The Alleppey Urban Co-operative Bank Ltd.No.A.67 vs Prajin Prasad — 400601/2024

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Contested--DISPOSED on 11th March 2026.

Case disposed

MC - MISCELLANEOUS & MAINTENANCE CASE

CNR: KLAL050009712024

e-Filing Number

13-08-2024

Filing Number

400968/2024

Filing Date

01-Oct-2024

Registration No

400601/2024

Registration Date

10-Oct-2024

Court

CJM Court Alappuzha

Judge

1-Chief Judicial Magistrate

Decision Date

11-Mar-2026

Nature of Disposal

Contested--DISPOSED

Last updated 12-May-2026

Acts & Sections

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

Petitioner(s)

  1. 1.The Alleppey Urban Co-operative Bank Ltd.No.A.67

    Adv. JAYAN C DAS

Respondent(s)

  1. 1.Prajin Prasad

  2. 2.Sheeja Prasad

  3. 3.Prasad S

Case History

  1. Case disposedDisposed

  2. 11-Mar-2026

    OrderView PDF

    The Chief Judicial Magistrate of Alappuzha granted the Alleppey Urban Co-operative Bank's application under the SARFAESI Act 2002 to take possession of the secured property mortgaged by the respondents, as they defaulted on loan repayment despite receiving statutory notice under Section 13(2). An advocate commissioner was appointed to take possession after giving 15 days' notice and hand over the property to the bank with police assistance if required. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 11-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. 16-Oct-2025

    For commission report

    Chief Judicial Magistrate

  7. 29-Aug-2025

    Call on

    Chief Judicial Magistrate

  8. 20-Jun-2025

    For commission report

    Chief Judicial Magistrate

  9. 19-Apr-2025

    For commission report

    Chief Judicial Magistrate

  10. 04-Jan-2025

    For commission report

    Chief Judicial Magistrate

  11. 19-Oct-2024

    First hearing

    Initial hearing scheduled

  12. 01-Oct-2024

    Case filed

    Registration No. 400601/2024

casestatus.in Summary

The Chief Judicial Magistrate of Alappuzha granted the Alleppey Urban Co-operative Bank's application under the SARFAESI Act 2002 to take possession of the secured property mortgaged by the respondents, as they defaulted on loan repayment despite receiving statutory notice under Section 13(2). An advocate commissioner was appointed to take possession after giving 15 days' notice and hand over the property to the bank with police assistance if required. This case analysis is maintained by casestatus.in based on publicly available court records.

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