STATE BANK OF INDIA AUTHO. OFFICER VIKASKUMAR SINGH vs SHRI MURLIDHAR SEEDS AND PESTICIDES — 327/2025

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 09th April 2026.

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION

CNR: GJLV020030882025

Filing Number

327/2025

Filing Date

09-Dec-2025

Registration No

327/2025

Registration Date

09-Dec-2025

Court

TALUKA COURT, LUNAWADA

Judge

1-Principal Senior CIVIL Judge & Addl. CJM

Decision Date

09-Apr-2026

Nature of Disposal

Uncontested--ALLOWED

Last updated 19-Jun-2026

Acts & Sections

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

Petitioner(s)

  1. 1.STATE BANK OF INDIA AUTHO. OFFICER VIKASKUMAR SINGH

    Adv. S I SHAIKH

Respondent(s)

  1. 1.SHRI MURLIDHAR SEEDS AND PESTICIDES

  2. 2.MUKESHKUMAR KIRANBHAI PATEL

  3. 3.KIRANBHAI JETHABHAI PATEL

Case History

  1. Case disposedDisposed

  2. 09-Apr-2026

    JudegementView PDF

    Case Summary: CRMA No. 327/2025 Decision: The court allowed State Bank of India's application under Section 14 of the SARFAESI Act, 2002, granting it assistance to take physical possession of mortgaged property worth Rs. 28.8 lakhs from the defaulting borrowers. A Court Commissioner was appointed to facilitate possession recovery of the Kothamba property (900 sq. ft.). Key Reasoning: The court found that: (1) the property falls within its territorial jurisdiction; (2) statutory notice under Section 13(2) was properly issued via registered post and newspaper publication; and (3) no hearing is mandated under SARFAESI for Section 14 applications, as borrowers' remedies arise post-possession under Section 17. The borrowers' account became a Non-Performing Asset on 29/12/2023, with total outstanding liability of Rs. 36.49 lakhs as of 30/07/2025. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 09-Apr-2026

    Disposed

    Principal Senior CIVIL Judge & Addl. CJM

  4. 17-Mar-2026

    Order/Judgement

    Principal Senior CIVIL Judge & Addl. CJM

  5. 21-Feb-2026

    Evidence Of Applicant

    Principal Senior CIVIL Judge & Addl. CJM

  6. 31-Jan-2026

    Evidence Of Applicant

    Principal Senior CIVIL Judge & Addl. CJM

  7. 20-Jan-2026

    Evidence Of Applicant

    Principal Senior CIVIL Judge & Addl. CJM

  8. 23-Dec-2025

    First hearing

    Initial hearing scheduled

  9. 09-Dec-2025

    Case filed

    Registration No. 327/2025

casestatus.in Summary

Case Summary: CRMA No. 327/2025 Decision: The court allowed State Bank of India's application under Section 14 of the SARFAESI Act, 2002, granting it assistance to take physical possession of mortgaged property worth Rs. 28.8 lakhs from the defaulting borrowers. A Court Commissioner was appointed to facilitate possession recovery of the Kothamba property (900 sq. ft.). Key Reasoning: The court found that: (1) the property falls within its territorial jurisdiction; (2) statutory notice under Section 13(2) was properly issued via registered post and newspaper publication; and (3) no hearing is mandated under SARFAESI for Section 14 applications, as borrowers' remedies arise post-possession under Section 17. The borrowers' account became a Non-Performing Asset on 29/12/2023, with total outstanding liability of Rs. 36.49 lakhs as of 30/07/2025. This case analysis is maintained by casestatus.in based on publicly available court records.

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