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.

Await Reports Next hearing 27-Mar-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020048932025

e-Filing Number

23-08-2025

Filing Number

4741/2025

Filing Date

28-Aug-2025

Registration No

1254/2025

Registration Date

15-Sep-2025

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Last updated 19-Mar-2026

Acts & Sections

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

Petitioner(s)

  1. 1.Canara Bank Rep by Authorized Officer C Siva

    Adv. Sundaraj M

Respondent(s)

  1. 1.TVS Masala Company

Case History

  1. 27-Mar-2026

    Next hearingPending

  2. 06-Mar-2026

    Await Reports

    Chief Judicial Magistrate

  3. 20-Feb-2026

    Await Reports

    Chief Judicial Magistrate

  4. 06-Feb-2026

    Await Reports

    Chief Judicial Magistrate

  5. 23-Jan-2026

    Await Reports

    Chief Judicial Magistrate

  6. 09-Jan-2026

    Await Reports

    Chief Judicial Magistrate

  7. 19-Dec-2025

    Await Reports

    Chief Judicial Magistrate

  8. 05-Dec-2025

    Await Reports

    Chief Judicial Magistrate

  9. 24-Nov-2025

    Copy of Judgment/OrderView PDF

    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.

  10. 24-Nov-2025

    Await Reports

    Chief Judicial Magistrate

  11. 10-Nov-2025

    Orders

    Chief Judicial Magistrate

  12. 27-Oct-2025

    Appearance

    Chief Judicial Magistrate

  13. 13-Oct-2025

    Appearance

    Chief Judicial Magistrate

  14. 29-Sep-2025

    Appearance

    Chief Judicial Magistrate

  15. 15-Sep-2025

    First hearing

    Initial hearing scheduled

  16. 28-Aug-2025

    Case filed

    Registration No. 1254/2025

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.

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