Repco Home Finance Limited, Authorized Officer, V. Gomathi Sankar. vs R ELAVARASAN — 1820/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section Section14. Disposed: Uncontested--CLOSED on 10th March 2026.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNPB020035922025

e-Filing Number

24-07-2025

Filing Number

3391/2025

Filing Date

12-Sep-2025

Registration No

1820/2025

Registration Date

04-Nov-2025

Court

Chief Judicial Magistrate Court, Perambalur

Judge

3-Chief Judicial Magistrate

Decision Date

10-Mar-2026

Nature of Disposal

Uncontested--CLOSED

Last updated 18-Mar-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section Section14

Petitioner(s)

  1. 1.Repco Home Finance Limited, Authorized Officer, V. Gomathi Sankar.

    Adv. TAMILNILAVAN

Respondent(s)

  1. 1.R ELAVARASAN

Case History

  1. Case disposedDisposed

  2. 10-Mar-2026

    Disposed

    Chief Judicial Magistrate

  3. 06-Mar-2026

    Await Reports

    Chief Judicial Magistrate

  4. 06-Feb-2026

    Await Reports

    Chief Judicial Magistrate

  5. 02-Jan-2026

    Await Reports

    Chief Judicial Magistrate

  6. 12-Dec-2025

    Copy of Judgment/OrderView PDF

    Summary The Chief Judicial Magistrate of Perambalur allowed REPCO Home Finance Limited's petition under Section 14 of the SARFAESI Act 2002 to take physical possession of mortgaged property from borrowers who defaulted on a ₹25,00,000 home loan. The court found the bank complied with all mandatory SARFAESI requirements, including issuing demand notices and newspaper publications, after which borrowers failed to respond or repay the outstanding amount of ₹24,98,022. An Advocate Commissioner was appointed to take possession of the property with police assistance if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

  7. 12-Dec-2025

    Await Reports

    Chief Judicial Magistrate

  8. 05-Dec-2025

    Arguments

    Chief Judicial Magistrate

  9. 21-Nov-2025

    Appearance

    Chief Judicial Magistrate

  10. 14-Nov-2025

    Appearance

    Chief Judicial Magistrate

  11. 04-Nov-2025

    First hearing

    Initial hearing scheduled

  12. 12-Sep-2025

    Case filed

    Registration No. 1820/2025

casestatus.in Summary

Summary The Chief Judicial Magistrate of Perambalur allowed REPCO Home Finance Limited's petition under Section 14 of the SARFAESI Act 2002 to take physical possession of mortgaged property from borrowers who defaulted on a ₹25,00,000 home loan. The court found the bank complied with all mandatory SARFAESI requirements, including issuing demand notices and newspaper publications, after which borrowers failed to respond or repay the outstanding amount of ₹24,98,022. An Advocate Commissioner was appointed to take possession of the property with police assistance if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

High Courts Supreme Court
Search Another Case