IDFC FIRST BANK LIMITED vs MAKANI NIMESH BHARATBHAI — 79/2026

Summary The court allowed IDFC First Bank's application under Section 14 of the SARFAESI Act to take possession of a mortgaged flat (Flat No. A-310, Rayam Square, Bardoli) worth ₹14,15,000 loaned to the defendants, who defaulted on repayment and had their account classified as NPA. The court appointed a Court Commissioner to take possession within 90 days after the bank deposited ₹15,000 toward administrative expenses, relying on Gujarat High Court precedent that magistrates need not adjudicate disputes or seek documents when processing secured asset possession applications. This case analysis is maintained by casestatus.in based on publicly available court records.