Bank of India vs Kiran Sureshrao Hedau — 670/2026

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Uncontested--ALLOWED OTHERWISE on 12th March 2026.

Case disposed

Cri.M.A.

CNR: MHNG030038512026

e-Filing Number

23-01-2026

Filing Number

3851/2026

Filing Date

05-Feb-2026

Registration No

670/2026

Registration Date

07-Feb-2026

Court

Chief Judicial Magistrate , Nagpur

Judge

2-Addl. Chief Judicial Magistrate Nagpur.

Decision Date

12-Mar-2026

Nature of Disposal

Uncontested--ALLOWED OTHERWISE

Last updated 24-May-2026

Acts & Sections

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

Petitioner(s)

  1. 1.Bank of India

    Adv. KOLTE MITHIL HARISHCHANDRA

Respondent(s)

  1. 1.Kiran Sureshrao Hedau

Case History

  1. Case disposedDisposed

  2. 12-Mar-2026

    Order on ExhibitView PDF

    The Additional Chief Judicial Magistrate, Nagpur allowed Bank of India's application under Section 14 of the SARFAESI Act, 2002 to take possession of a residential apartment (Flat No. 808, valued at Rs. 29,70,000) mortgaged by the borrower Kiran Hedau, who defaulted on his home loan repayment. The court appointed Advocate Sheikh Altaf Mohammeddeen as Court Commissioner to execute the possession order within 60 days, with authority to use force if necessary, relying on precedent that magistrates need only verify the bank issued a demand notice under Section 13(2). This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 12-Mar-2026

    Disposed

    Addl. Chief Judicial Magistrate Nagpur.

  4. 06-Mar-2026

    First Order

    Addl. Chief Judicial Magistrate Nagpur.

  5. 02-Mar-2026

    First Order

    Addl. Chief Judicial Magistrate Nagpur.

  6. 26-Feb-2026

    First Order

    Addl. Chief Judicial Magistrate Nagpur.

  7. 21-Feb-2026

    First Order

    Addl. Chief Judicial Magistrate Nagpur.

  8. 13-Feb-2026

    First hearing

    Initial hearing scheduled

  9. 05-Feb-2026

    Case filed

    Registration No. 670/2026

casestatus.in Summary

The Additional Chief Judicial Magistrate, Nagpur allowed Bank of India's application under Section 14 of the SARFAESI Act, 2002 to take possession of a residential apartment (Flat No. 808, valued at Rs. 29,70,000) mortgaged by the borrower Kiran Hedau, who defaulted on his home loan repayment. The court appointed Advocate Sheikh Altaf Mohammeddeen as Court Commissioner to execute the possession order within 60 days, with authority to use force if necessary, relying on precedent that magistrates need only verify the bank issued a demand notice under Section 13(2). This case analysis is maintained by casestatus.in based on publicly available court records.

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