Ms Cholamandalam Investment Finance Company Ltd Represented by Authorized Officer ThiruKSADASIVAN vs Mr Saravanan M — 756/2026

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Chief Judicial Magistrate, Thirupathur

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Chief Judicial Magistrate, Thirupathur

Copy of Judgment/OrderView PDF

Case Summary: Crl.M.P. No. 756/2026 Cholamandalam Investment & Finance Company Ltd. filed a petition under Section 14 of the SARFAESI Act 2002 seeking to take physical possession of mortgaged property after respondents defaulted on a Rs. 16 lakh home loan sanctioned in July 2023. The loan was classified as a Non-Performing Asset on 27.09.2025, statutory demand notice was issued on 30.09.2025, and symbolic possession was taken on 05.01.2026. The court allowed the petition, appointing Advocate S. Jayakumar as Commissioner to execute physical possession of the scheduled property within 30 days, with remuneration of Rs. 30,000 and next hearing on 05.06.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

For further Proceedings

Chief Judicial Magistrate, Thirupathur

Enquiry

Chief Judicial Magistrate, Thirupathur

Enquiry

Chief Judicial Magistrate, Thirupathur

First hearing

Initial hearing scheduled

Case filed

Registration No. 756/2026