JM Financial Asset Reconstruction Company Limited Rptd by R Mukunthan vs Venkatalakshmi.V — 127/2026

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 27th June 2026.

Case disposed

Crl.Misc. - Criminal MISC.CASES

CNR: KARN020006072026

e-Filing Number

17-03-2026

Filing Number

127/2026

Filing Date

24-Mar-2026

Registration No

127/2026

Registration Date

24-Mar-2026

Court

PRL. SENIOR CIVIL JUDGE AND CJM, RAMANAGARA

Judge

105-Prl. Senior CIVIL Judge And CJM

Decision Date

27-Jun-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.JM Financial Asset Reconstruction Company Limited Rptd by R Mukunthan

    Adv. Kavitha H N

Respondent(s)

  1. 1.Venkatalakshmi.V

  2. 2.Dhanaraj V

  3. 3.Manjula V

Case History

  1. Case disposedDisposed

  2. 27-Jun-2026

    OrdersView PDF

    The court allowed JM Financial Asset Reconstruction Company's petition under Section 14 of the SARFAESI Act, 2002, granting it physical possession of a Kanakapura property mortgaged as security for a Rs. 7,89,999 loan that the respondents defaulted on, leaving an outstanding balance of Rs. 7,86,641. The court appointed an advocate as Court Commissioner to take possession with police assistance, finding the petitioner was a valid secured creditor with proper documentation and compliance with statutory requirements including demand notice and symbolic possession. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 27-Jun-2026

    Disposed

    Prl. Senior CIVIL Judge And CJM

  4. 05-Jun-2026

    Orders

    Prl. Senior CIVIL Judge And CJM

  5. 30-May-2026

    Argument

    Prl. Senior CIVIL Judge And CJM

  6. 30-Apr-2026

    Argument

    Prl. Senior CIVIL Judge And CJM

  7. 24-Mar-2026

    First hearing

    Initial hearing scheduled

  8. 24-Mar-2026

    Case filed

    Registration No. 127/2026

casestatus.in Summary

The court allowed JM Financial Asset Reconstruction Company's petition under Section 14 of the SARFAESI Act, 2002, granting it physical possession of a Kanakapura property mortgaged as security for a Rs. 7,89,999 loan that the respondents defaulted on, leaving an outstanding balance of Rs. 7,86,641. The court appointed an advocate as Court Commissioner to take possession with police assistance, finding the petitioner was a valid secured creditor with proper documentation and compliance with statutory requirements including demand notice and symbolic possession. This case analysis is maintained by casestatus.in based on publicly available court records.

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