The Federal Bank Ltd, Ambalapuzha vs Ratheesh P — 400384/2025

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: KLAL050005662025

Case disposed

e-Filing Number

09-05-2025

Filing Number

565/2025

Filing Date

27-05-2025

Registration No

400384/2025

Registration Date

28-05-2025

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)

The Federal Bank Ltd, Ambalapuzha

Adv. CHITRA N R

Respondent(s)

Ratheesh P

Ambily S

Hearing History

Judge: 1-Chief Judicial Magistrate

12-03-2026

Disposed

15-01-2026

Call on

08-12-2025

Call on

25-10-2025

For commission report

25-09-2025

For commission report

Final Orders / Judgements

12-03-2026
Order

The Chief Judicial Magistrate of Alappuzha granted Federal Bank Limited's application under SARFAESI Act 2002 to take possession of the secured property of respondents Ratheesh.P and Ambily.S, who defaulted on their loan repayment despite receiving statutory notice. An advocate commissioner was appointed to take possession after giving 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 Federal Bank Limited's application under SARFAESI Act 2002 to take possession of the secured property of respondents Ratheesh.P and Ambily.S, who defaulted on their loan repayment despite receiving statutory notice. An advocate commissioner was appointed to take possession after giving 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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