Omkara Assets Reconstruction Private Limited vs Dhandapani Spinning Mills Ltd — 91/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 02nd June 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNED040190332024

Await Reports

Next Hearing

02nd June 2026

e-Filing Number

07-08-2024

Filing Number

18847/2024

Filing Date

06-09-2024

Registration No

91/2025

Registration Date

10-01-2025

Court

Chief Judicial Magistrate Court, Erode

Judge

10-Chief Judicial Magistrate

Acts & Sections

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14
MP/1/2025 Classification : Condonation of Delay Petition Section Omkara Assets Reconstruction Private LimitedDhandapani Spinning Mills Ltd
MP/2/2026 Classification : Advance petition Section Dr S MaheshrajaOmkara Assets Reconstruction Private Limited

Petitioner(s)

Omkara Assets Reconstruction Private Limited

Adv. Ragavan s

Respondent(s)

Dhandapani Spinning Mills Ltd

Hearing History

Judge: 10-Chief Judicial Magistrate

22-04-2026

Await Reports

01-04-2026

Await Reports

30-03-2026

Orders

18-03-2026

Await Reports

13-03-2026

Await Reports

Interim Orders

17-03-2025
Copy of Judgment

Summary: The petition filed by Omkara Assets Reconstruction Private Limited under Section 14 of the SARFAESI Act 2002 has been allowed. The Chief Judicial Magistrate of Erode appointed Advocate Commissioner Tr. P.S. Gowrishankar to take physical possession of the mortgaged property located in Anthiyur Village, Erode District, after the respondents defaulted on a loan of Rs. 3,75,00,000. The court directed the Commissioner to inspect the property, prepare inventory, and hand over possession to the petitioner, with police and revenue assistance if necessary, with a report due by 28.04.2025. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The petition filed by Omkara Assets Reconstruction Private Limited under Section 14 of the SARFAESI Act 2002 has been allowed. The Chief Judicial Magistrate of Erode appointed Advocate Commissioner Tr. P.S. Gowrishankar to take physical possession of the mortgaged property located in Anthiyur Village, Erode District, after the respondents defaulted on a loan of Rs. 3,75,00,000. The court directed the Commissioner to inspect the property, prepare inventory, and hand over possession to the petitioner, with police and revenue assistance if necessary, with a report due by 28.04.2025. This case analysis is maintained by casestatus.in based on publicly available court records.

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