefore be closed. 3. The learned counsel for the petitioner submits that the petitioner only seeks 4 weeks time to clear the entire liability to the respondent bank. 4. Having heard the learned counsel for the petitioner and the learned Standing counsel appearing for the respondent bank, this writ petition will stand disposed of directing the the steps for notifying the sale of the secured asset shall be deferred by a period of 4 weeks from today (27-03-2025) to enable the petitioner to clear the entire liability. If the petitioner does not clear the entire liability within the aforesaid period of 4 weeks, it is open to 2025:KER:26616 W.P (C) No.12094/2025 -3- the respondent bank to continue with the proceedings initiated in accordance with the law. The writ petition is disposed of as above. Sd/- GOPINATH P. JUDGE AMG 2025:KER:26616 W.P (C) No.12094/2025 -4- APPENDIX OF WP(C) 12094/2025 PETITIONER EXHIBITS Exhibit P1 A TRUE COPY OF THE NOTICE ISSUED BY THE RESPONDENT DT 15.01.2025 Exhibit P2 A TRUE COPY OF JUDGEMENT IN WPC 2062/2025 DATED 24.01.2025 Exhibit P3 TRUE COPY OF THE JUDGEMENT DATED 07.03.2025 IN WPC 9017/2025