M s SHRIRAM FINANCE LTD BY AUTHORIZED OFFICER SHANMUGAVADIVELU vs JAYAPRAKASH — 287/2026
Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 03rd June 2026.
CRLMP - Criminal Miscellaneous Petition
CNR: TNMY020007512026
Next Hearing
03rd June 2026
e-Filing Number
08-01-2026
Filing Number
743/2026
Filing Date
10-02-2026
Registration No
287/2026
Registration Date
10-02-2026
Court
Chief Judicial Magistrate Court, Mayiladuthurai
Judge
9-Chief Judicial Magistrate, Mayiladuthurai
Acts & Sections
Petitioner(s)
M s SHRIRAM FINANCE LTD BY AUTHORIZED OFFICER SHANMUGAVADIVELU
Adv. SUMAN S
Respondent(s)
JAYAPRAKASH
SAIKRISHNAN
Hearing History
Judge: 9-Chief Judicial Magistrate, Mayiladuthurai
Await Reports
Await Reports
Orders
Appearance
| Date | Purpose | Result |
|---|---|---|
| 17-04-2026 | Await Reports | |
| 09-03-2026 | Await Reports | |
| 02-03-2026 | Orders | |
| 10-02-2026 | Appearance |
Interim Orders
SUMMARY The petition filed by Shriram Finance Ltd. under Section 14 of the SARFAESI Act 2002 is allowed. The court appointed Mrs. A. Nirmala (Advocate) as Commissioner to assist the petitioner in taking possession of the secured assets (two properties valued at approximately Rs. 1 crore) belonging to the respondents, who defaulted on their loan obligation. The Commissioner is directed to prepare a detailed report and file it before the court by 17.04.2026, with remuneration fixed at Rs. 20,000/-. This case analysis is maintained by casestatus.in based on publicly available court records.
SUMMARY The petition filed by Shriram Finance Ltd. under Section 14 of the SARFAESI Act 2002 is allowed. The court appointed Mrs. A. Nirmala (Advocate) as Commissioner to assist the petitioner in taking possession of the secured assets (two properties valued at approximately Rs. 1 crore) belonging to the respondents, who defaulted on their loan obligation. The Commissioner is directed to prepare a detailed report and file it before the court by 17.04.2026, 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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