ICICI BANK LIMITED AUTHORISED OFFICER PRASHANT SHISHODIA vs MAHEMAD FARUK ANSARI — 1088/2025

Summary The Additional Chief Judicial Magistrate, Chikhli granted ICICI Bank's application under Section 14 of the SARFESI Act, 2002, authorizing the bank to take possession of a mortgaged property (Khata No. 1917) owned by the borrowers who had defaulted on their loan. The court found that the bank had satisfied all statutory requirements, including serving the mandatory 60-day notice and considering borrower objections, and appointed a Court Commissioner to execute the possession with police assistance within 90 days upon deposit of Rs. 15,000 towards expenses. This case analysis is maintained by casestatus.in based on publicly available court records.