Federal Bank vs M/s Darvesh Poultry Feed and Poultry Material Supplier, A partnership Firm Advocate - NIL — 53/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Uncontested--ALLOWED OTHERWISE on 17th March 2026.

Cri.M.A. - Criminal Misc. Application

CNR: MHAH030007932026

Case disposed

e-Filing Number

01-01-2026

Filing Number

793/2026

Filing Date

14-01-2026

Registration No

53/2026

Registration Date

17-01-2026

Court

Chief Judicial Magistarte ,Ahmednagar

Judge

23-Chief Judicial Magistrate

Decision Date

17th March 2026

Nature of Disposal

Uncontested--ALLOWED OTHERWISE

Acts & Sections

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT Section 14

Petitioner(s)

Federal Bank

Adv. NIL

Respondent(s)

M/s Darvesh Poultry Feed and Poultry Material Supplier, A partnership Firm Advocate - NIL

Shaikh Shahid S

Adv. NIL

Jabin Shahid Shaikh

Adv. NIL

Hearing History

Judge: 23-Chief Judicial Magistrate

17-03-2026

Disposed

16-03-2026

Order on Exh

12-03-2026

Order on Exh

11-03-2026

Order on Exh

09-03-2026

Order on Exh

Final Orders / Judgements

17-03-2026
Order on Exhibit

Summary The Chief Judicial Magistrate, Ahmednagar, allowed Federal Bank's application under Section 14 of the SARFAESI Act to take possession of secured assets (movable stock, machinery, and immovable property) valued at Rs. 5.3 crore from M/s Darvesh Poultry Feed after the borrower defaulted on repayment obligations totaling Rs. 4.66 crore despite a 60-day demand notice. A Court Commissioner was appointed to execute possession with police assistance if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary The Chief Judicial Magistrate, Ahmednagar, allowed Federal Bank's application under Section 14 of the SARFAESI Act to take possession of secured assets (movable stock, machinery, and immovable property) valued at Rs. 5.3 crore from M/s Darvesh Poultry Feed after the borrower defaulted on repayment obligations totaling Rs. 4.66 crore despite a 60-day demand notice. A Court Commissioner was appointed to execute possession with police assistance if necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

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