TRUHOME FINANCE LTD THROUGH BHARATBHAI RATNAKAR vs ASHUTOSH AMRUTLAL JOSHI — 194/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 07th May 2026.

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJJM020007832026

Filing Number

194/2026

Filing Date

19-Jan-2026

Registration No

194/2026

Registration Date

19-Jan-2026

Court

CIVIL COURT JAMNAGAR

Judge

1-Principal Senior CIVIL Judge & Addl. CJM

Decision Date

07-May-2026

Nature of Disposal

Uncontested--ALLOWED

Last updated 24-Jun-2026

Acts & Sections

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

Petitioner(s)

  1. 1.TRUHOME FINANCE LTD THROUGH BHARATBHAI RATNAKAR

    Adv. V R SANCHANIYA

Respondent(s)

  1. 1.ASHUTOSH AMRUTLAL JOSHI

  2. 2.VANDANA AMRUTLAL JOSHI

  3. 3.AMRUTLAL VALLABHBHAI JOSHI

Case History

  1. Case disposedDisposed

  2. 07-May-2026

    JudegementView PDF

    Case Summary: TRUHOME FINANCE LTD v. ASHUTOSH AMRUTLAL JOSHI & ORS (Case 194/2026) Court Decision: The court granted TRUHOME FINANCE LTD's application under Section 14 of the SARFAESI Act, 2002, authorizing a Court Commissioner to take physical possession of the mortgaged property in Jamnagar. The borrowers defaulted on a Rs. 30 lakh loan, with outstanding dues of Rs. 33,40,639 as of October 2025, and failed to respond to statutory notice issued under Section 13(2). Key Reasoning: The court found that all mandatory SARFAESI Act requirements were satisfied: proper notice was served via registered post and newspaper publication, a 60-day cure period was given, and the property fell within court jurisdiction. Relying on precedent that magistrates need only verify territorial jurisdiction and notice compliance—not adjudicate underlying disputes—the court directed possession transfer to the finance company. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 07-May-2026

    Disposed

    Principal Senior CIVIL Judge & Addl. CJM

  4. 24-Apr-2026

    Order/Judgement

    Principal Senior CIVIL Judge & Addl. CJM

  5. 17-Apr-2026

    Hearing P.P.

    Principal Senior CIVIL Judge & Addl. CJM

  6. 20-Mar-2026

    Hearing P.P.

    Principal Senior CIVIL Judge & Addl. CJM

  7. 05-Mar-2026

    Hearing P.P.

    Principal Senior CIVIL Judge & Addl. CJM

  8. 13-Feb-2026

    Hearing P.P.

    Principal Senior CIVIL Judge & Addl. CJM

  9. 30-Jan-2026

    Hearing P.P.

    Principal Senior CIVIL Judge & Addl. CJM

  10. 22-Jan-2026

    First hearing

    Initial hearing scheduled

  11. 19-Jan-2026

    Case filed

    Registration No. 194/2026

casestatus.in Summary

Case Summary: TRUHOME FINANCE LTD v. ASHUTOSH AMRUTLAL JOSHI & ORS (Case 194/2026) Court Decision: The court granted TRUHOME FINANCE LTD's application under Section 14 of the SARFAESI Act, 2002, authorizing a Court Commissioner to take physical possession of the mortgaged property in Jamnagar. The borrowers defaulted on a Rs. 30 lakh loan, with outstanding dues of Rs. 33,40,639 as of October 2025, and failed to respond to statutory notice issued under Section 13(2). Key Reasoning: The court found that all mandatory SARFAESI Act requirements were satisfied: proper notice was served via registered post and newspaper publication, a 60-day cure period was given, and the property fell within court jurisdiction. Relying on precedent that magistrates need only verify territorial jurisdiction and notice compliance—not adjudicate underlying disputes—the court directed possession transfer to the finance company. This case analysis is maintained by casestatus.in based on publicly available court records.

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