AXIS BANK LTD. THROUGH AUTHO. OFFICER Mr. TANK KANJI NATHABHAI vs M/S KHUSBU SEA FOOD — 123/2026
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14,. Disposed: Uncontested--ALLOWED on 17th March 2026.
CRMA J - CRIMINAL MISC. APPLICATI- JMFC
CNR: GJGS020005272026
e-Filing Number
-
Filing Number
123/2026
Filing Date
28-02-2026
Registration No
123/2026
Registration Date
28-02-2026
Court
Civil Court, Veraval
Judge
8-CHIEF JUDICIAL MAGISTRATE
Decision Date
17th March 2026
Nature of Disposal
Uncontested--ALLOWED
Acts & Sections
Petitioner(s)
AXIS BANK LTD. THROUGH AUTHO. OFFICER Mr. TANK KANJI NATHABHAI
Adv. K H PADIA
Respondent(s)
M/S KHUSBU SEA FOOD
SALIM ISHABHAI BAGJI
SABANA SALIM BAGJI
Hearing History
Judge: 8-CHIEF JUDICIAL MAGISTRATE
Disposed
ORDER
PROCESS TO OPPONENT
PROCESS TO OPPONENT
| Date | Purpose | Result |
|---|---|---|
| 17-03-2026 | Disposed | |
| 11-03-2026 | ORDER | |
| 09-03-2026 | PROCESS TO OPPONENT | |
| 28-02-2026 | PROCESS TO OPPONENT |
Final Orders / Judgements
Court Summary The Chief Judicial Magistrate allowed Axis Bank's application under Section 14 of the SARFAESI Act, 2002, granting the bank assistance to take possession of two mortgaged residential properties belonging to borrower Salim Ishabhai Bagji in Veraval, Gir Somnath. The court authorized a Court Commissioner to execute the possession process and directed police assistance, finding that the bank satisfied all statutory requirements under SARFAESI Act provisions including proper notice and classification of the account as non-performing. This case analysis is maintained by casestatus.in based on publicly available court records.
Court Summary The Chief Judicial Magistrate allowed Axis Bank's application under Section 14 of the SARFAESI Act, 2002, granting the bank assistance to take possession of two mortgaged residential properties belonging to borrower Salim Ishabhai Bagji in Veraval, Gir Somnath. The court authorized a Court Commissioner to execute the possession process and directed police assistance, finding that the bank satisfied all statutory requirements under SARFAESI Act provisions including proper notice and classification of the account as non-performing. This case analysis is maintained by casestatus.in based on publicly available court records.
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