KIFS HOUSING FINANCE LTD AUTHORISED OFFICER MR PARESH S KHATIK vs THAKOR FULAJI AJMELJI — 28/2026
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14,. Disposed: Uncontested--ALLOWED on 16th March 2026.
CRMA J - CRIMINAL MISC.APPLICATION-JMFC
CNR: GJMH070001662026
e-Filing Number
-
Filing Number
28/2026
Filing Date
27-01-2026
Registration No
28/2026
Registration Date
27-01-2026
Court
TALUKA COURT, VIJAPUR
Judge
1-PRINCIPAL SENIOR CIVIL JUDGE & ADDL. CJM
Decision Date
16th March 2026
Nature of Disposal
Uncontested--ALLOWED
Acts & Sections
Petitioner(s)
KIFS HOUSING FINANCE LTD AUTHORISED OFFICER MR PARESH S KHATIK
Adv. G V DAVE
Respondent(s)
THAKOR FULAJI AJMELJI
CHAUHAN KANCHANBEN AMARATJI
THAKOR KANAJI BABAJI
Hearing History
Judge: 1-PRINCIPAL SENIOR CIVIL JUDGE & ADDL. CJM
Disposed
PROCESS TO OPPONENT
PROCESS TO OPPONENT
| Date | Purpose | Result |
|---|---|---|
| 16-03-2026 | Disposed | |
| 10-03-2026 | PROCESS TO OPPONENT | |
| 19-02-2026 | PROCESS TO OPPONENT |
Final Orders / Judgements
Summary The Additional Chief Judicial Magistrate, Vijapur, allowed KIFS Housing Finance Ltd.'s application under Section 14 of the SARFAESI Act to take possession of mortgaged property. The borrowers defaulted on a Rs. 6,70,754 loan, and despite receiving statutory notice under Section 13(2) to pay Rs. 7,29,245 within 60 days, failed to comply. The court appointed a Court Commissioner to take possession of the property at Milkat No. 215, Motovas, Gavada, within 90 days, holding that the magistrate has no jurisdiction to examine the merits of the claim once the statutory notice procedure is completed. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary The Additional Chief Judicial Magistrate, Vijapur, allowed KIFS Housing Finance Ltd.'s application under Section 14 of the SARFAESI Act to take possession of mortgaged property. The borrowers defaulted on a Rs. 6,70,754 loan, and despite receiving statutory notice under Section 13(2) to pay Rs. 7,29,245 within 60 days, failed to comply. The court appointed a Court Commissioner to take possession of the property at Milkat No. 215, Motovas, Gavada, within 90 days, holding that the magistrate has no jurisdiction to examine the merits of the claim once the statutory notice procedure is completed. This case analysis is maintained by casestatus.in based on publicly available court records.
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