The Federal Bank Ltd. vs Faisal Latheef — 400677/2024

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14(1). Disposed: Contested--DISPOSED on 18th March 2026.

Case disposed

MC - MISCELLANEOUS & MAINTENANCE CASE

CNR: KLAL050010942024

e-Filing Number

22-10-2024

Filing Number

401090/2024

Filing Date

06-Nov-2024

Registration No

400677/2024

Registration Date

15-Nov-2024

Court

CJM Court Alappuzha

Judge

1-Chief Judicial Magistrate

Decision Date

18-Mar-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.The Federal Bank Ltd.

    Adv. Hemalatha R

Respondent(s)

  1. 1.Faisal Latheef

Case History

  1. Case disposedDisposed

  2. 18-Mar-2026

    OrderView PDF

    Case Summary: 400677/2024 The Chief Judicial Magistrate, Alappuzha granted Federal Bank Limited's petition under the SARFAESI Act 2002 to take possession of secured property mortgaged by Faisal Latheef and co-respondents, who defaulted on their loan despite receiving statutory notice under Section 13(2). The court appointed Advocate Jibin Thomas as commissioner to take possession after 15 days' notice and hand over the property to the bank for debt realization. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 18-Mar-2026

    Disposed

    Chief Judicial Magistrate

  4. 20-Jan-2026

    Call on

    Chief Judicial Magistrate

  5. 01-Dec-2025

    For commission report

    Chief Judicial Magistrate

  6. 17-Oct-2025

    For commission report

    Chief Judicial Magistrate

  7. 29-Aug-2025

    Call on

    Chief Judicial Magistrate

  8. 02-Jul-2025

    For commission report

    Chief Judicial Magistrate

  9. 21-May-2025

    For commission report

    Chief Judicial Magistrate

  10. 12-Mar-2025

    For commission report

    Chief Judicial Magistrate

  11. 04-Dec-2024

    For commission report

    Chief Judicial Magistrate

  12. 26-Nov-2024

    First hearing

    Initial hearing scheduled

  13. 06-Nov-2024

    Case filed

    Registration No. 400677/2024

casestatus.in Summary

Case Summary: 400677/2024 The Chief Judicial Magistrate, Alappuzha granted Federal Bank Limited's petition under the SARFAESI Act 2002 to take possession of secured property mortgaged by Faisal Latheef and co-respondents, who defaulted on their loan despite receiving statutory notice under Section 13(2). The court appointed Advocate Jibin Thomas as commissioner to take possession after 15 days' notice and hand over the property to the bank for debt realization. This case analysis is maintained by casestatus.in based on publicly available court records.

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