M/s Shriram Finance Ltd formally known as M/s Shriram Transport finance Co.ltd rep by its Authorize vs STEPHENSELVARAJ — 28/2023
Case under Codeofcivilprocedure Section or21r11(2). Disposed: Contested--Dismissed on 25th March 2026.
EP - Execution Petition
CNR: TNMY010022172023
e-Filing Number
-
Filing Number
610/2023
Filing Date
01-07-2023
Registration No
28/2023
Registration Date
04-07-2023
Court
District and Sessions Court, Mayiladuthurai
Judge
8-District and Sessions Judge, Mayiladuthurai
Decision Date
25th March 2026
Nature of Disposal
Contested--Dismissed
Acts & Sections
Petitioner(s)
M/s Shriram Finance Ltd formally known as M/s Shriram Transport finance Co.ltd rep by its Authorize
Adv. Thiru.R.SEYON
Respondent(s)
STEPHENSELVARAJ
SENTHIL
Hearing History
Judge: 8-District and Sessions Judge, Mayiladuthurai
Disposed
Orders
Orders
Enquiry
Part Heard
| Date | Purpose | Result |
|---|---|---|
| 25-03-2026 | Disposed | |
| 10-03-2026 | Orders | |
| 05-03-2026 | Orders | |
| 08-01-2026 | Enquiry | |
| 02-12-2025 | Part Heard |
Interim Orders
The court rejected the petitioner's claims of insolvency in this vehicle loan dispute. The petitioner had borrowed ₹20 lakhs in 2011 for a truck, repaid ₹5 lakhs, but defaulted on EMI payments, resulting in vehicle seizure. The court found that the petitioner failed to file a proper insolvency petition and determined that both the petitioner and co-respondent have sufficient means to repay the debt, thereby dismissing their insolvency claims. This case analysis is maintained by casestatus.in based on publicly available court records.
The court rejected the petitioner's claims of insolvency in this vehicle loan dispute. The petitioner had borrowed ₹20 lakhs in 2011 for a truck, repaid ₹5 lakhs, but defaulted on EMI payments, resulting in vehicle seizure. The court found that the petitioner failed to file a proper insolvency petition and determined that both the petitioner and co-respondent have sufficient means to repay the debt, thereby dismissing their insolvency claims. This case analysis is maintained by casestatus.in based on publicly available court records.
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