EQUITAS SMALL FINANCE BANK LTD REP BY ITS AUTHOURISED OFFICER MR.G. MURUGAN vs SANKAR — 340/2026

Disposed: Contested--CLOSED on 29th May 2026.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNTV020015012026

e-Filing Number

22-04-2026

Filing Number

1451/2026

Filing Date

06-May-2026

Registration No

340/2026

Registration Date

08-May-2026

Court

Chief Judicial Magistrate Court, Tiruvarur

Judge

2-Chief Judicial Magistrate

Decision Date

29-May-2026

Nature of Disposal

Contested--CLOSED

Last updated 16-Jul-2026

Petitioner(s)

  1. 1.EQUITAS SMALL FINANCE BANK LTD REP BY ITS AUTHOURISED OFFICER MR.G. MURUGAN

    Adv. Jahabar sadiq

Respondent(s)

  1. 1.SANKAR

Case History

  1. Case disposedDisposed

  2. 29-May-2026

    Copy of OrderView PDF

    Case Summary: Equitas Small Finance Bank Ltd v. Sankar (340/2026) The Chief Judicial Magistrate allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act 2002, granting the bank the right to take physical possession of the respondent's mortgaged property valued at 3,488 sq.ft. in Karuppukilar Village, Thiruvarur District. The court found that respondents defaulted on their property loan of Rs.1,60,166, and the bank had complied with statutory notice requirements (Sections 13(2) and 13(4) of SARFAESI), including issuing demand and possession notices with newspaper publication. An Advocate Commissioner was appointed to execute possession with police assistance, authorized to break open if necessary, with the bank liable for Rs.30,000 commissioner fees within 15 days. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 29-May-2026

    Disposed

    Chief Judicial Magistrate

  4. 27-May-2026

    Orders

    Chief Judicial Magistrate

  5. 26-May-2026

    Appearance

    Chief Judicial Magistrate

  6. 08-May-2026

    First hearing

    Initial hearing scheduled

  7. 06-May-2026

    Case filed

    Registration No. 340/2026

casestatus.in Summary

Case Summary: Equitas Small Finance Bank Ltd v. Sankar (340/2026) The Chief Judicial Magistrate allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act 2002, granting the bank the right to take physical possession of the respondent's mortgaged property valued at 3,488 sq.ft. in Karuppukilar Village, Thiruvarur District. The court found that respondents defaulted on their property loan of Rs.1,60,166, and the bank had complied with statutory notice requirements (Sections 13(2) and 13(4) of SARFAESI), including issuing demand and possession notices with newspaper publication. An Advocate Commissioner was appointed to execute possession with police assistance, authorized to break open if necessary, with the bank liable for Rs.30,000 commissioner fees within 15 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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