Equitas Small Finance Bank Limited vs P kilimuthu — 1471/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 13. Status: Await Reports. Next hearing: 27th March 2026.

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

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020059432025

e-Filing Number

22-10-2025

Filing Number

5739/2025

Filing Date

23-Oct-2025

Registration No

1471/2025

Registration Date

29-Oct-2025

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Last updated 19-Mar-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 13

Petitioner(s)

  1. 1.Equitas Small Finance Bank Limited

    Adv. BARATHKUMAR K M

Respondent(s)

  1. 1.P kilimuthu

  2. 2.K Bakkiyalakshmi

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. 26-Dec-2025

    Await Reports

    Chief Judicial Magistrate

  8. 16-Dec-2025

    Copy of Judgment/OrderView PDF

    Case Summary Petition ALLOWED. The Chief Judicial Magistrate granted Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act 2002 to take physical possession of the mortgaged property. The borrowers defaulted on a Rs. 3,50,000 business loan, and the bank complied with all statutory requirements including demand notice and possession notice. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank, with police and administrative assistance authorized if needed. This case analysis is maintained by casestatus.in based on publicly available court records.

  9. 16-Dec-2025

    Await Reports

    Chief Judicial Magistrate

  10. 02-Dec-2025

    Orders

    Chief Judicial Magistrate

  11. 18-Nov-2025

    Appearance

    Chief Judicial Magistrate

  12. 04-Nov-2025

    Appearance

    Chief Judicial Magistrate

  13. 29-Oct-2025

    First hearing

    Initial hearing scheduled

  14. 23-Oct-2025

    Case filed

    Registration No. 1471/2025

casestatus.in Summary

Case Summary Petition ALLOWED. The Chief Judicial Magistrate granted Equitas Small Finance Bank's petition under Section 14 of the SARFAESI Act 2002 to take physical possession of the mortgaged property. The borrowers defaulted on a Rs. 3,50,000 business loan, and the bank complied with all statutory requirements including demand notice and possession notice. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank, with police and administrative assistance authorized if needed. This case analysis is maintained by casestatus.in based on publicly available court records.

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