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.
CRLMP - Criminal Miscellaneous Petition
CNR: TNRP020003732025
Next Hearing
24th April 2026
e-Filing Number
23-08-2025
Filing Number
373/2025
Filing Date
10-09-2025
Registration No
245/2025
Registration Date
25-11-2025
Court
Chief Judicial Magistrate Court, Ranipet
Judge
3-Chief Judicial Magistrate, Ranipet
Acts & Sections
Petitioner(s)
Equitas Small Finance Bank Ltd Rep by Mr Boopalan
Adv. LOKESH J
Respondent(s)
Rajakumari
Udhayakumar
Hearing History
Judge: 3-Chief Judicial Magistrate, Ranipet
For further Proceedings
Await Reports
Await Reports
Await Reports
Await Reports
| Date | Purpose | Result |
|---|---|---|
| 16-04-2026 | For further Proceedings | |
| 09-04-2026 | Await Reports | |
| 02-04-2026 | Await Reports | |
| 23-03-2026 | Await Reports | |
| 12-03-2026 | Await Reports |
Interim Orders
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.
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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