EQUITAS SMALL FINANCE BANK LTD REP BY ITS AUTHOURISED OFFICER MR. S. SANTHOSH vs Ragul — 78/2026

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1). Disposed: Contested--CLOSED on 23rd March 2026.

Case disposed

CRLMP - Criminal Miscellaneous Petition

CNR: TNTV020035312025

e-Filing Number

23-10-2025

Filing Number

3415/2025

Filing Date

06-Nov-2025

Registration No

78/2026

Registration Date

02-Feb-2026

Court

Chief Judicial Magistrate Court, Tiruvarur

Judge

2-Chief Judicial Magistrate

Decision Date

23-Mar-2026

Nature of Disposal

Contested--CLOSED

Last updated 02-Jun-2026

FIR Details

Police Station

NANNILAM P.S.,

Year

0

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1)

Petitioner(s)

  1. 1.EQUITAS SMALL FINANCE BANK LTD REP BY ITS AUTHOURISED OFFICER MR. S. SANTHOSH

    Adv. RANJITH N.

Respondent(s)

  1. 1.Ragul

Case History

  1. Case disposedDisposed

  2. 23-Mar-2026

    Copy of OrderView PDF

    Case Summary: Equitas Small Finance Bank Ltd. v. Ragul (78/2026) The Chief Judicial Magistrate, Tiruvarur allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, granting it possession of mortgaged property after the respondents defaulted on a Rs. 2,50,000 loan with Rs. 1,64,208 outstanding as of July 9, 2024. The court found the bank complied with statutory notice requirements under Sections 13(2) and 13(4) of SARFAESI Act and appointed an Advocate Commissioner to take physical possession of the scheduled property in Velangudi with police assistance, fixing the Commissioner's fee at Rs. 30,000. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 23-Mar-2026

    Disposed

    Chief Judicial Magistrate

  4. 13-Mar-2026

    Orders

    Chief Judicial Magistrate

  5. 03-Mar-2026

    Appearance

    Chief Judicial Magistrate

  6. 23-Feb-2026

    Appearance

    Chief Judicial Magistrate

  7. 02-Feb-2026

    First hearing

    Initial hearing scheduled

  8. 06-Nov-2025

    Case filed

    Registration No. 78/2026

casestatus.in Summary

Case Summary: Equitas Small Finance Bank Ltd. v. Ragul (78/2026) The Chief Judicial Magistrate, Tiruvarur allowed Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act, 2002, granting it possession of mortgaged property after the respondents defaulted on a Rs. 2,50,000 loan with Rs. 1,64,208 outstanding as of July 9, 2024. The court found the bank complied with statutory notice requirements under Sections 13(2) and 13(4) of SARFAESI Act and appointed an Advocate Commissioner to take physical possession of the scheduled property in Velangudi with police assistance, fixing the Commissioner's fee at Rs. 30,000. This case analysis is maintained by casestatus.in based on publicly available court records.

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