Equitas Small Finance Bank Ltd Rep by its Authorized Officer Kalaiyarasan vs Mathiyalagan D — 52/2026

Summary The Chief Judicial Magistrate granted Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, allowing the bank to take possession of mortgaged property from defaulting borrowers who failed to repay a ₹2,50,000 housing loan despite demand and possession notices. The court appointed an Advocate-Commissioner to take physical possession of the scheduled property (3766 sq.ft. land in Thanjavur) and hand it over to the bank, with authority to break open if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.