The Alleppey Urban cooperative bankl vs Santhosh — 400197/2025

Case Summary The Chief Judicial Magistrate of Alappuzha initially granted Alleppey Urban Co-operative Bank's SARFAESI petition to take possession of the secured property pledged by borrowers Santhosh and Sandhya.V, who had defaulted on their loan repayment despite receiving statutory notice. However, the case was subsequently closed when the respondents paid the entire outstanding amount, and the petitioner bank withdrew its possession proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.