Equitas Small Finance Bank Ltd Rep by Mr Boopalan vs Rajakumari — 245/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: For further Proceedings. Next hearing: 24th April 2026.

For further Proceedings Next hearing 24-Apr-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNRP020003732025

e-Filing Number

23-08-2025

Filing Number

373/2025

Filing Date

10-Sep-2025

Registration No

245/2025

Registration Date

25-Nov-2025

Court

Chief Judicial Magistrate Court, Ranipet

Judge

3-Chief Judicial Magistrate, Ranipet

Last updated 18-Apr-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

  1. 1.Equitas Small Finance Bank Ltd Rep by Mr Boopalan

    Adv. LOKESH J

Respondent(s)

  1. 1.Rajakumari

  2. 2.Udhayakumar

Case History

  1. 24-Apr-2026

    Next hearingPending

  2. 16-Apr-2026

    For further Proceedings

    Chief Judicial Magistrate, Ranipet

  3. 09-Apr-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  4. 02-Apr-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  5. 23-Mar-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  6. 12-Mar-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  7. 09-Mar-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  8. 09-Feb-2026

    Copy of Judgment/OrderView PDF

    Summary: The petition filed by Equitas Small Finance Bank Limited under Section 14 of the SARFAESI Act, 2002 has been allowed. The court appointed an Advocate Commissioner (Mrs. M. Valarmathi) to take possession of the mortgaged property of the respondent borrowers who defaulted on their Rs. 4,30,000 loan after the statutory 60-day notice period expired without payment. The Commissioner is authorized to break open locks, prepare inventory, and hand over the property to the bank with police assistance if needed, with remuneration of Rs. 25,000 and a report due by 09.03.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

  9. 09-Feb-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  10. 29-Jan-2026

    Orders

    Chief Judicial Magistrate, Ranipet

  11. 22-Jan-2026

    Copy of Oral Evidence/DepositionView PDF

  12. 22-Jan-2026

    Hearing on Sentence

    Chief Judicial Magistrate, Ranipet

  13. 07-Jan-2026

    Enquiry

    Chief Judicial Magistrate, Ranipet

  14. 26-Dec-2025

    Appearance

    Chief Judicial Magistrate, Ranipet

  15. 25-Nov-2025

    First hearing

    Initial hearing scheduled

  16. 10-Sep-2025

    Case filed

    Registration No. 245/2025

casestatus.in Summary

Summary: The petition filed by Equitas Small Finance Bank Limited under Section 14 of the SARFAESI Act, 2002 has been allowed. The court appointed an Advocate Commissioner (Mrs. M. Valarmathi) to take possession of the mortgaged property of the respondent borrowers who defaulted on their Rs. 4,30,000 loan after the statutory 60-day notice period expired without payment. The Commissioner is authorized to break open locks, prepare inventory, and hand over the property to the bank with police assistance if needed, with remuneration of Rs. 25,000 and a report due by 09.03.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

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