The Suryoday Small Finance Bank Ltd Reptd by its authorized Officer Sagar Karennavar vs Ramesh Nayaka — 57/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section U/Sec.14. Disposed: Uncontested--ALLOWED/ GRANTED AFTER FULL HEARING on 15th April 2026.

Case disposed

Crl.Misc. - Criminal MISC.CASES

CNR: KARN020002452026

e-Filing Number

02-02-2026

Filing Number

57/2026

Filing Date

06-Feb-2026

Registration No

57/2026

Registration Date

09-Feb-2026

Court

PRL. SENIOR CIVIL JUDGE AND CJM, RAMANAGARA

Judge

105-Prl. Senior CIVIL Judge And CJM

Decision Date

15-Apr-2026

Nature of Disposal

Uncontested--ALLOWED/ GRANTED AFTER FULL HEARING

Last updated 02-Jul-2026

Acts & Sections

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section U/Sec.14

Petitioner(s)

  1. 1.The Suryoday Small Finance Bank Ltd Reptd by its authorized Officer Sagar Karennavar

    Adv. KISHOR KUMAR S

Respondent(s)

  1. 1.Ramesh Nayaka

  2. 2.Shobha Bai

Case History

  1. Case disposedDisposed

  2. 15-Apr-2026

    OrdersView PDF

    CASE SUMMARY The court allowed Suryoday Small Finance Bank's petition under Section 14 of the SARFAESI Act to take physical possession of a mortgaged property. The respondents had defaulted on a Rs. 4 lakh loan, leaving an outstanding balance of Rs. 3,55,964, classifying the account as a Non-Performing Asset. The bank had complied with all statutory requirements including demand notice and symbolic possession. The court appointed an advocate commissioner to take possession of the secured asset with police assistance. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 15-Apr-2026

    Disposed

    Prl. Senior CIVIL Judge And CJM

  4. 24-Mar-2026

    Orders

    Prl. Senior CIVIL Judge And CJM

  5. 17-Feb-2026

    First hearing

    Initial hearing scheduled

  6. 06-Feb-2026

    Case filed

    Registration No. 57/2026

casestatus.in Summary

CASE SUMMARY The court allowed Suryoday Small Finance Bank's petition under Section 14 of the SARFAESI Act to take physical possession of a mortgaged property. The respondents had defaulted on a Rs. 4 lakh loan, leaving an outstanding balance of Rs. 3,55,964, classifying the account as a Non-Performing Asset. The bank had complied with all statutory requirements including demand notice and symbolic possession. The court appointed an advocate commissioner to take possession of the secured asset with police assistance. This case analysis is maintained by casestatus.in based on publicly available court records.

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