AXIS BANK LIMITED AUTHORISED OFFICER MR BHAVESH UDASI vs PARMAR PIYUSHKUMAR MANUBHAI — 30/2026

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: GJMH070001692026

Case disposed

e-Filing Number

-

Filing Number

30/2026

Filing Date

27-01-2026

Registration No

30/2026

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

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Section 14,

Petitioner(s)

AXIS BANK LIMITED AUTHORISED OFFICER MR BHAVESH UDASI

Adv. M V PARECHA

Respondent(s)

PARMAR PIYUSHKUMAR MANUBHAI

MAKAWANA BHARATIBEN NARANBHAI

Hearing History

Judge: 1-PRINCIPAL SENIOR CIVIL JUDGE & ADDL. CJM

16-03-2026

Disposed

10-03-2026

FINAL HEARING

19-02-2026

FINAL HEARING

Final Orders / Judgements

16-03-2026
ORDER

Summary The Additional Chief Judicial Magistrate at Vijapur allowed Axis Bank's SARFAESI application to take possession of a mortgaged property worth Rs. 19,39,527/- after borrowers failed to repay dues of Rs. 16,93,121/- despite a 60-day notice. The court appointed a Court Commissioner to seize the property (Plot No. 20, Radhe Bunglows, Mehsana) within 90 days with police assistance, relying on precedent that magistrates need not adjudicate disputes but merely facilitate asset possession. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary The Additional Chief Judicial Magistrate at Vijapur allowed Axis Bank's SARFAESI application to take possession of a mortgaged property worth Rs. 19,39,527/- after borrowers failed to repay dues of Rs. 16,93,121/- despite a 60-day notice. The court appointed a Court Commissioner to seize the property (Plot No. 20, Radhe Bunglows, Mehsana) within 90 days with police assistance, relying on precedent that magistrates need not adjudicate disputes but merely facilitate asset possession. This case analysis is maintained by casestatus.in based on publicly available court records.

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