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Kerala High Court

Ajayan Kumar Krishnan Nair vs M/S Hdfc Bank on 27 January, 2026

WP(C) NO. 44310 OF 2025

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                                                           2026:KER:8218

                IN THE HIGH COURT OF KERALA AT ERNAKULAM

                                PRESENT

                THE HONOURABLE MR.JUSTICE BASANT BALAJI

        TUESDAY, THE 27TH DAY OF JANUARY 2026 / 7TH MAGHA, 1947

                        WP(C) NO. 44310 OF 2025

PETITIONER/S:

            AJAYAN KUMAR KRISHNAN NAIR ​
            AGED 49 YEARS​
            S/O KRISHNAN NAIR, NRA KRISHNAVILASOM, TC/44/110,
            KUZHIVILAKOM, VALIYATHURA P.O,THIRUVANANTHAPRAM,
            PINCODE-, PIN - 695008


            BY ADV SRI.R.B.BALACHANDRAN

RESPONDENT/S:

    1       M/S HDFC BANK,​
            HDFC HOUSE, P.B NO:2288,
            VAZHUTHACAUD,THIRUVANANTHAPURAM , REPRESENTED BY ITS
            AUTHORIZED OFFICER, PIN - 695010

    2       KRISHNAN NAIR,​
            S/O CHELLAPAN PILLAI, NRA KRISHNAVILASOM, TC/44/110,
            KUZHIVILAKOM, VALIYATHURA P.O, THIRUVANANTHAPRAM., PIN
            - 695008


            BY ADVS. ​
            SMT.S.AMBILY​
            SMT.RUPA R. NAIR​
            SRI.K.K.CHANDRAN PILLAI (SR.)​


     THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
27.01.2026, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
 WP(C) NO. 44310 OF 2025

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                                                             2026:KER:8218

                            BASANT BALAJI J
                    ======================
                      W.P.(C) No. 44310 of 2025
                   ========================
                     Dated 27th day of January 2026

                               JUDGMENT

At the request of the petitioner and the 2nd respondent, the 1st respondent Bank sanctioned a housing loan of ₹23,34,274/- (Rupees Twenty-Three Lakh Thirty-Four Thousand Two Hundred and Seventy-Four only) on 23.12.2013. The said loan was secured by creating a mortgage over immovable property having an extent of 2.43 Ares of land together with all improvements thereon, comprised in Re-Sy. Nos. 2927/1-3 and 2927/1 of Muttathara Village, Thiruvananthapuram Taluk. Owing to a slump in business and substantial expenses incurred towards the medical treatment of the 2nd respondent, the loan account became irregular and the petitioner could not remit the instalments promptly. Consequently, the respondent Bank classified the loan account as a WP(C) NO. 44310 OF 2025 3 2026:KER:8218 Non-Performing Asset and initiated proceedings under the provisions of the SARFAESI Act. Aggrieved by the said proceedings, the petitioner has approached this Court.

2. When the matter was taken up for consideration today, the learned counsel for the petitioner submitted that the entire amount due to the Bank has been remitted and, consequently, the loan account stands closed.

In view of the above, there is no further dispute requiring adjudication, and accordingly, this writ petition is closed.

              ​   ​    ​     ​      ​       ​   ​     ​       Sd/-


                                                    BASANT BALAJI, JUDGE



   RMV
 WP(C) NO. 44310 OF 2025

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                                                      2026:KER:8218

               APPENDIX OF WP(C) NO. 44310 OF 2025

PETITIONER EXHIBITS

Exhibit P1            TRUE COPY OF THE NOTICE UNDER SECTION 13(12)
                      &   13(2)     OF   THE    SECURITISATION  AND
                      RECONSTRUCTION   OF    FINANCIAL   ASSETS AND

ENFORCEMENT OF SECURITY INTEREST ACT, 2002, DATED 17.06.2025 ISSUED BY THE AUTHORIZED OFFICER OF THE RESPONDENT BANK Exhibit P2 TRUE COPY OF THE ORDER DATED 26/09/2025 ISSUED BY THE LEARNED CJM , THIRUVANANTHAPURAM Exhibit P3 TRUE COPY OF THE NOTICE DATED 10.11.2025 ISSUED BY THE ADVOCATE COMMISSIONER TO THE PETITIONER