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.
CRMA J - CRIMINAL MISC. APPLICATION - JMFC
CNR: GJMR020105322025
e-Filing Number
-
Filing Number
1112/2025
Filing Date
29-10-2025
Registration No
1112/2025
Registration Date
29-10-2025
Court
CIVIL COURT, MORBI
Judge
3-2nd ADDL. SR. CIVIL JUDGE AND A.C.J.M.
Decision Date
16th March 2026
Nature of Disposal
Uncontested--ALLOWED
Acts & Sections
Petitioner(s)
PUNJAB NATIONAL BANK - RATNESH KUMAR
Adv. V J LAKKAD
Respondent(s)
BLIZZARD VITRIFIED LLP
ISHVARBHAI BHAGWANBHAI MOTKA
SHAILESH ISHWARBHAI PATEL
YOGESH AMBARAMBHAI GHODASARA
DIVYESH AMBARAMBHAI GHODASARA
DESAI HARESHBHAI GORDHANBHAI
HINDGRESS CERAMIC PVT LTD
Hearing History
Judge: 3-2nd ADDL. SR. CIVIL JUDGE AND A.C.J.M.
Disposed
ORDER
ORDER
ORDER
EVIDENCE OF APPLICANT
| Date | Purpose | Result |
|---|---|---|
| 16-03-2026 | Disposed | |
| 09-03-2026 | ORDER | |
| 06-03-2026 | ORDER | |
| 27-02-2026 | ORDER | |
| 20-02-2026 | EVIDENCE OF APPLICANT |
Final Orders / Judgements
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.
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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