INDIAN BANK - AUTHORIZED OFFICER - MR.MUKESH JANGIR CHIEF MANAGER vs SATNAM AGRO AND FOOD INDUSTRIES — 219/2025

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 06th March 2026.

Case disposed

CRMA J - CRIMINAL MISC.APPLICATION JMFC

CNR: GJKH050017092025

Filing Number

219/2025

Filing Date

04-Oct-2025

Registration No

219/2025

Registration Date

04-Oct-2025

Court

TALUKA COURT, KAPADVANJ

Judge

3-Principal Senior CIVIL Judge & Addl. CJM

Decision Date

06-Mar-2026

Nature of Disposal

Uncontested--ALLOWED

Last updated 16-Mar-2026

Acts & Sections

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

Petitioner(s)

  1. 1.INDIAN BANK - AUTHORIZED OFFICER - MR.MUKESH JANGIR CHIEF MANAGER

    Adv. K R BUNDELA

Respondent(s)

  1. 1.SATNAM AGRO AND FOOD INDUSTRIES

  2. 2.PARESHBHAI BHIKHABHAI PATEL

  3. 3.RAKESHBHAI SADHABHAI PATEL

  4. 4.SUNITABEN VIKRAMBHAI PATEL

Case History

  1. Case disposedDisposed

  2. 06-Mar-2026

    OrderView PDF

    Court Decision Summary The Chief Judicial Magistrate of Kapadwanj allowed the Asset Reconstruction Company's application under Section 14 of the SARFAESI Act, 2002, to take possession of two secured properties in Gujarat after the borrowers defaulted on their loan obligations. The court appointed two commissioners to take physical possession of the properties, authorized them to use force if necessary, and directed the company to deposit ₹30,000 as commissioner remuneration within 15 days. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 06-Mar-2026

    Disposed

    Principal Senior CIVIL Judge & Addl. CJM

  4. 02-Mar-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  5. 20-Feb-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  6. 03-Feb-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  7. 22-Jan-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  8. 02-Jan-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  9. 17-Dec-2025

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  10. 28-Nov-2025

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  11. 13-Nov-2025

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  12. 15-Oct-2025

    First hearing

    Initial hearing scheduled

  13. 04-Oct-2025

    Case filed

    Registration No. 219/2025

casestatus.in Summary

Court Decision Summary The Chief Judicial Magistrate of Kapadwanj allowed the Asset Reconstruction Company's application under Section 14 of the SARFAESI Act, 2002, to take possession of two secured properties in Gujarat after the borrowers defaulted on their loan obligations. The court appointed two commissioners to take physical possession of the properties, authorized them to use force if necessary, and directed the company to deposit ₹30,000 as commissioner remuneration within 15 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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