Kerala High Court
Hadiya Madathiparambil vs Chola Mandalam Investments And Finance … on 23 February, 2026
WP(C) NO. 15234 OF 2023
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2026:KER:16901
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR.JUSTICE BASANT BALAJI
MONDAY, THE 23RD DAY OF FEBRUARY 2026 / 4TH PHALGUNA, 1947
WP(C) NO. 15234 OF 2023
PETITIONER/S:
HADIYA MADATHIPARAMBIL,
AGED 35 YEARS
W/O RAMZAN, KOLAPPATTA HOUSE, KARULAI, NILAMBUR TALUK,
MALAPPURAM DISTRICT., PIN - 679331
BY ADVS.
SRI.P.SAMSUDIN
SHRI.JITHIN LUKOSE
SMT.MILAN RACHEL MATHEW
RESPONDENT/S:
1 CHOLA MANDALAM INVESTMENTS AND FINANCE CO. LTD.,
REPRESENTED BY THE AUTHORISED OFFICER, DARE HOUSE, 2,
NSC BOSE ROAD, PARRYS, CHENNAI., PIN - 600001
2 THE AUTHORISED OFFICER,
CHOLA MANDALAM INVESTMENTS AND FINANCE CO. LTD. DARE
HOUSE, 2, NSC BOSE ROAD, PARRYS, CHENNAI., PIN - 600001
3 CHOLA MANDALAM INVESTMENTS AND FINANCE CO. LTD
BRANCH OFFICE, MARANATT CHAMBERS, NEAR IDBI BANK, COURT
ROAD, MANJERI, REPRESENTED BY ITS BRANCH MANAGER, PIN -
676121
BY ADV SRI.BINOY VASUDEVAN
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
23.02.2026, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
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BASANT BALAJI J
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W.P.(C) No. 15234 of 2023
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Dated 23rd day of February, 2026
JUDGMENT
The petitioner and her husband had availed a housing loan in the
year 2020 for an amount of ₹26,81,861/- from the respondent Bank.
Subsequently, she committed default in repayment of the loan amount as
per the agreed terms. In view of the said default, the respondent Bank
initiated recovery proceedings against the secured asset under the
provisions of the Securitisation and Reconstruction of Financial Assets
and Enforcement of Security Interest Act, 2002. Aggrieved by the
measures so initiated by the respondent Bank under the said Act, the
petitioner has approached this Court by filing the present writ petition.
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2. When the matter was taken up for consideration today, the
learned counsel for the respondent Bank submitted that the petitioner
has remitted the entire outstanding amount due to the Bank and that the
loan account has been closed.
Recording the said submission, nothing further survives for
consideration in this writ petition. Accordingly, the writ petition is
closed.
Sd/-
BASANT BALAJI, JUDGE
RMV
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APPENDIX OF WP(C) NO. 15234 OF 2023
PETITIONER EXHIBITS
Exhibit-P1 TRUE COPY OF THE NOTICE ISSUED UNDER RULE 8
(5) DATED 26-04-2023 TO THE PETITIONER