Axis Bank Limited vs Santosh Kumar — 400111/2025

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: KLAL050001612025

Case disposed

e-Filing Number

21-01-2025

Filing Number

160/2025

Filing Date

07-02-2025

Registration No

400111/2025

Registration Date

07-02-2025

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)

Axis Bank Limited

Adv. AJITH KUMAR G

Respondent(s)

Santosh Kumar

Podiyamma

Hearing History

Judge: 1-Chief Judicial Magistrate

12-03-2026

Disposed

15-01-2026

Call on

20-11-2025

For commission report

12-09-2025

For commission report

03-07-2025

For commission report

Final Orders / Judgements

12-03-2026
Order

The Chief Judicial Magistrate of Alappuzha granted Axis Bank's application under the SARFAESI Act 2002 to take possession of secured assets mortgaged by borrowers Santhosh Kumar and Podiyamma, who defaulted on loan repayment despite statutory notice. An advocate commissioner was appointed to take possession after issuing 15 days' notice and hand over the property 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 Axis Bank's application under the SARFAESI Act 2002 to take possession of secured assets mortgaged by borrowers Santhosh Kumar and Podiyamma, who defaulted on loan repayment despite statutory notice. An advocate commissioner was appointed to take possession after issuing 15 days' notice and hand over the property 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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