The Kanara District Central Co-Operative Bank Ltd R/by Mr. P.G. Dixit vs Shri Chatrapati Shivaji Education Trust R/by Shri Rayanna Somaninga Arashinageri — 14/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Uncontested--ALLOWED/GRANTED AFTER FULL HEARING on 06th March 2026.

Case disposed

Crl.Misc. - CRIMINAL MISC.CASES

CNR: KAUK020000582026

Filing Number

14/2026

Filing Date

28-Jan-2026

Registration No

14/2026

Registration Date

28-Jan-2026

Court

PRL. SENIOR CIVIL JUDGE AND CJM, KARWAR

Judge

520-Prl. Snr. CIVIL Judge And CJM Court, Karwar

Decision Date

06-Mar-2026

Nature of Disposal

Uncontested--ALLOWED/GRANTED AFTER FULL HEARING

Last updated 19-Mar-2026

Acts & Sections

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

Petitioner(s)

  1. 1.The Kanara District Central Co-Operative Bank Ltd R/by Mr. P.G. Dixit

    Adv. PARAMESHWARA SHRIKRISHNA BHAT

Respondent(s)

  1. 1.Shri Chatrapati Shivaji Education Trust R/by Shri Rayanna Somaninga Arashinageri

  2. 2.Shri Yallappa Parashuram Bobati

  3. 3.Smt Lalitha Kom Rayanna Arashinageri

  4. 4.Shri Tanaji Ramachandra Nakadi

  5. 5.Shri Sheshagiri Yallappa Bobati

  6. 6.Shri Pramod Rayanna Arshingeri

  7. 7.Shri Subash Hanumant Torlekar

  8. 8.Smt Lakshmi Subash Torlekar

  9. 9.Smt Shruthi Kom Rama Gardolkar

Case History

  1. Case disposedDisposed

  2. 06-Mar-2026

    OrdersView PDF

    Summary The court allowed the Kanara District Central Co-Operative Bank's petition under Section 14 of the SARFAESI Act 2002, directing the respondents (Chatrapati Shivaji Education Trust and trustees) to deliver possession of mortgaged properties to the bank to recover dues of Rs. 2,10,67,080. The bank had complied with statutory requirements by issuing demand and possession notices after the loan accounts became non-performing assets in 2021, and the respondents failed to repay despite notice periods. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 06-Mar-2026

    Disposed

    Prl. Snr. CIVIL Judge And CJM Court, Karwar

  4. 26-Feb-2026

    Hearing

    Prl. Snr. CIVIL Judge And CJM Court, Karwar

  5. 17-Feb-2026

    Hearing

    Prl. Snr. CIVIL Judge And CJM Court, Karwar

  6. 09-Feb-2026

    Hearing

    Prl. Snr. CIVIL Judge And CJM Court, Karwar

  7. 29-Jan-2026

    First hearing

    Initial hearing scheduled

  8. 28-Jan-2026

    Case filed

    Registration No. 14/2026

casestatus.in Summary

Summary The court allowed the Kanara District Central Co-Operative Bank's petition under Section 14 of the SARFAESI Act 2002, directing the respondents (Chatrapati Shivaji Education Trust and trustees) to deliver possession of mortgaged properties to the bank to recover dues of Rs. 2,10,67,080. The bank had complied with statutory requirements by issuing demand and possession notices after the loan accounts became non-performing assets in 2021, and the respondents failed to repay despite notice periods. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

High Courts Supreme Court
Search Another Case