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

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Disposed: Uncontested--Allowed on 26th March 2026.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNTJ180070422025

e-Filing Number

25-12-2025

Filing Number

7021/2025

Filing Date

30-Dec-2025

Registration No

52/2026

Registration Date

08-Jan-2026

Court

Chief Judicial Magistrate Court, Kumbakonam

Judge

2-Chief Judicial Magistrate, Thanjavur @Kumbakonam

Decision Date

26-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 Authorized Officer Kalaiyarasan

    Adv. A R G Law Associates

Respondent(s)

  1. 1.Mathiyalagan D

Case History

  1. Case disposedDisposed

  2. 26-Mar-2026

    Copy of OrderView PDF

    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.

  3. 26-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. 30-Dec-2025

    Case filed

    Registration No. 52/2026

casestatus.in Summary

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.

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