OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED vs BHARATKUMAR BABULAL SHAH — 182/2026

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: GJSN020013202026

Filing Number

182/2026

Filing Date

07-Mar-2026

Registration No

182/2026

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.OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED

    Adv. A S RANGPARA

Respondent(s)

  1. 1.BHARATKUMAR BABULAL SHAH

  2. 2.SAKUNTLABEN BHARATBHAI SHAH

Case History

  1. Case disposedDisposed

  2. 08-Apr-2026

    Order

    Case Summary: Omkara Assets Reconstruction Pvt Ltd v. Bharatkumar Babulal Shah The Chief Judicial Magistrate, Surendranagar, allowed Omkara Assets Reconstruction's application under Section 14 of the SARFAESI Act to enforce a security interest over land property in Thangadh. The respondents had defaulted on a cash credit facility of Rs. 10,35,370, with outstanding dues of Rs. 16,20,688 as of the demand notice issued on 01.08.2025, and the account was classified as NPA on 30.09.2022. The court appointed a Court Commissioner to take possession of the secured asset and directed police assistance, with the applicant to deposit Rs. 20,000 toward expenses within one month and complete proceedings within 90 days. 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. 182/2026

casestatus.in Summary

Case Summary: Omkara Assets Reconstruction Pvt Ltd v. Bharatkumar Babulal Shah The Chief Judicial Magistrate, Surendranagar, allowed Omkara Assets Reconstruction's application under Section 14 of the SARFAESI Act to enforce a security interest over land property in Thangadh. The respondents had defaulted on a cash credit facility of Rs. 10,35,370, with outstanding dues of Rs. 16,20,688 as of the demand notice issued on 01.08.2025, and the account was classified as NPA on 30.09.2022. The court appointed a Court Commissioner to take possession of the secured asset and directed police assistance, with the applicant to deposit Rs. 20,000 toward expenses within one month and complete proceedings within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.

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