EQUITAS SMALL FINANCE BANK vs PARMAR VIJAYBHAI — 5/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 16th March 2026.

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJKH110000352026

Filing Number

5/2026

Filing Date

21-Jan-2026

Registration No

5/2026

Registration Date

21-Jan-2026

Court

TALUKA COURT, KHEDA

Judge

3-Principal Senior CIVIL Judge & Addl. CJM

Decision Date

16-Mar-2026

Nature of Disposal

Uncontested--ALLOWED

Last updated 11-Jun-2026

Acts & Sections

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

Petitioner(s)

  1. 1.EQUITAS SMALL FINANCE BANK

    Adv. P P OZA

Respondent(s)

  1. 1.PARMAR VIJAYBHAI

Case History

  1. Case disposedDisposed

  2. 16-Mar-2026

    JudegementView PDF

    Case Summary: Equitas Small Finance Bank v. Parmar Vijaybhai (5/2026) The court granted Equitas Small Finance Bank's application under Section 14 of the SARFAESI Act, 2002 to take possession of a mortgaged property after the borrower defaulted on a ₹1,50,000 secured loan. The court found the bank had satisfied all statutory requirements, including issuing a 60-day demand notice for the outstanding amount of ₹1,40,119 and classifying the account as a non-performing asset. A Court Commissioner was authorized to take possession of the 600 sq. ft. residential property in Kheda district and forward it to the bank, with the borrower bearing all associated costs. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 16-Mar-2026

    Disposed

    Principal Senior CIVIL Judge & Addl. CJM

  4. 07-Mar-2026

    Order/Judgement

    Principal Senior CIVIL Judge & Addl. CJM

  5. 28-Feb-2026

    Process To Opponent

    Principal Senior CIVIL Judge & Addl. CJM

  6. 11-Feb-2026

    First hearing

    Initial hearing scheduled

  7. 21-Jan-2026

    Case filed

    Registration No. 5/2026

casestatus.in Summary

Case Summary: Equitas Small Finance Bank v. Parmar Vijaybhai (5/2026) The court granted Equitas Small Finance Bank's application under Section 14 of the SARFAESI Act, 2002 to take possession of a mortgaged property after the borrower defaulted on a ₹1,50,000 secured loan. The court found the bank had satisfied all statutory requirements, including issuing a 60-day demand notice for the outstanding amount of ₹1,40,119 and classifying the account as a non-performing asset. A Court Commissioner was authorized to take possession of the 600 sq. ft. residential property in Kheda district and forward it to the bank, with the borrower bearing all associated costs. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

High Courts Supreme Court
Search Another Case