Ms Equitas Small Finance Bank Limited Represented by its Authorized Officer Mr K Shanmuganathan vs Punitha Senthilkumar — 355/2026

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

CRLMP - Criminal Miscellaneous Petition

CNR: TNMY020008072026

Await Reports

Next Hearing

03rd June 2026

e-Filing Number

09-02-2026

Filing Number

799/2026

Filing Date

13-02-2026

Registration No

355/2026

Registration Date

20-02-2026

Court

Chief Judicial Magistrate Court, Mayiladuthurai

Judge

9-Chief Judicial Magistrate, Mayiladuthurai

Acts & Sections

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14

Petitioner(s)

Ms Equitas Small Finance Bank Limited Represented by its Authorized Officer Mr K Shanmuganathan

Adv. MOHAMED SAFI A

Respondent(s)

Punitha Senthilkumar

Rukmani Ramaiyan

Hearing History

Judge: 9-Chief Judicial Magistrate, Mayiladuthurai

17-04-2026

Await Reports

09-03-2026

Await Reports

02-03-2026

Orders

20-02-2026

Enquiry

Interim Orders

09-03-2026
Copy of Judgment/Order

Summary: The petition filed by Equitas Small Finance Bank Limited under Section 14 of the SARFAESI Act, 2002 was allowed. The court appointed Mr. S. Sivaakash (Advocate) as Commissioner to assist the bank in taking possession of the secured property (land and building in Mayiladuthurai District) after the borrowers defaulted on their mortgage and merchant overdraft loans despite receiving demand notices. The Commissioner is directed to take inventory, hand over the asset to the bank for debt recovery, and file a detailed report by 17.04.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The petition filed by Equitas Small Finance Bank Limited under Section 14 of the SARFAESI Act, 2002 was allowed. The court appointed Mr. S. Sivaakash (Advocate) as Commissioner to assist the bank in taking possession of the secured property (land and building in Mayiladuthurai District) after the borrowers defaulted on their mortgage and merchant overdraft loans despite receiving demand notices. The Commissioner is directed to take inventory, hand over the asset to the bank for debt recovery, and file a detailed report by 17.04.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

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