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

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 08th May 2026.

Case disposed

CRMA J - CRIMI MISC. APPLICATION - JMFC

CNR: GJBH030020662026

Filing Number

290/2026

Filing Date

07-Mar-2026

Registration No

290/2026

Registration Date

07-Mar-2026

Court

TALUKA COURT, ANKLESVAR

Judge

1-Principal Senior CIVIL Judge & Addl. CJM

Decision Date

08-May-2026

Nature of Disposal

Uncontested--ALLOWED

Last updated 27-May-2026

Acts & Sections

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14

Petitioner(s)

  1. 1.PRAGNESH PATNI AUTHORISED OFFICER OF OMKARA ASSETS RECONSTRUCTION PRAVATE LIMITED

    Adv. M M BHATT

Respondent(s)

  1. 1.PRAVINSINH CHAUHAN (BORROWER)

  2. 2.DHARMISHTHABEN PRAVINBHAI CHAUHAN (CO- BORROWER)

Case History

  1. Case disposedDisposed

  2. 08-May-2026

    JudegementView PDF

    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.

  3. 08-May-2026

    Disposed

    Principal Senior CIVIL Judge & Addl. CJM

  4. 05-May-2026

    Order

    Principal Senior CIVIL Judge & Addl. CJM

  5. 18-Apr-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  6. 30-Mar-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  7. 12-Mar-2026

    First hearing

    Initial hearing scheduled

  8. 07-Mar-2026

    Case filed

    Registration No. 290/2026

casestatus.in Summary

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.

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