STATE BANK OF INDIA THROU.CHANDRAKUMAR KAMBLE vs NILESH RAMCHANDRA DHUMAL — 884/2025

Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Uncontested--DISPOSED OF OTHERWISE on 09th March 2026.

Cri.M.A. - Criminal Misc. Application

CNR: MHRG030017662025

Case disposed

e-Filing Number

23-07-2025

Filing Number

1766/2025

Filing Date

25-07-2025

Registration No

884/2025

Registration Date

25-07-2025

Court

Chief Judicial Magistrate , Raigarh

Judge

1-Chief Judicial Magistrate Raigad-ALIBAG

Decision Date

09th March 2026

Nature of Disposal

Uncontested--DISPOSED OF OTHERWISE

Acts & Sections

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

Petitioner(s)

STATE BANK OF INDIA THROU.CHANDRAKUMAR KAMBLE

Adv. NAGE GAURANGI JAGDISH

Respondent(s)

NILESH RAMCHANDRA DHUMAL

Hearing History

Judge: 1-Chief Judicial Magistrate Raigad-ALIBAG

09-03-2026

Disposed

07-03-2026

Arguments

28-02-2026

Arguments

07-02-2026

Dismissal Order

17-01-2026

Dismissal Order

Final Orders / Judgements

09-03-2026
Order on Exhibit

The court allowed State Bank of India's application under Section 14 of the SARFAESI Act to take physical possession of a mortgaged flat (valued at ₹20 lakh) from respondent Nilesh Dhumal, who defaulted on his home loan since March 2019 despite receiving a 60-day repayment notice. A Court Commissioner was appointed to execute possession within one month after the bank deposits ₹15,000 in fees, with the borrower to receive 7 days' prior intimation. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

The court allowed State Bank of India's application under Section 14 of the SARFAESI Act to take physical possession of a mortgaged flat (valued at ₹20 lakh) from respondent Nilesh Dhumal, who defaulted on his home loan since March 2019 despite receiving a 60-day repayment notice. A Court Commissioner was appointed to execute possession within one month after the bank deposits ₹15,000 in fees, with the borrower to receive 7 days' prior intimation. This case analysis is maintained by casestatus.in based on publicly available court records.

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