Kerala High Court
Rajesh K.G vs Uco Bank on 23 February, 2026
WP(C) NO. 11417 OF 2022
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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. 11417 OF 2022
PETITIONER/S:
RAJESH K.G.
AGED 52 YEARS
S/O K N GOPALAKRISHNAN, KARALATH HOUSE, PONOTH ROAD,
KALOOR, ERNAKULAM-682017.
BY ADVS.
SRI.ANIL S.RAJ
SMT.K.N.RAJANI
SMT.ANILA PETER
SHRI.JOSE KILIANTHARA
SHRI.S.SUDHEESH
SMT.RADHIKA RAJASEKHARAN P.
SHRI.MUHAMMED HARIS K.K.
SMT.SIMI S. ALI
RESPONDENT/S:
UCO BANK
HAVING AN OFFICE AT A.S.PLAZA, NEAR PUMP JUNCTION,
TRICHUR ROAD, KODUNGALOOR, THRISSUR-680664, REPRESENTED
BY ITS BRANCH MANAGER.
OTHER PRESENT:
SRI. H. RAMANAN, SC,
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
======================
W.P.(C) No. 11417 of 2022
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Dated 23rd day of February, 2026
JUDGMENT
The petitioner had availed a cash credit facility and a term loan
from the respondent Bank. Subsequently, the petitioner 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.
2. When the matter was taken up for consideration today, the
learned counsel for the respondent Bank submitted that the petitioner
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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. 11417 OF 2022
PETITIONER EXHIBITS
Exhibit P1 TRUE COPY OF THE ACCOUNT STATEMENT OF THE
PETITIONER FROM 05.03.2019 TO 11.01.2022
BEARING ACCOUNT NO.29070510002278.
Exhibit P2 TRUE COPY OF THE ACCOUNT STATEMENT OF THE
PETITIONER FROM 05.03.2019 TO 21.03.2022
BEARING ACCOUNT NO.29070610027301.
Exhibit P3 TRUE COPY OF THE ACCOUNT STATEMENT OF THE
PETITIONER FROM 01.12.2020 TO 06.01.2022
BEARING ACCOUNT NO.29070610036570.
Exhibit P4 TRUE COPY OF THE NOTICE UNDER SECTION 13(2)
OF THE SARFAESI ACT, 2002 ISSUED BY THE
RESPONDENT TO THE PETITIONER DATED
10.11.2021.
Exhibit P5 TRUE COPY OF THE LETTER ISSUED BY THE
PETITIONER TO THE RESPONDENT BANK DATED
17.01.2022.