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.

Await Reports Next hearing 03-Jun-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNMY020004812026

e-Filing Number

08-12-2025

Filing Number

474/2026

Filing Date

30-Jan-2026

Registration No

311/2026

Registration Date

13-Feb-2026

Court

Chief Judicial Magistrate Court, Mayiladuthurai

Judge

9-Chief Judicial Magistrate, Mayiladuthurai

Last updated 18-Apr-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

  1. 1.Omkara Assets Reconstruction Private Limited

    Adv. Ragavan s

Respondent(s)

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

  2. 2.C S Thirugnanasambandam

  3. 3.T Latha

  4. 4.S Sujath

  5. 5.G Sureshkumar

Case History

  1. 03-Jun-2026

    Next hearingPending

  2. 17-Apr-2026

    Await Reports

    Chief Judicial Magistrate, Mayiladuthurai

  3. 09-Mar-2026

    Copy of Judgment/OrderView PDF

    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.

  4. 09-Mar-2026

    Await Reports

    Chief Judicial Magistrate, Mayiladuthurai

  5. 02-Mar-2026

    Copy of Oral Evidence/DepositionView PDF

  6. 02-Mar-2026

    Orders

    Chief Judicial Magistrate, Mayiladuthurai

  7. 13-Feb-2026

    First hearing

    Initial hearing scheduled

  8. 30-Jan-2026

    Case filed

    Registration No. 311/2026

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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