Omkara Assets Reconstruction Private Limited vs Sakthi International rep by it partners, C.S. Thirugananasambandam and T. Latha — 311/2026

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 03rd June 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNMY020004812026

Await Reports

Next Hearing

03rd June 2026

e-Filing Number

08-12-2025

Filing Number

474/2026

Filing Date

30-01-2026

Registration No

311/2026

Registration Date

13-02-2026

Court

Chief Judicial Magistrate Court, Mayiladuthurai

Judge

9-Chief Judicial Magistrate, Mayiladuthurai

Acts & Sections

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14

Petitioner(s)

Omkara Assets Reconstruction Private Limited

Adv. Ragavan s

Respondent(s)

Sakthi International rep by it partners, C.S. Thirugananasambandam and T. Latha

C S Thirugnanasambandam

T Latha

S Sujath

G Sureshkumar

Hearing History

Judge: 9-Chief Judicial Magistrate, Mayiladuthurai

17-04-2026

Await Reports

09-03-2026

Await Reports

02-03-2026

Orders

13-02-2026

Enquiry

Interim Orders

09-03-2026
Copy of Judgment/Order

Summary: The petition filed by Omkara Assets Reconstruction Private Limited under Section 14 of the SARFAESI Act, 2002 was allowed. The court appointed Advocate M. Balaji as Commissioner to assist the petitioner in taking physical possession of five scheduled secured properties (land and buildings) in Sirkazhi, Nagapattinam district, after the respondents defaulted on their loan obligation and failed to comply with the demand notice issued under Section 13(2) of SARFAESI Act. The Commissioner was directed to prepare a detailed report and file it before the court, with remuneration fixed at Rs. 20,000. 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 was allowed. The court appointed Advocate M. Balaji as Commissioner to assist the petitioner in taking physical possession of five scheduled secured properties (land and buildings) in Sirkazhi, Nagapattinam district, after the respondents defaulted on their loan obligation and failed to comply with the demand notice issued under Section 13(2) of SARFAESI Act. The Commissioner was directed to prepare a detailed report and file it before the court, with remuneration fixed at Rs. 20,000. This case analysis is maintained by casestatus.in based on publicly available court records.

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