The Kerala State Cooperative Bank Ltd, vs Susy K X — 400096/2024

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Contested--DISPOSED on 12th March 2026.

MC - MISCELLANEOUS & MAINTENANCE CASE

CNR: KLAL050001122024

Case disposed

e-Filing Number

01-02-2024

Filing Number

400112/2024

Filing Date

02-02-2024

Registration No

400096/2024

Registration Date

12-02-2024

Court

CJM Court Alappuzha

Judge

1-Chief Judicial Magistrate

Decision Date

12th March 2026

Nature of Disposal

Contested--DISPOSED

Acts & Sections

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT Section 14

Petitioner(s)

The Kerala State Cooperative Bank Ltd,

Adv. PARAMESWARAN C

Respondent(s)

Susy K X

Hearing History

Judge: 1-Chief Judicial Magistrate

12-03-2026

Disposed

16-01-2026

Call on

28-11-2025

For commission report

24-10-2025

For commission report

22-09-2025

For commission report

Final Orders / Judgements

12-03-2026
Order

The Chief Judicial Magistrate of Alappuzha granted Kerala State Co-operative Bank's petition under the SARFAESI Act 2002 to take possession of secured property from borrowers Susy.K.X and John.P.B, who defaulted on their loan repayment despite receiving statutory notice. An advocate commissioner was appointed to take possession after 15 days' notice and hand over the asset to the bank, with police assistance available if needed. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

The Chief Judicial Magistrate of Alappuzha granted Kerala State Co-operative Bank's petition under the SARFAESI Act 2002 to take possession of secured property from borrowers Susy.K.X and John.P.B, who defaulted on their loan repayment despite receiving statutory notice. An advocate commissioner was appointed to take possession after 15 days' notice and hand over the asset to the bank, with police assistance available if needed. This case analysis is maintained by casestatus.in based on publicly available court records.

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