Statebank Of India vs City Hospital — 775/2024

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: For further Proceedings. Next hearing: 27th March 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020003482024

For further Proceedings

Next Hearing

27th March 2026

e-Filing Number

08-01-2024

Filing Number

316/2024

Filing Date

15-05-2024

Registration No

775/2024

Registration Date

15-05-2024

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

Statebank Of India

Adv. BALASUBRAMANIAN B

Respondent(s)

City Hospital

Hearing History

Judge: 2-Chief Judicial Magistrate

06-03-2026

For further Proceedings

20-02-2026

For further Proceedings

06-02-2026

For further Proceedings

23-01-2026

For further Proceedings

09-01-2026

For further Proceedings

Interim Orders

10-06-2024
Copy of Judgment/Order

Summary: The petition filed by State Bank of India under Section 14 of the SARFAESI Act 2002 has been allowed. The court granted the bank's request for assistance in taking physical possession of secured properties (including a hospital building and land in Aruppukottai) after the borrowers defaulted on a cash credit loan of Rs. 2.95 crores. An Advocate Commissioner has been appointed to inspect, inventory, and hand over physical possession of the properties to the bank, with police and administrative support authorized to execute the warrant. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The petition filed by State Bank of India under Section 14 of the SARFAESI Act 2002 has been allowed. The court granted the bank's request for assistance in taking physical possession of secured properties (including a hospital building and land in Aruppukottai) after the borrowers defaulted on a cash credit loan of Rs. 2.95 crores. An Advocate Commissioner has been appointed to inspect, inventory, and hand over physical possession of the properties to the bank, with police and administrative support authorized to execute the warrant. This case analysis is maintained by casestatus.in based on publicly available court records.

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