PRAGNESH PATNI AUTHORISED OFFICER OF OMKARA ASSETS RECONSTRUCTION PRAVATE LIMITED vs PRAVINSINH CHAUHAN (BORROWER) — 290/2026

Case Summary: CRMA 290/2026 Court Decision: The Ankleshwar court allowed Omkara Assets Reconstruction Pvt. Ltd.'s application under Section 14 of the SARFAESI Act, 2002, authorizing it to take possession of mortgaged commercial property (two basement shops in OM Tower, Ankleshwar) from defaulting borrowers Pravinsinh Chauhan and Dharmishthaben Chauhan. The court appointed a Court Commissioner to execute possession and forward the asset to the secured creditor. Key Reasoning: The court found that Omkara satisfied all statutory requirements under Section 14 of SARFAESI Act, including valid security interest, proper demand notice under Section 13(2), and an authorized officer's affidavit. Following Supreme Court precedent, the court held it must assist the secured creditor in taking possession without adjudicating the legality or propriety of the creditor's actions—such challenges are reserved for Section 17 proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.