State Bank of India Mavelikkara vs BABU S — 400549/2024

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Contested--DISPOSED on 30th March 2026.

MC - MISCELLANEOUS & MAINTENANCE CASE

CNR: KLAL050008962024

Case disposed

e-Filing Number

09-09-2024

Filing Number

400895/2024

Filing Date

09-09-2024

Registration No

400549/2024

Registration Date

18-09-2024

Court

CJM Court Alappuzha

Judge

1-Chief Judicial Magistrate

Decision Date

30th 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)

State Bank of India Mavelikkara

Adv. MIJI S MONY

Respondent(s)

BABU S

Hearing History

Judge: 1-Chief Judicial Magistrate

30-03-2026

Disposed

11-03-2026

For commission report

28-02-2026

Await report

28-01-2026

For reports

05-12-2025

For commission report

Final Orders / Judgements

30-03-2026
Order

Summary: The Chief Judicial Magistrate, Alappuzha, granted State Bank of India's petition under the SARFAESI Act 2002 to take possession of a Hyundai Xcent vehicle (Reg. No. KL-29-N-2962) from borrower Babu.S, who defaulted on loan repayment despite receiving statutory notice under Section 13(2). An advocate commissioner was appointed to execute possession and hand over the secured 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

Summary: The Chief Judicial Magistrate, Alappuzha, granted State Bank of India's petition under the SARFAESI Act 2002 to take possession of a Hyundai Xcent vehicle (Reg. No. KL-29-N-2962) from borrower Babu.S, who defaulted on loan repayment despite receiving statutory notice under Section 13(2). An advocate commissioner was appointed to execute possession and hand over the secured 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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