MS EQUITAS SMALL FINANCE BANK LIMITED Represented by its Authorized Officer Vellore vs Shanmugam — 285/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 04th May 2026.

Await Reports Next hearing 04-May-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNRP020005402025

e-Filing Number

11-12-2025

Filing Number

540/2025

Filing Date

12-Dec-2025

Registration No

285/2025

Registration Date

12-Dec-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.MS EQUITAS SMALL FINANCE BANK LIMITED Represented by its Authorized Officer Vellore

    Adv. Karthi S

Respondent(s)

  1. 1.Shanmugam

  2. 2.VIJI

Case History

  1. 04-May-2026

    Next hearingPending

  2. 15-Apr-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  3. 16-Mar-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  4. 09-Mar-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  5. 09-Feb-2026

    Copy of Judgment/OrderView PDF

    Summary The Chief Judicial Magistrate Court, Ranipet granted Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002 and appointed an Advocate Commissioner (Ms. K. Thamaraiselvi) to take physical possession of the mortgaged property from the borrower. The bank had issued a statutory demand notice on 27.05.2025 for an outstanding amount of Rs. 15,68,632 and a possession notice on 26.09.2025 after the borrower defaulted on a Rs. 17 lakh home loan; the court authorized the Advocate Commissioner to break open property if necessary and directed police assistance, with remuneration fixed at Rs. 25,000 and a report deadline of 09.03.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

  6. 09-Feb-2026

    Await Reports

    Chief Judicial Magistrate, Ranipet

  7. 28-Jan-2026

    Orders

    Chief Judicial Magistrate, Ranipet

  8. 19-Jan-2026

    Copy of Oral Evidence/DepositionView PDF

  9. 19-Jan-2026

    For further Proceedings

    Chief Judicial Magistrate, Ranipet

  10. 12-Dec-2025

    First hearing

    Initial hearing scheduled

  11. 12-Dec-2025

    Case filed

    Registration No. 285/2025

casestatus.in Summary

Summary The Chief Judicial Magistrate Court, Ranipet granted Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002 and appointed an Advocate Commissioner (Ms. K. Thamaraiselvi) to take physical possession of the mortgaged property from the borrower. The bank had issued a statutory demand notice on 27.05.2025 for an outstanding amount of Rs. 15,68,632 and a possession notice on 26.09.2025 after the borrower defaulted on a Rs. 17 lakh home loan; the court authorized the Advocate Commissioner to break open property if necessary and directed police assistance, with remuneration fixed at Rs. 25,000 and a report deadline of 09.03.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

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