PUNJAB NATIONAL BANK - RATNESH KUMAR vs BLIZZARD VITRIFIED LLP — 1112/2025

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 16th March 2026.

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJMR020105322025

Filing Number

1112/2025

Filing Date

29-Oct-2025

Registration No

1112/2025

Registration Date

29-Oct-2025

Court

CIVIL COURT, MORBI

Judge

3-2nd Addl. Sr. CIVIL Judge And A.C.J.M.

Decision Date

16-Mar-2026

Nature of Disposal

Uncontested--ALLOWED

Last updated 16-Apr-2026

Acts & Sections

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

Petitioner(s)

  1. 1.PUNJAB NATIONAL BANK - RATNESH KUMAR

    Adv. V J LAKKAD

Respondent(s)

  1. 1.BLIZZARD VITRIFIED LLP

  2. 2.ISHVARBHAI BHAGWANBHAI MOTKA

  3. 3.SHAILESH ISHWARBHAI PATEL

  4. 4.YOGESH AMBARAMBHAI GHODASARA

  5. 5.DIVYESH AMBARAMBHAI GHODASARA

  6. 6.DESAI HARESHBHAI GORDHANBHAI

  7. 7.HINDGRESS CERAMIC PVT LTD

Case History

  1. Case disposedDisposed

  2. 16-Mar-2026

    JudegementView PDF

    The court partially allowed Punjab National Bank's application under Section 14 of the SARFAESI Act, 2002 for seizure of properties pledged as security against a defaulted loan by M/s Blizzard Vitrified LLP and guarantors. The court authorized appointment of a Court Commissioner to take possession of three properties (Property Nos. 2-4) after the bank deposits Rs. 30,000 as commissioner remuneration within 15 days, but rejected the application for Property No. 1 due to lack of territorial jurisdiction, directing the bank to approach the competent court for that property. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 16-Mar-2026

    Disposed

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  4. 09-Mar-2026

    Order

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  5. 06-Mar-2026

    Order

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  6. 27-Feb-2026

    Order

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  7. 20-Feb-2026

    Evidence Of Applicant

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  8. 24-Dec-2025

    Evidence Of Applicant

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  9. 20-Nov-2025

    Evidence Of Applicant

    2nd Addl. Sr. CIVIL Judge And A.C.J.M.

  10. 06-Nov-2025

    First hearing

    Initial hearing scheduled

  11. 29-Oct-2025

    Case filed

    Registration No. 1112/2025

casestatus.in Summary

The court partially allowed Punjab National Bank's application under Section 14 of the SARFAESI Act, 2002 for seizure of properties pledged as security against a defaulted loan by M/s Blizzard Vitrified LLP and guarantors. The court authorized appointment of a Court Commissioner to take possession of three properties (Property Nos. 2-4) after the bank deposits Rs. 30,000 as commissioner remuneration within 15 days, but rejected the application for Property No. 1 due to lack of territorial jurisdiction, directing the bank to approach the competent court for that property. This case analysis is maintained by casestatus.in based on publicly available court records.

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