PUNJAB NATIONAL BANK vs M/S MADHAV TRADING COMPANY PRO MRS FALGUNI UMESH PATEL — 54/2025
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Contested--JUDGEMENT on 15th April 2026.
CRMA J - CRIMINAL MISC. APPLICATION - JMFC
CNR: GJKH110005192025
Filing Number
54/2025
Filing Date
22-04-2025
Registration No
54/2025
Registration Date
22-04-2025
Court
TALUKA COURT, KHEDA
Judge
1-ADDL. SR. CIVIL JUDGE & A.C.J.M.
Decision Date
15th April 2026
Nature of Disposal
Contested--JUDGEMENT
Acts & Sections
Petitioner(s)
PUNJAB NATIONAL BANK
Adv. D K CHAUHAN
Respondent(s)
M/S MADHAV TRADING COMPANY PRO MRS FALGUNI UMESH PATEL
PATEL FALGUNIBEN UMESHKUMAR
Hearing History
Judge: 1-ADDL. SR. CIVIL JUDGE & A.C.J.M.
Disposed
FINAL HEARING
FINAL HEARING
FINAL HEARING
FINAL HEARING
| Date | Purpose |
|---|---|
| 15-04-2026 | Disposed |
| 16-03-2026 | FINAL HEARING |
| 02-03-2026 | FINAL HEARING |
| 05-01-2026 | FINAL HEARING |
| 03-12-2025 | FINAL HEARING |
Final Orders / Judgements
The court allowed Punjab National Bank's application under Section 14 of the SARFAESI Act, 2002, to take possession of mortgaged property worth Rs. 78 lakh from the defendants who defaulted on their loan obligations. The court appointed a Court Commissioner to take possession of the secured asset (immovable property in village Limbasi, Kheda district) and forward it to the bank, with police assistance and Rs. 15,000 deposited for commissioner's remuneration. This case analysis is maintained by casestatus.in based on publicly available court records.
The court allowed Punjab National Bank's application under Section 14 of the SARFAESI Act, 2002, to take possession of mortgaged property worth Rs. 78 lakh from the defendants who defaulted on their loan obligations. The court appointed a Court Commissioner to take possession of the secured asset (immovable property in village Limbasi, Kheda district) and forward it to the bank, with police assistance and Rs. 15,000 deposited for commissioner's remuneration. This case analysis is maintained by casestatus.in based on publicly available court records.
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