CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED vs KARAN ANILBHAI PATEL — 2124/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--DISPOSED OF on 13th March 2026.

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJAH220837062026

Case disposed

Filing Number

2117/2026

Filing Date

28-02-2026

Registration No

2124/2026

Registration Date

28-02-2026

Court

METROPOLITAN MAGISTRATE COURT, AHMEDABAD

Judge

5-4th ADDL. CHIEF JUDICIAL MAGISTRATE, AHMEDABAD CITY

Decision Date

13th March 2026

Nature of Disposal

Uncontested--DISPOSED OF

Acts & Sections

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Section 14

Petitioner(s)

CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED

Adv. S S BAIS

Respondent(s)

KARAN ANILBHAI PATEL

ANILKUMAR NAGARBHAI PATEL

RITABEN ANILBHAI PATEL

KARAN ANILBHAI PATEL

ANILKUMAR NAGARBHAI PATEL

RITABEN ANILBHAI PATEL

DILIP C PRAJAPATI

Hearing History

Judge: 5-4th ADDL. CHIEF JUDICIAL MAGISTRATE, AHMEDABAD CITY

13-03-2026

Disposed

Final Orders / Judgements

13-03-2026
ORDER

Case Summary: CRMA No. 2124/2026 The court granted Cholamandalam Investment and Finance Company's application under Section 14 of the SARFAESI Act 2002 to enforce security over a mortgaged property worth Rs. 20 lakhs. The respondents defaulted on their housing loan, with the account classified as NPA on 08/12/2025 and outstanding dues of Rs. 21,31,072 as of 09/12/2025. The court authorized a Court Commissioner to take possession of the property in Surbhai Park, Ahmedabad, with police protection, directing completion within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Case Summary: CRMA No. 2124/2026 The court granted Cholamandalam Investment and Finance Company's application under Section 14 of the SARFAESI Act 2002 to enforce security over a mortgaged property worth Rs. 20 lakhs. The respondents defaulted on their housing loan, with the account classified as NPA on 08/12/2025 and outstanding dues of Rs. 21,31,072 as of 09/12/2025. The court authorized a Court Commissioner to take possession of the property in Surbhai Park, Ahmedabad, with police protection, directing completion within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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