EQUITAS SMALL FINANCE BANK ITS REP AUTHOURISED T SURENDHIRAN vs PERHAPERUMAL R — 154/2026

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Disposed: Contested--CLOSED on 13th March 2026.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNTV020006112026

e-Filing Number

08-02-2026

Filing Number

589/2026

Filing Date

09-Feb-2026

Registration No

154/2026

Registration Date

24-Feb-2026

Court

Chief Judicial Magistrate Court, Tiruvarur

Judge

2-Chief Judicial Magistrate

Decision Date

13-Mar-2026

Nature of Disposal

Contested--CLOSED

Last updated 02-Jun-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

  1. 1.EQUITAS SMALL FINANCE BANK ITS REP AUTHOURISED T SURENDHIRAN

    Adv. SATHIYARAJ M

Respondent(s)

  1. 1.PERHAPERUMAL R

Case History

  1. Case disposedDisposed

  2. 13-Mar-2026

    Copy of OrderView PDF

    Case Summary: Equitas Small Finance Bank v. Pethaperumal Court Decision: The Chief Judicial Magistrate of Tiruvarur allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, and appointed an Advocate Commissioner to take physical possession of the respondents' mortgaged property. The court found that the respondents defaulted on a home equity loan of Rs. 3,10,000 with outstanding dues of Rs. 3,77,879 as of January 2026, and the bank had complied with statutory notice requirements under Sections 13(2) and 13(4) of the SARFAESI Act. The Advocate Commissioner was authorized to take possession with police assistance within 60 days, with a fee of Rs. 30,000 payable by the bank. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 13-Mar-2026

    Disposed

    Chief Judicial Magistrate

  4. 06-Mar-2026

    Orders

    Chief Judicial Magistrate

  5. 24-Feb-2026

    First hearing

    Initial hearing scheduled

  6. 09-Feb-2026

    Case filed

    Registration No. 154/2026

casestatus.in Summary

Case Summary: Equitas Small Finance Bank v. Pethaperumal Court Decision: The Chief Judicial Magistrate of Tiruvarur allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, and appointed an Advocate Commissioner to take physical possession of the respondents' mortgaged property. The court found that the respondents defaulted on a home equity loan of Rs. 3,10,000 with outstanding dues of Rs. 3,77,879 as of January 2026, and the bank had complied with statutory notice requirements under Sections 13(2) and 13(4) of the SARFAESI Act. The Advocate Commissioner was authorized to take possession with police assistance within 60 days, with a fee of Rs. 30,000 payable by the bank. This case analysis is maintained by casestatus.in based on publicly available court records.

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