State Bank of India Rep by P Moses Raj vs R Harish — 684/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Disposed: Uncontested--Settled out of court on 12th March 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNKI020018102025

Case disposed

e-Filing Number

10-03-2025

Filing Number

1807/2025

Filing Date

07-04-2025

Registration No

684/2025

Registration Date

07-04-2025

Court

Chief Judicial Magistrate Court, Krishnagiri

Judge

3-Chief Judicial Magistrate, Krishnagiri

Decision Date

12th March 2026

Nature of Disposal

Uncontested--Settled out of court

Acts & Sections

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14

Petitioner(s)

State Bank of India Rep by P Moses Raj

Adv. C.PREMANAND

Respondent(s)

R Harish

R Balaji

Hearing History

Judge: 3-Chief Judicial Magistrate, Krishnagiri

12-03-2026

Disposed

10-03-2026

Await Reports

24-02-2026

Await Reports

03-02-2026

Await Reports

06-01-2026

Await Reports

Interim Orders

09-04-2025
Copy of Judgment/Order

The court granted State Bank of India's petition under Section 14 of the SARFAESI Act to take possession of mortgaged property from borrowers R Harish and R Balaji, who defaulted on a Rs. 18,06,931 loan sanctioned in July 2015. Finding all statutory requirements satisfied—including the loan's classification as a Non-Performing Asset, issuance of demand notice, and symbolic possession—the court appointed an Advocate Commissioner to transfer possession of the property to the bank upon payment of Rs. 20,000 remuneration. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

The court granted State Bank of India's petition under Section 14 of the SARFAESI Act to take possession of mortgaged property from borrowers R Harish and R Balaji, who defaulted on a Rs. 18,06,931 loan sanctioned in July 2015. Finding all statutory requirements satisfied—including the loan's classification as a Non-Performing Asset, issuance of demand notice, and symbolic possession—the court appointed an Advocate Commissioner to transfer possession of the property to the bank upon payment of Rs. 20,000 remuneration. This case analysis is maintained by casestatus.in based on publicly available court records.

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