CFM ASSET RECONSTRUCTION PVT LTD - BHASKAR CHAUDHARY vs MAHESH NATHABHAI PARMAR — 518/2026

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

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJMR020052752026

Filing Number

518/2026

Filing Date

20-May-2026

Registration No

518/2026

Registration Date

20-May-2026

Court

CIVIL COURT, MORBI

Judge

7-Chief Judicial Magistrate

Decision Date

14-Jul-2026

Nature of Disposal

Uncontested--JUDGEMENT

Last updated 18-Jul-2026

Acts & Sections

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

Petitioner(s)

  1. 1.CFM ASSET RECONSTRUCTION PVT LTD - BHASKAR CHAUDHARY

    Adv. C K GANGANI

Respondent(s)

  1. 1.MAHESH NATHABHAI PARMAR

  2. 2.KANTABEN MAHESHBHAI PARMAR

Case History

  1. Case disposedDisposed

  2. 14-Jul-2026

    JudegementView PDF

    Case Summary: CFM Asset Reconstruction Pvt Ltd v. Mahesh Nathabhai Parmar The court granted CFM Asset Reconstruction's application under Section 14 of the SARFAESI Act 2002 to seize a residential property in Morbi after the borrowers defaulted on their loan (NPA since July 2024) and failed to pay despite receiving a Section 13(2) notice in January 2026. The court appointed a Court Commissioner to take possession of the property and hand it over to the lender, requiring the applicant to deposit Rs. 20,000 as commissioner fees and complete proceedings within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 14-Jul-2026

    Disposed

    Chief Judicial Magistrate

  4. 07-Jul-2026

    Order/Judgement

    Chief Judicial Magistrate

  5. 02-Jun-2026

    Evidence Of Applicant

    Chief Judicial Magistrate

  6. 26-May-2026

    First hearing

    Initial hearing scheduled

  7. 20-May-2026

    Case filed

    Registration No. 518/2026

casestatus.in Summary

Case Summary: CFM Asset Reconstruction Pvt Ltd v. Mahesh Nathabhai Parmar The court granted CFM Asset Reconstruction's application under Section 14 of the SARFAESI Act 2002 to seize a residential property in Morbi after the borrowers defaulted on their loan (NPA since July 2024) and failed to pay despite receiving a Section 13(2) notice in January 2026. The court appointed a Court Commissioner to take possession of the property and hand it over to the lender, requiring the applicant to deposit Rs. 20,000 as commissioner fees and complete proceedings within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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