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.

Case disposed

CRMA J - CRIMINALMISC APPLICATION JMFC

CNR: GJDW020009692026

Filing Number

163/2026

Filing Date

07-Mar-2026

Registration No

163/2026

Registration Date

07-Mar-2026

Court

CIVIL COURT, KHAMBHALIA

Judge

2-Chief Judicial Magistrate & Addl. Sr. CIVIL Judge

Decision Date

08-Apr-2026

Nature of Disposal

Uncontested--ALLOWE

Last updated 12-Apr-2026

Acts & Sections

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

Petitioner(s)

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

    Adv. H V BANDHIYA

Respondent(s)

  1. 1.MR. YUSUFBHAI UTHAR

  2. 2.MRS. SHERBANU UTHAR

Case History

  1. Case disposedDisposed

  2. 08-Apr-2026

    OrderView PDF

    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.

  3. 08-Apr-2026

    Disposed

    Chief Judicial Magistrate & Addl. Sr. CIVIL Judge

  4. 07-Mar-2026

    First hearing

    Initial hearing scheduled

  5. 07-Mar-2026

    Case filed

    Registration No. 163/2026

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.

Explore other courts

Search Another Case