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.
CRLMP - Criminal Miscellaneous Petition
CNR: TNPB020035922025
e-Filing Number
24-07-2025
Filing Number
3391/2025
Filing Date
12-09-2025
Registration No
1820/2025
Registration Date
04-11-2025
Court
Chief Judicial Magistrate Court, Perambalur
Judge
3-Chief Judicial Magistrate
Decision Date
10th March 2026
Nature of Disposal
Uncontested--CLOSED
Acts & Sections
Petitioner(s)
Repco Home Finance Limited, Authorized Officer, V. Gomathi Sankar.
Adv. TAMILNILAVAN
Respondent(s)
R ELAVARASAN
Hearing History
Judge: 3-Chief Judicial Magistrate
Disposed
Await Reports
Await Reports
Await Reports
Await Reports
| Date | Purpose |
|---|---|
| 10-03-2026 | Disposed |
| 06-03-2026 | Await Reports |
| 06-02-2026 | Await Reports |
| 02-01-2026 | Await Reports |
| 12-12-2025 | Await Reports |
Interim Orders
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.
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.
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