EQUITAS SMALL FINANCE BANK LTD REP BY ITS LEGAL MANAGER vs ARUMUGAM Advocate - Sarfaesi — 40/2026

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Disposed: Uncontested--Allowed on 12th March 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNTJ180053012025

Case disposed

e-Filing Number

14-10-2025

Filing Number

5287/2025

Filing Date

17-10-2025

Registration No

40/2026

Registration Date

05-01-2026

Court

Chief Judicial Magistrate Court, Kumbakonam

Judge

2-Chief Judicial Magistrate, Thanjavur @Kumbakonam

Decision Date

12th March 2026

Nature of Disposal

Uncontested--Allowed

Acts & Sections

SecuritisationandReconstructionofFinancialAssets&EnforcementofSecurityInterestAct Section 14

Petitioner(s)

EQUITAS SMALL FINANCE BANK LTD REP BY ITS LEGAL MANAGER

Adv. Mullai S

Respondent(s)

ARUMUGAM Advocate - Sarfaesi

Hearing History

Judge: 2-Chief Judicial Magistrate, Thanjavur @Kumbakonam

12-03-2026

Disposed

11-03-2026

Enquiry

25-02-2026

Orders

19-02-2026

Orders

03-02-2026

Orders

Final Orders / Judgements

12-03-2026
Copy of Order

Summary: The Chief Judicial Magistrate of Thanjavur allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, granting relief against borrowers Arumugam and Sumathi for defaulting on loans totaling ₹6,49,000. The court appointed an Advocate-Commissioner to take possession of the mortgaged property (2,959 sq.ft. in Raramuthiraikottai Village, Thanjavur District) after the borrowers failed to respond to demand and possession notices issued under SARFAESI procedures. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The Chief Judicial Magistrate of Thanjavur allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, granting relief against borrowers Arumugam and Sumathi for defaulting on loans totaling ₹6,49,000. The court appointed an Advocate-Commissioner to take possession of the mortgaged property (2,959 sq.ft. in Raramuthiraikottai Village, Thanjavur District) after the borrowers failed to respond to demand and possession notices issued under SARFAESI procedures. This case analysis is maintained by casestatus.in based on publicly available court records.

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