EQUITAS SMALL FINANCE BANK LTD REP BY ITS LEGAL MANAGER vs KARUNANITHI Advocate - Sarfaesi — 1102/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Disposed: Uncontested--Allowed on 15th April 2026.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNTJ180058742025

e-Filing Number

14-11-2025

Filing Number

5859/2025

Filing Date

14-Nov-2025

Registration No

1102/2025

Registration Date

18-Dec-2025

Court

Chief Judicial Magistrate Court, Kumbakonam

Judge

2-Chief Judicial Magistrate, Thanjavur @Kumbakonam

Decision Date

15-Apr-2026

Nature of Disposal

Uncontested--Allowed

Last updated 18-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.KARUNANITHI Advocate - Sarfaesi

Case History

  1. Case disposedDisposed

  2. 15-Apr-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 the bank possession of a mortgaged property due to the borrowers' default on a Rs. 1,60,000 housing loan. The court appointed an Advocate-Commissioner to take possession of the scheduled property (1452 sq.ft. land and building in Thanjavur district) and handover possession to the bank, authorizing breaking open if necessary. The court found that all statutory procedures—demand notice (Feb 2025), possession notice (June 2025), and newspaper publication—were properly followed, and the borrowers failed to object or repay despite receiving notices. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 15-Apr-2026

    Disposed

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  4. 30-Mar-2026

    Orders

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  5. 11-Mar-2026

    Amendment

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  6. 24-Feb-2026

    Enquiry

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  7. 10-Feb-2026

    Steps

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  8. 28-Jan-2026

    Steps

    Chief Judicial Magistrate, Thanjavur @Kumbakonam

  9. 21-Jan-2026

    First hearing

    Initial hearing scheduled

  10. 14-Nov-2025

    Case filed

    Registration No. 1102/2025

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 the bank possession of a mortgaged property due to the borrowers' default on a Rs. 1,60,000 housing loan. The court appointed an Advocate-Commissioner to take possession of the scheduled property (1452 sq.ft. land and building in Thanjavur district) and handover possession to the bank, authorizing breaking open if necessary. The court found that all statutory procedures—demand notice (Feb 2025), possession notice (June 2025), and newspaper publication—were properly followed, and the borrowers failed to object or repay despite receiving notices. This case analysis is maintained by casestatus.in based on publicly available court records.

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