Equitas Small Finance Bank Ltd Rep by Mr Boopalan vs Elumalai — 270/2025

The Chief Judicial Magistrate, Ranipet granted Equitas Small Finance Bank's petition under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, authorizing an Advocate Commissioner to take possession of the mortgaged property from the borrowers. The court directed the Commissioner to prepare an inventory, break open locks if necessary, and hand over possession to the bank's authorized officer with police assistance, which was completed as per the Commissioner's report. This case analysis is maintained by casestatus.in based on publicly available court records.