Equitas Small Finance Bank Limited vs Muthupandi — 1647/2025

Case under Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14. Status: Await Reports. Next hearing: 27th March 2026.

CRLMP - Criminal Miscellaneous Petition

CNR: TNVR020063872025

Await Reports

Next Hearing

27th March 2026

e-Filing Number

14-11-2025

Filing Number

6171/2025

Filing Date

18-11-2025

Registration No

1647/2025

Registration Date

02-12-2025

Court

Chief Judicial Magistrate Court, Srivilliputhur, Virudhunagar

Judge

2-Chief Judicial Magistrate

Acts & Sections

Securitisationandreconstructionoffinancialassets&enforcementofsecurityinterestact Section 14

Petitioner(s)

Equitas Small Finance Bank Limited

Adv. BARATHKUMAR K M

Respondent(s)

Muthupandi

Chellathai

Muthulakshmi Gudalingam

G. Mahalingam

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

30-12-2025
Copy of Judgment/Order

Summary: The petition filed by Equitas Small Finance Bank under Section 14 of the SARFAESI Act 2002 has been allowed. The court granted the bank's request to take physical possession of the mortgaged property after the respondents defaulted on a Rs. 5,01,000 business loan and failed to respond to demand and possession notices. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank, with police assistance authorized to execute the warrant if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The petition filed by Equitas Small Finance Bank under Section 14 of the SARFAESI Act 2002 has been allowed. The court granted the bank's request to take physical possession of the mortgaged property after the respondents defaulted on a Rs. 5,01,000 business loan and failed to respond to demand and possession notices. An Advocate Commissioner has been appointed to inspect the property, take inventory, and hand over possession to the bank, with police assistance authorized to execute the warrant if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

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