BANK OF MAHARASHTRA, NAVSARI BRANCH THROUGH ITS AUTHORISED OFFICER RAJESH JOSHI vs NARESHBHAI ILLANNA SAGOLU — 1624/2025
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14,. Disposed: Uncontested--ALLOWED on 24th March 2026.
CRMA J - CRIMINALMISC. APPLICATION-JMFC
CNR: GJNV020124462025
e-Filing Number
-
Filing Number
1624/2025
Filing Date
14-11-2025
Registration No
1624/2025
Registration Date
14-11-2025
Court
CIVIL COURT, NAVSARI
Judge
2-CHIEF JUDICIAL MAGISTRATE
Decision Date
24th March 2026
Nature of Disposal
Uncontested--ALLOWED
Acts & Sections
Petitioner(s)
BANK OF MAHARASHTRA, NAVSARI BRANCH THROUGH ITS AUTHORISED OFFICER RAJESH JOSHI
Adv. D K KHOIWAL
Respondent(s)
NARESHBHAI ILLANNA SAGOLU
JIGNESHKUMAR V. RAJYAGOR
Hearing History
Judge: 2-CHIEF JUDICIAL MAGISTRATE
Disposed
NOTICE TO OPPONENTS
NOTICE TO OPPONENTS
NOTICE TO OPPONENTS
NOTICE TO OPPONENTS
| Date | Purpose | Result |
|---|---|---|
| 24-03-2026 | Disposed | |
| 09-03-2026 | NOTICE TO OPPONENTS | |
| 28-02-2026 | NOTICE TO OPPONENTS | |
| 25-02-2026 | NOTICE TO OPPONENTS | |
| 21-02-2026 | NOTICE TO OPPONENTS |
Final Orders / Judgements
Summary The Chief Judicial Magistrate of Navsari approved the secured creditor's application under Section 14 of the SARFAESI Act to take possession of a secured property (Plot No. 22, Samir Garden, Navsari) from a defaulting borrower. The court held that the magistrate has limited jurisdictional scope under Section 14 and cannot adjudicate disputes regarding whether assets are properly secured—those determinations fall to the Debt Recovery Tribunal under Section 17. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary The Chief Judicial Magistrate of Navsari approved the secured creditor's application under Section 14 of the SARFAESI Act to take possession of a secured property (Plot No. 22, Samir Garden, Navsari) from a defaulting borrower. The court held that the magistrate has limited jurisdictional scope under Section 14 and cannot adjudicate disputes regarding whether assets are properly secured—those determinations fall to the Debt Recovery Tribunal under Section 17. This case analysis is maintained by casestatus.in based on publicly available court records.
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