NIDO HOME FINANCE LIMITED vs DHANANJAY MANILAL PARMAR — 176/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--DISPOSED OF on 09th April 2026.

Case disposed

CRMA J - CRIMINAL MISC. APPLICATION - JMFC

CNR: GJSN020013142026

Filing Number

176/2026

Filing Date

07-Mar-2026

Registration No

176/2026

Registration Date

07-Mar-2026

Court

CIVIL COURT SURENDRANAGAR

Judge

2-Chief Judicial Magistrate

Decision Date

09-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.DHANANJAY MANILAL PARMAR

  2. 2.KIRANBEN DHANANJAYBHAI PARMAR

  3. 3.YASH DHANANJAYBHAI PARMAR

Case History

  1. Case disposedDisposed

  2. 09-Apr-2026

    Order

    Case Summary: NIDO HOME FINANCE LIMITED v. DHANANJAY MANILAL PARMAR Decision: The Chief Judicial Magistrate Court 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' residential property (valued at Rs. 19,94,000 loan) in Surendranagar after they defaulted on repayment obligations classified as NPA on 04.11.2025, despite receiving a demand notice for Rs. 20,12,917.41. Key Reasoning: The court found documentary evidence supporting the loan agreement and security interest, confirmed the borrowers' failure to repay despite sufficient time, and applied the limited jurisdictional scope established by Gujarat High Court precedent (IDBI Bank case), which restricts CJM courts to procedural verification rather than merit-based adjudication in SARFAESI cases. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 09-Apr-2026

    Disposed

    Chief Judicial Magistrate

  4. 08-Apr-2026

    Hearing

    Chief Judicial Magistrate

  5. 07-Apr-2026

    Hearing

    Chief Judicial Magistrate

  6. 04-Apr-2026

    Hearing

    Chief Judicial Magistrate

  7. 17-Mar-2026

    First hearing

    Initial hearing scheduled

  8. 07-Mar-2026

    Case filed

    Registration No. 176/2026

casestatus.in Summary

Case Summary: NIDO HOME FINANCE LIMITED v. DHANANJAY MANILAL PARMAR Decision: The Chief Judicial Magistrate Court 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' residential property (valued at Rs. 19,94,000 loan) in Surendranagar after they defaulted on repayment obligations classified as NPA on 04.11.2025, despite receiving a demand notice for Rs. 20,12,917.41. Key Reasoning: The court found documentary evidence supporting the loan agreement and security interest, confirmed the borrowers' failure to repay despite sufficient time, and applied the limited jurisdictional scope established by Gujarat High Court precedent (IDBI Bank case), which restricts CJM courts to procedural verification rather than merit-based adjudication in SARFAESI cases. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

High Courts Supreme Court
Search Another Case