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.

Await Reports Next hearing 05-May-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNED040004992026

e-Filing Number

07-12-2025

Filing Number

497/2026

Filing Date

24-Jan-2026

Registration No

162/2026

Registration Date

27-Jan-2026

Court

Chief Judicial Magistrate Court, Erode

Judge

10-Chief Judicial Magistrate

Last updated 27-Apr-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

  1. 1.Ms Equitas Small Finance Bank Ltd Rep by its Authorised Officer Mr T S Suriya

    Adv. Binny M

Respondent(s)

  1. 1.K R Prabu

Case History

  1. 05-May-2026

    Next hearingPending

  2. 16-Apr-2026

    Await Reports

    Chief Judicial Magistrate

  3. 10-Mar-2026

    Copy of JudgmentView PDF

    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.

  4. 10-Mar-2026

    Await Reports

    Chief Judicial Magistrate

  5. 04-Mar-2026

    Orders

    Chief Judicial Magistrate

  6. 26-Feb-2026

    Amendment

    Chief Judicial Magistrate

  7. 17-Feb-2026

    Amendment

    Chief Judicial Magistrate

  8. 07-Feb-2026

    Await Records

    Chief Judicial Magistrate

  9. 27-Jan-2026

    First hearing

    Initial hearing scheduled

  10. 24-Jan-2026

    Case filed

    Registration No. 162/2026

casestatus.in Summary

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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