EQUITAS SMALL FINANCE BANK LTD.AUTHORIZED OFFICER DEEPAK CHANDRAKANT PATEL vs GENIBHAI SERSINGH DARJI S/O SURESHBHAI — 159/2026
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 14. Disposed: Uncontested--ALLOWED on 13th March 2026.
CRMA J - CRIMINAL MISC. APPLICATION - JMFC
CNR: GJSR120003702026
Filing Number
159/2026
Filing Date
09-02-2026
Registration No
159/2026
Registration Date
09-02-2026
Court
TALUKA COURT, KATHOR
Judge
2-ADDL. SR. CIVIL JUDGE & A.C.J.M.
Decision Date
13th March 2026
Nature of Disposal
Uncontested--ALLOWED
Acts & Sections
Petitioner(s)
EQUITAS SMALL FINANCE BANK LTD.AUTHORIZED OFFICER DEEPAK CHANDRAKANT PATEL
Adv. G V VEKARIYA
Respondent(s)
GENIBHAI SERSINGH DARJI S/O SURESHBHAI
SATYA GENIBHAI DARJI W/O GENIBHAI
Hearing History
Judge: 2-ADDL. SR. CIVIL JUDGE & A.C.J.M.
Disposed
| Date | Purpose |
|---|---|
| 13-03-2026 | Disposed |
Final Orders / Judgements
Case Summary: Equitas Small Finance Bank Ltd. v. Genibhai Sersingh Darji Court Decision: The Additional Chief Judicial Magistrate, Kathor (Surat) granted Equitas Small Finance Bank's application under Section 14 of the SARFAESI Act, 2002. Key Reasoning: The court found that the bank satisfied all statutory requirements for asset possession, including proper notice to borrowers under Section 13(2), classification of the account as non-performing, and consideration of borrower objections. The court appointed a Court Commissioner to take possession of the mortgaged property (Plot No. 22 in Shree Hari Residency, Shekhpur village, Kamrej, Surat) and forward it to the bank. The bank was directed to deposit ₹15,000 toward commissioner expenses within one month, with the commissioner to complete the possession process within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.
Case Summary: Equitas Small Finance Bank Ltd. v. Genibhai Sersingh Darji Court Decision: The Additional Chief Judicial Magistrate, Kathor (Surat) granted Equitas Small Finance Bank's application under Section 14 of the SARFAESI Act, 2002. Key Reasoning: The court found that the bank satisfied all statutory requirements for asset possession, including proper notice to borrowers under Section 13(2), classification of the account as non-performing, and consideration of borrower objections. The court appointed a Court Commissioner to take possession of the mortgaged property (Plot No. 22 in Shree Hari Residency, Shekhpur village, Kamrej, Surat) and forward it to the bank. The bank was directed to deposit ₹15,000 toward commissioner expenses within one month, with the commissioner to complete the possession process within 90 days. This case analysis is maintained by casestatus.in based on publicly available court records.
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