OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED THROUGH THE AUTHORISED OFFICER MR PRAGNESH PATNI vs MR. YUSUFBHAI UTHAR — 163/2026

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

CRMA J - CRIMINALMISC APPLICATION JMFC

CNR: GJDW020009692026

Case disposed

e-Filing Number

-

Filing Number

163/2026

Filing Date

07-03-2026

Registration No

163/2026

Registration Date

07-03-2026

Court

CIVIL COURT, KHAMBHALIA

Judge

2-CHIEF JUDICIAL MAGISTRATE & ADDL. SR. CIVIL JUDGE

Decision Date

08th April 2026

Nature of Disposal

Uncontested--ALLOWE

Acts & Sections

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

Petitioner(s)

OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED THROUGH THE AUTHORISED OFFICER MR PRAGNESH PATNI

Adv. H V BANDHIYA

Respondent(s)

MR. YUSUFBHAI UTHAR

MRS. SHERBANU UTHAR

Hearing History

Judge: 2-CHIEF JUDICIAL MAGISTRATE & ADDL. SR. CIVIL JUDGE

08-04-2026

Disposed

07-03-2026

ORDER/JUDGEMENT

Final Orders / Judgements

08-04-2026
ORDER

Summary The Chief Judicial Magistrate allowed Omkara Assets Reconstruction Private Limited's application under Section 14 of the SARFAESI Act to seize two mortgaged shop properties in Khambhaliya, Gujarat. The borrower (Yusufbhai Uthar) defaulted on a loan of Rs. 11,79,213 despite receiving a notice under Section 13(2), and the court appointed a Court Commissioner to obtain possession and hand it over to the lender after the applicant deposits Rs. 25,000 as commissioner's remuneration within 30 days. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary The Chief Judicial Magistrate allowed Omkara Assets Reconstruction Private Limited's application under Section 14 of the SARFAESI Act to seize two mortgaged shop properties in Khambhaliya, Gujarat. The borrower (Yusufbhai Uthar) defaulted on a loan of Rs. 11,79,213 despite receiving a notice under Section 13(2), and the court appointed a Court Commissioner to obtain possession and hand it over to the lender after the applicant deposits Rs. 25,000 as commissioner's remuneration within 30 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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