ASSETS CARE AND RECONSTRUCTION ENTERPRISE LTD THROUGH SHYAMAL SONI vs NEW RUPALI DRESSES — 389/2026
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 16th April 2026.
CRMA J - CRIMINAL MISC. APPLICATION - JMFC
CNR: GJJM020015222026
Filing Number
389/2026
Filing Date
04-02-2026
Registration No
389/2026
Registration Date
04-02-2026
Court
CIVIL COURT JAMNAGAR
Judge
12-3rd ADDL. SR. CIVIL JUDGE & A.C.J.M.
Decision Date
16th April 2026
Nature of Disposal
Uncontested--ALLOWED
Acts & Sections
Petitioner(s)
ASSETS CARE AND RECONSTRUCTION ENTERPRISE LTD THROUGH SHYAMAL SONI
Adv. S H SAVALIYA
Respondent(s)
NEW RUPALI DRESSES
DARSHIT CHANDRAKANTBHAI SHAH
PIYUSH MAHESH CHANDRA SHAH
TEJAL D SHAH
SAROJBEN CHANDRAKANT SHAH
Hearing History
Judge: 12-3rd ADDL. SR. CIVIL JUDGE & A.C.J.M.
Disposed
HEARING P.P.
HEARING P.P.
HEARING P.P.
HEARING P.P.
| Date | Purpose |
|---|---|
| 16-04-2026 | Disposed |
| 08-04-2026 | HEARING P.P. |
| 04-04-2026 | HEARING P.P. |
| 24-03-2026 | HEARING P.P. |
| 16-03-2026 | HEARING P.P. |
Final Orders / Judgements
The court allowed Assets Care and Reconstruction Enterprise Ltd.'s application under Section 14 of the SARFAESI Act, 2002, to take possession of a mortgaged commercial property in Jamnagar valued at Rs. 54,94,490/-. The borrowers (New Rupali Dresses and co-borrowers) defaulted on their loan obligations, and after issuing a statutory 60-day demand notice under Section 13(2), the court appointed a Court Commissioner to recover possession with police assistance, requiring 15 days' prior notice to the borrowers. This case analysis is maintained by casestatus.in based on publicly available court records.
The court allowed Assets Care and Reconstruction Enterprise Ltd.'s application under Section 14 of the SARFAESI Act, 2002, to take possession of a mortgaged commercial property in Jamnagar valued at Rs. 54,94,490/-. The borrowers (New Rupali Dresses and co-borrowers) defaulted on their loan obligations, and after issuing a statutory 60-day demand notice under Section 13(2), the court appointed a Court Commissioner to recover possession with police assistance, requiring 15 days' prior notice to the borrowers. This case analysis is maintained by casestatus.in based on publicly available court records.
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