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.
CRLMP - Criminal Miscellaneous Petition
CNR: TNTJ180058742025
e-Filing Number
14-11-2025
Filing Number
5859/2025
Filing Date
14-11-2025
Registration No
1102/2025
Registration Date
18-12-2025
Court
Chief Judicial Magistrate Court, Kumbakonam
Judge
2-Chief Judicial Magistrate, Thanjavur @Kumbakonam
Decision Date
15th April 2026
Nature of Disposal
Uncontested--Allowed
Acts & Sections
Petitioner(s)
EQUITAS SMALL FINANCE BANK LTD REP BY ITS LEGAL MANAGER
Adv. Mullai S
Respondent(s)
KARUNANITHI Advocate - Sarfaesi
Hearing History
Judge: 2-Chief Judicial Magistrate, Thanjavur @Kumbakonam
Disposed
Orders
Amendment
Enquiry
Steps
| Date | Purpose |
|---|---|
| 15-04-2026 | Disposed |
| 30-03-2026 | Orders |
| 11-03-2026 | Amendment |
| 24-02-2026 | Enquiry |
| 10-02-2026 | Steps |
Final Orders / Judgements
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.
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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