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.

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

CRLMP - Criminal Miscellaneous Petition

CNR: TNMY020008072026

e-Filing Number

09-02-2026

Filing Number

799/2026

Filing Date

13-Feb-2026

Registration No

355/2026

Registration Date

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

    Adv. MOHAMED SAFI A

Respondent(s)

  1. 1.Punitha Senthilkumar

  2. 2.Rukmani Ramaiyan

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 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.

  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. 20-Feb-2026

    First hearing

    Initial hearing scheduled

  8. 13-Feb-2026

    Case filed

    Registration No. 355/2026

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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