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.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNTJ180053012025

e-Filing Number

14-10-2025

Filing Number

5287/2025

Filing Date

17-Oct-2025

Registration No

40/2026

Registration Date

05-Jan-2026

Court

Chief Judicial Magistrate Court, Kumbakonam

Judge

2-Chief Judicial Magistrate, Thanjavur @Kumbakonam

Decision Date

12-Mar-2026

Nature of Disposal

Uncontested--Allowed

Last updated 19-May-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

  1. 1.EQUITAS SMALL FINANCE BANK LTD REP BY ITS LEGAL MANAGER

    Adv. Mullai S

Respondent(s)

  1. 1.ARUMUGAM Advocate - Sarfaesi

Case History

  1. Case disposedDisposed

  2. 12-Mar-2026

    Copy of OrderView PDF

    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.

  3. 12-Mar-2026

    Disposed

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  4. 11-Mar-2026

    Enquiry

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  5. 25-Feb-2026

    Orders

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  6. 19-Feb-2026

    Orders

    Judicial Magistrate No.II, Kumbakonam

  7. 03-Feb-2026

    First hearing

    Initial hearing scheduled

  8. 17-Oct-2025

    Case filed

    Registration No. 40/2026

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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