Indian Bank vs RAVI SANKAR — 1674/2025

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

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020060382025

Await Reports

Next Hearing

26th March 2026

e-Filing Number

15-10-2025

Filing Number

5830/2025

Filing Date

25-10-2025

Registration No

1674/2025

Registration Date

12-12-2025

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

Indian Bank

Adv. SHENBAGA E

Respondent(s)

RAVI SANKAR

Hearing History

Judge: 2-Chief Judicial Magistrate

16-03-2026

Await Reports

06-03-2026

Await Reports

20-02-2026

Orders

06-02-2026

Appearance

23-01-2026

Appearance

Interim Orders

06-03-2026
Copy of Judgment/Order

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.

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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