NIDO HOME FINANCE LIMITED vs SHABBIRBHAI SULTANBHAI MIR — 175/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--DISPOSED OF on 08th April 2026.

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJSN020013132026

Filing Number

175/2026

Filing Date

07-Mar-2026

Registration No

175/2026

Registration Date

07-Mar-2026

Court

CIVIL COURT SURENDRANAGAR

Judge

2-Chief Judicial Magistrate

Decision Date

08-Apr-2026

Nature of Disposal

Uncontested--DISPOSED OF

Last updated 16-Jun-2026

Acts & Sections

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

Petitioner(s)

  1. 1.NIDO HOME FINANCE LIMITED

    Adv. R D DUBEY

Respondent(s)

  1. 1.SHABBIRBHAI SULTANBHAI MIR

  2. 2.SAMIMBEN SULTANBHAI MIR

Case History

  1. Case disposedDisposed

  2. 08-Apr-2026

    OrderView PDF

    Case Summary: CR.M.A. No. 175/2026 Court Decision: The Chief Judicial Magistrate, Surendranagar ALLOWED Nido Home Finance Limited's application under Section 14 of the SARFAESI Act and authorized a Court Commissioner to take possession of the respondents' mortgaged property (a plot in Surendranagar) valued at 42.91 sq.mtrs. The court found that the borrowers defaulted on a Rs. 7,23,750 cash credit facility, with Rs. 6,84,205.08 outstanding as of the demand notice dated 18.11.2025, and failed to repay despite sufficient time granted. Key Reasoning: The court noted its limited jurisdiction under SARFAESI but found the applicant's affidavit fully supported by documents, the demand notice properly served, and no repayment made by the defaulting borrowers, warranting enforcement of the secured interest through possession proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 08-Apr-2026

    Disposed

    Chief Judicial Magistrate

  4. 07-Apr-2026

    Hearing

    Chief Judicial Magistrate

  5. 04-Apr-2026

    Hearing

    Chief Judicial Magistrate

  6. 17-Mar-2026

    First hearing

    Initial hearing scheduled

  7. 07-Mar-2026

    Case filed

    Registration No. 175/2026

casestatus.in Summary

Case Summary: CR.M.A. No. 175/2026 Court Decision: The Chief Judicial Magistrate, Surendranagar ALLOWED Nido Home Finance Limited's application under Section 14 of the SARFAESI Act and authorized a Court Commissioner to take possession of the respondents' mortgaged property (a plot in Surendranagar) valued at 42.91 sq.mtrs. The court found that the borrowers defaulted on a Rs. 7,23,750 cash credit facility, with Rs. 6,84,205.08 outstanding as of the demand notice dated 18.11.2025, and failed to repay despite sufficient time granted. Key Reasoning: The court noted its limited jurisdiction under SARFAESI but found the applicant's affidavit fully supported by documents, the demand notice properly served, and no repayment made by the defaulting borrowers, warranting enforcement of the secured interest through possession proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.

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