PIRAMAL FINANCE LIMITED REP BY AO N SURESH vs RAJAGOPAL VELAYUTHAM — 271/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1). Status: Service Pending. Next hearing: 04th May 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNRP020005252025

Service Pending

Next Hearing

04th May 2026

e-Filing Number

25-11-2025

Filing Number

525/2025

Filing Date

06-12-2025

Registration No

271/2025

Registration Date

06-12-2025

Court

Chief Judicial Magistrate Court, Ranipet

Judge

3-Chief Judicial Magistrate, Ranipet

Acts & Sections

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14(1)

Petitioner(s)

PIRAMAL FINANCE LIMITED REP BY AO N SURESH

Adv. SUBRAMANIYA PILLAI KUMARSWAMY

Respondent(s)

RAJAGOPAL VELAYUTHAM

Hearing History

Judge: 3-Chief Judicial Magistrate, Ranipet

02-04-2026

Service Pending

23-03-2026

Orders

09-03-2026

Appearance

02-03-2026

Appearance

16-02-2026

Appearance

Interim Orders

02-04-2026
Copy of Judgment/Order

CASE SUMMARY: The Chief Judicial Magistrate, Ranipet, granted the petition filed by Piramal Finance Limited under Section 14 of the SARFAESI Act, 2002. The court appointed an Advocate Commissioner (Mrs. L. Mohanapriya) to take possession of the mortgaged property from the respondents (borrowers) who defaulted on a loan of Rs. 9,99,038/- with outstanding dues of Rs. 10,28,614/-. The Advocate Commissioner is authorized to take police assistance if necessary and shall report by 04.05.2026, with remuneration fixed at Rs. 25,000/-. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

CASE SUMMARY: The Chief Judicial Magistrate, Ranipet, granted the petition filed by Piramal Finance Limited under Section 14 of the SARFAESI Act, 2002. The court appointed an Advocate Commissioner (Mrs. L. Mohanapriya) to take possession of the mortgaged property from the respondents (borrowers) who defaulted on a loan of Rs. 9,99,038/- with outstanding dues of Rs. 10,28,614/-. The Advocate Commissioner is authorized to take police assistance if necessary and shall report by 04.05.2026, with remuneration fixed at Rs. 25,000/-. This case analysis is maintained by casestatus.in based on publicly available court records.

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