M/s Ujjivan Small Finance Bank Ltd Rep by its Authorized officer Mr Prasanna JLC vs Mr Murugan — 2986/2025

Summary: The petition filed by Ujjivan Small Finance Bank Ltd. under Section 14 of the SARFAESI Act, 2002, seeking court assistance to take possession of secured assets (a house property) was allowed. The respondents had defaulted on their loan repayment, resulting in the account being classified as a Non-Performing Asset (NPA). After the bank issued statutory notices under Section 13(2) of the SARFAESI Act and published notices in newspapers without receiving payment, the court found all procedural requirements satisfied and appointed an Advocate Commissioner to facilitate possession of the property after inventory, with the next hearing scheduled for April 17, 2026. This case analysis is maintained by casestatus.in based on publicly available court records.