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.

Case disposed

MC - MISCELLANEOUS & MAINTENANCE CASE

CNR: KLAL050001612025

e-Filing Number

21-01-2025

Filing Number

160/2025

Filing Date

07-Feb-2025

Registration No

400111/2025

Registration Date

07-Feb-2025

Court

CJM Court Alappuzha

Judge

1-Chief Judicial Magistrate

Decision Date

12-Mar-2026

Nature of Disposal

Contested--DISPOSED

Last updated 25-May-2026

Acts & Sections

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14

Petitioner(s)

  1. 1.Axis Bank Limited

    Adv. AJITH KUMAR G

Respondent(s)

  1. 1.Santosh Kumar

  2. 2.Podiyamma

Case History

  1. Case disposedDisposed

  2. 12-Mar-2026

    OrderView PDF

    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.

  3. 12-Mar-2026

    Disposed

    Chief Judicial Magistrate

  4. 15-Jan-2026

    Call on

    Chief Judicial Magistrate

  5. 20-Nov-2025

    For commission report

    Chief Judicial Magistrate

  6. 12-Sep-2025

    For commission report

    Chief Judicial Magistrate

  7. 03-Jul-2025

    For commission report

    Chief Judicial Magistrate

  8. 07-Jun-2025

    For Depositting Batta

    Chief Judicial Magistrate

  9. 04-Apr-2025

    For Depositting Batta

    Chief Judicial Magistrate

  10. 14-Feb-2025

    First hearing

    Initial hearing scheduled

  11. 07-Feb-2025

    Case filed

    Registration No. 400111/2025

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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