Indian Bank vs RAVI SANKAR — 1674/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 26th March 2026.

Await Reports Next hearing 26-Mar-2026 this date has passed

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020060382025

e-Filing Number

15-10-2025

Filing Number

5830/2025

Filing Date

25-Oct-2025

Registration No

1674/2025

Registration Date

12-Dec-2025

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Last updated 19-Mar-2026

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

  1. 1.Indian Bank

    Adv. SHENBAGA E

Respondent(s)

  1. 1.RAVI SANKAR

Case History

  1. 26-Mar-2026

    Next hearingPending

  2. 16-Mar-2026

    Await Reports

    Chief Judicial Magistrate

  3. 06-Mar-2026

    Copy of Judgment/OrderView PDF

    Summary The petition filed by Indian Bank 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 the mortgaged property after the borrowers defaulted on a home loan of Rs. 15,50,000. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank, with police assistance authorized to break open locks if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 06-Mar-2026

    Await Reports

    Chief Judicial Magistrate

  5. 20-Feb-2026

    Orders

    Chief Judicial Magistrate

  6. 06-Feb-2026

    Appearance

    Chief Judicial Magistrate

  7. 23-Jan-2026

    Appearance

    Chief Judicial Magistrate

  8. 09-Jan-2026

    Appearance

    Chief Judicial Magistrate

  9. 26-Dec-2025

    Appearance

    Chief Judicial Magistrate

  10. 12-Dec-2025

    First hearing

    Initial hearing scheduled

  11. 25-Oct-2025

    Case filed

    Registration No. 1674/2025

casestatus.in Summary

Summary The petition filed by Indian Bank 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 the mortgaged property after the borrowers defaulted on a home loan of Rs. 15,50,000. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank, with police assistance authorized to break open locks if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

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