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

Await Reports

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

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14

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

16-04-2026

Await Reports

10-03-2026

Await Reports

04-03-2026

Orders

26-02-2026

Amendment

17-02-2026

Amendment

Interim Orders

10-03-2026
Copy of Judgment

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.

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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