ADITYA BIRLA CAPITAL LIMITED - JONIR MAHENDRABHAI SOLANKI vs M/S BALAJI PLASTIC — 53/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14,. Disposed: Uncontested--ALLOWED on 25th March 2026.

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJMR020008442026

Case disposed

e-Filing Number

-

Filing Number

53/2026

Filing Date

30-01-2026

Registration No

53/2026

Registration Date

30-01-2026

Court

CIVIL COURT, MORBI

Judge

4-3rd ADDL. SR. CIVIL JUDGE AND A.C.J.M.

Decision Date

25th 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)

ADITYA BIRLA CAPITAL LIMITED - JONIR MAHENDRABHAI SOLANKI

Adv. V J LAKKAD

Respondent(s)

M/S BALAJI PLASTIC

VAMJA SAVAN DEVJIBHAI

RAJNIKANT BALUBHAI BHATASANA

MAHESHBHAI LALJIBHAI BHALODIYA

BHUPENDRA THAKARSIBHAI BHENSDADIYA

Hearing History

Judge: 4-3rd ADDL. SR. CIVIL JUDGE AND A.C.J.M.

25-03-2026

Disposed

09-03-2026

ORDER

23-02-2026

EVIDENCE OF APPLICANT

12-02-2026

EVIDENCE OF APPLICANT

06-02-2026

EVIDENCE OF APPLICANT

Final Orders / Judgements

25-03-2026
JUDEGEMENT

Summary: The court granted Aditya Birla Capital Limited's application under Section 14 of the SARFAESI Act, 2002, authorizing a Court Commissioner to seize an industrial property in Morbi, Gujarat, belonging to M/S Balaji Plastic. The borrower had defaulted on its loan obligation (NPA declared on 13.10.2025) and failed to respond to the statutory notice issued under Section 13(2) of SARFAESI. The court directed the Commissioner to take peaceful possession of the property and hand it over to the applicant bank, with police assistance if needed, upon the bank depositing Rs. 20,000 as remuneration, with proceedings to be completed within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The court granted Aditya Birla Capital Limited's application under Section 14 of the SARFAESI Act, 2002, authorizing a Court Commissioner to seize an industrial property in Morbi, Gujarat, belonging to M/S Balaji Plastic. The borrower had defaulted on its loan obligation (NPA declared on 13.10.2025) and failed to respond to the statutory notice issued under Section 13(2) of SARFAESI. The court directed the Commissioner to take peaceful possession of the property and hand it over to the applicant bank, with police assistance if needed, upon the bank depositing Rs. 20,000 as remuneration, with proceedings to be completed within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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