Ms Equitas Small Finance Bank Ltd Rep by its Authorised Officer Mr T S Suriya vs K R Prabu — 162/2026
Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 05th May 2026.
CRLMP - Criminal Miscellaneous Petition
CNR: TNED040004992026
Next Hearing
05th May 2026
e-Filing Number
07-12-2025
Filing Number
497/2026
Filing Date
24-01-2026
Registration No
162/2026
Registration Date
27-01-2026
Court
Chief Judicial Magistrate Court, Erode
Judge
10-Chief Judicial Magistrate
Acts & Sections
Petitioner(s)
Ms Equitas Small Finance Bank Ltd Rep by its Authorised Officer Mr T S Suriya
Adv. Binny M
Respondent(s)
K R Prabu
Hearing History
Judge: 10-Chief Judicial Magistrate
Await Reports
Await Reports
Orders
Amendment
Amendment
| Date | Purpose | Result |
|---|---|---|
| 16-04-2026 | Await Reports | |
| 10-03-2026 | Await Reports | |
| 04-03-2026 | Orders | |
| 26-02-2026 | Amendment | |
| 17-02-2026 | Amendment |
Interim Orders
Summary: The petition filed by Equitas Small Finance Bank Ltd. under Section 14 of the SARFAESI Act for taking physical possession of mortgaged properties was allowed. The court appointed Advocate Commissioner Mr. K.K. Vignesh to take physical possession of the secured assets worth Rs. 10,52,035/- (outstanding loan amount) after the respondents defaulted on an Rs. 8,00,000/- loan and resisted surrender despite statutory notices and symbolic possession on 03.09.2025. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary: The petition filed by Equitas Small Finance Bank Ltd. under Section 14 of the SARFAESI Act for taking physical possession of mortgaged properties was allowed. The court appointed Advocate Commissioner Mr. K.K. Vignesh to take physical possession of the secured assets worth Rs. 10,52,035/- (outstanding loan amount) after the respondents defaulted on an Rs. 8,00,000/- loan and resisted surrender despite statutory notices and symbolic possession on 03.09.2025. This case analysis is maintained by casestatus.in based on publicly available court records.
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