M/s ICICI Bank Limited vs Venus Traders — 400665/2024

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

Case disposed

MC - MISCELLANEOUS & MAINTENANCE CASE

CNR: KLAL050011082024

e-Filing Number

04-11-2024

Filing Number

401104/2024

Filing Date

07-Nov-2024

Registration No

400665/2024

Registration Date

08-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

Petitioner(s)

  1. 1.M/s ICICI Bank Limited

    Adv. RENJITH R

Respondent(s)

  1. 1.Venus Traders

  2. 2.Kasi Viswanathan

  3. 3.Subha

Case History

  1. Case disposedDisposed

  2. 18-Mar-2026

    OrderView PDF

    The Chief Judicial Magistrate, Alappuzha granted ICICI Bank's application under the SARFAESI Act 2002 to take possession of the secured asset (scheduled property) after respondents Venus Traders, Kasi Viswanathan, and Subha defaulted on loan repayment despite receiving statutory notice under Section 13(2). An advocate commissioner was appointed to take possession after 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.

  3. 18-Mar-2026

    Disposed

    Chief Judicial Magistrate

  4. 20-Jan-2026

    Call on

    Chief Judicial Magistrate

  5. 01-Dec-2025

    Stayed. Call on

    Chief Judicial Magistrate

  6. 17-Oct-2025

    Stayed. Call on

    Chief Judicial Magistrate

  7. 29-Aug-2025

    Call on

    Chief Judicial Magistrate

  8. 02-Jul-2025

    For commission report

    Chief Judicial Magistrate

  9. 16-Apr-2025

    For commission report

    Chief Judicial Magistrate

  10. 21-Feb-2025

    For commission report

    Chief Judicial Magistrate

  11. 22-Nov-2024

    First hearing

    Initial hearing scheduled

  12. 07-Nov-2024

    Case filed

    Registration No. 400665/2024

casestatus.in Summary

The Chief Judicial Magistrate, Alappuzha granted ICICI Bank's application under the SARFAESI Act 2002 to take possession of the secured asset (scheduled property) after respondents Venus Traders, Kasi Viswanathan, and Subha defaulted on loan repayment despite receiving statutory notice under Section 13(2). An advocate commissioner was appointed to take possession after 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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