Cholamandalam MS General Insurance Co. Ltd. vs Murugesan D — 139/2026

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1)&14(2). Status: Await Reports. Next hearing: 24th March 2026.

Await Reports Next hearing 24-Mar-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNPB020041442025

e-Filing Number

18-10-2025

Filing Number

3918/2025

Filing Date

25-Oct-2025

Registration No

139/2026

Registration Date

02-Feb-2026

Court

Chief Judicial Magistrate Court, Perambalur

Judge

3-Chief Judicial Magistrate

Last updated 18-Mar-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1)&14(2)

Petitioner(s)

  1. 1.Cholamandalam MS General Insurance Co. Ltd.

    Adv. Raghunathan L

Respondent(s)

  1. 1.Murugesan D

Case History

  1. 24-Mar-2026

    Next hearingPending

  2. 10-Mar-2026

    Copy of Judgment/OrderView PDF

    Summary: The petition filed by Cholamandalam Investment and Finance Company Ltd under Section 14 of the SARFAESI Act 2002 has been allowed. The Court appointed Mr. K. Dineshkumar as Advocate Commissioner (remuneration fixed at Rs. 15,000) to take physical possession of the mortgaged property from the debtors Murugesan, Ananthi, and Ayyapan Construction, who defaulted on loans totaling Rs. 38,80,000. The bank had complied with mandatory SARFAESI requirements including issuing demand and possession notices. The Advocate Commissioner will inventory property contents and file a detailed report within 3 weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 10-Mar-2026

    Await Reports

    Chief Judicial Magistrate

  4. 06-Mar-2026

    Arguments

    Chief Judicial Magistrate

  5. 27-Feb-2026

    Arguments

    Chief Judicial Magistrate

  6. 20-Feb-2026

    Arguments

    Chief Judicial Magistrate

  7. 02-Feb-2026

    First hearing

    Initial hearing scheduled

  8. 25-Oct-2025

    Case filed

    Registration No. 139/2026

casestatus.in Summary

Summary: The petition filed by Cholamandalam Investment and Finance Company Ltd under Section 14 of the SARFAESI Act 2002 has been allowed. The Court appointed Mr. K. Dineshkumar as Advocate Commissioner (remuneration fixed at Rs. 15,000) to take physical possession of the mortgaged property from the debtors Murugesan, Ananthi, and Ayyapan Construction, who defaulted on loans totaling Rs. 38,80,000. The bank had complied with mandatory SARFAESI requirements including issuing demand and possession notices. The Advocate Commissioner will inventory property contents and file a detailed report within 3 weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

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