Canara Bank Rep by Authorized Officer C Siva vs TVS Masala Company — 1254/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1) and (2). Status: Await Reports. Next hearing: 27th March 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020048932025

Await Reports

Next Hearing

27th March 2026

e-Filing Number

23-08-2025

Filing Number

4741/2025

Filing Date

28-08-2025

Registration No

1254/2025

Registration Date

15-09-2025

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14(1) and (2)

Petitioner(s)

Canara Bank Rep by Authorized Officer C Siva

Adv. Sundaraj M

Respondent(s)

TVS Masala Company

Hearing History

Judge: 2-Chief Judicial Magistrate

06-03-2026

Await Reports

20-02-2026

Await Reports

06-02-2026

Await Reports

23-01-2026

Await Reports

09-01-2026

Await Reports

Interim Orders

24-11-2025
Copy of Judgment/Order

Summary: The petition filed by Canara Bank under Section 14 of the SARFAESI Act 2002 has been allowed. The court granted the bank assistance to take physical possession of the mortgaged property (9.83 cents of land in Anaikuttam Village, Sivakasi) belonging to the respondent borrower, who defaulted on a loan of Rs. 47,50,000/-. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank after following due procedure and notification to both parties. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The petition filed by Canara Bank under Section 14 of the SARFAESI Act 2002 has been allowed. The court granted the bank assistance to take physical possession of the mortgaged property (9.83 cents of land in Anaikuttam Village, Sivakasi) belonging to the respondent borrower, who defaulted on a loan of Rs. 47,50,000/-. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank after following due procedure and notification to both parties. This case analysis is maintained by casestatus.in based on publicly available court records.

Browse Related Cases

More from this court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar All courts →

Explore other courts

Search Another Case