Equitas Small Finance Bank Ltd Rep by its Authorized Officer Kalaiyarasan vs Mahenthiran M — 309/2026
Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 03rd June 2026.
CRLMP - Criminal Miscellaneous Petition
CNR: TNMY020004152026
Next Hearing
03rd June 2026
e-Filing Number
16-01-2026
Filing Number
408/2026
Filing Date
28-01-2026
Registration No
309/2026
Registration Date
13-02-2026
Court
Chief Judicial Magistrate Court, Mayiladuthurai
Judge
9-Chief Judicial Magistrate, Mayiladuthurai
Acts & Sections
Petitioner(s)
Equitas Small Finance Bank Ltd Rep by its Authorized Officer Kalaiyarasan
Adv. A R G Law Associates
Respondent(s)
Mahenthiran M
Lalitha M
Mani P
Prabu M
Premakumari P
Rega G
Hearing History
Judge: 9-Chief Judicial Magistrate, Mayiladuthurai
Await Reports
Await Reports
Orders
Enquiry
| Date | Purpose | Result |
|---|---|---|
| 17-04-2026 | Await Reports | |
| 09-03-2026 | Await Reports | |
| 02-03-2026 | Orders | |
| 13-02-2026 | Enquiry |
Interim Orders
Summary: The petition filed by Equitas Small Finance Bank Limited under Section 14 of the SARFAESI Act, 2002 is allowed. The court appointed an Advocate Commissioner to assist the bank in taking possession of two secured properties (totaling approximately 4,304 sq.ft. of land with buildings) located in Mayiladuthurai after the borrowers defaulted on their loan and the account was classified as a Non-Performing Asset. The bank had complied with all statutory notice requirements under the SARFAESI Act, and the court found all conditions satisfied for possession recovery. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary: The petition filed by Equitas Small Finance Bank Limited under Section 14 of the SARFAESI Act, 2002 is allowed. The court appointed an Advocate Commissioner to assist the bank in taking possession of two secured properties (totaling approximately 4,304 sq.ft. of land with buildings) located in Mayiladuthurai after the borrowers defaulted on their loan and the account was classified as a Non-Performing Asset. The bank had complied with all statutory notice requirements under the SARFAESI Act, and the court found all conditions satisfied for possession recovery. This case analysis is maintained by casestatus.in based on publicly available court records.
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