Ms Cholamandalam Investment Finance Company Ltd Rep by Authorized Officer ThiruKSADASIVAN vs Suguna K — 671/2026

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Chief Judicial Magistrate, Thirupathur

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Case Summary: Crl.M.P. No. 671/2026 Outcome: Petition ALLOWED Cholamandalam Investment & Finance Company Ltd.'s petition under Section 14 of the SARFAESI Act 2002 was allowed. The court appointed Advocate C. Cheran as Commissioner to take physical possession of the mortgaged residential property in Tirupathur District. The respondents (K. Suguna and family) defaulted on an Rs. 11 lakh home loan sanctioned in 2019, which was classified as a Non-Performing Asset. After issuing statutory notice and taking symbolic possession, the petitioner sought court assistance for actual possession, which was granted with a 30-day execution deadline and Rs. 30,000 commissioner remuneration. This case analysis is maintained by casestatus.in based on publicly available court records.

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Chief Judicial Magistrate, Thirupathur

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Chief Judicial Magistrate, Thirupathur

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Chief Judicial Magistrate, Thirupathur

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Chief Judicial Magistrate, Thirupathur

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Registration No. 671/2026