M/s Mahindra Rural Housing Finance Ltd vs Rajaneesh — 147/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14(1). Disposed: Contested--DISPOSED on 23rd May 2026.

Case disposed

Crl. MP(Complaint) - CRIMINAL MISCELLANEOUS PETITION (COMPLAINT)

CNR: KLAL050002102026

Filing Number

162/2026

Filing Date

04-Mar-2026

Registration No

147/2026

Registration Date

07-Mar-2026

Court

CJM Court Alappuzha

Judge

1-Chief Judicial Magistrate

Decision Date

23-May-2026

Nature of Disposal

Contested--DISPOSED

Last updated 21-Jun-2026

Acts & Sections

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14(1)

Petitioner(s)

  1. 1.M/s Mahindra Rural Housing Finance Ltd

    Adv. APARNA C. MENON

Respondent(s)

  1. 1.Rajaneesh

  2. 2.Remchith

  3. 3.Retnamma

  4. 4.Rajitha

  5. 5.Prajith

Case History

  1. Case disposedDisposed

  2. 23-May-2026

    OrderView PDF

    Case Summary: M/s Mahindra Rural Housing Finance Ltd v. Rajaneesh and Others (MC 147/2026) The Chief Judicial Magistrate of Alappuzha granted Mahindra Rural Housing Finance Limited's petition under Section 14(1) of the SARFAESI Act 2002 for possession of secured property. The respondents had defaulted on a housing loan despite receiving statutory notice under Section 13(2), and the account was classified as a Non-Performing Asset. However, the case was subsequently closed on 23 May 2026 after the parties settled the matter; possession was not taken and the original order dated 07 March 2026 remained outstanding. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 23-May-2026

    Disposed

    Chief Judicial Magistrate

  4. 18-Mar-2026

    First hearing

    Initial hearing scheduled

  5. 04-Mar-2026

    Case filed

    Registration No. 147/2026

casestatus.in Summary

Case Summary: M/s Mahindra Rural Housing Finance Ltd v. Rajaneesh and Others (MC 147/2026) The Chief Judicial Magistrate of Alappuzha granted Mahindra Rural Housing Finance Limited's petition under Section 14(1) of the SARFAESI Act 2002 for possession of secured property. The respondents had defaulted on a housing loan despite receiving statutory notice under Section 13(2), and the account was classified as a Non-Performing Asset. However, the case was subsequently closed on 23 May 2026 after the parties settled the matter; possession was not taken and the original order dated 07 March 2026 remained outstanding. This case analysis is maintained by casestatus.in based on publicly available court records.

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