Ujjivan Small Finance Bank Ltd. through Shivaji Khade vs Vishwas Vasant Awaghade and other — 976/2025
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: MHRG030020352025
e-Filing Number
12-08-2025
Filing Number
2035/2025
Filing Date
03-09-2025
Registration No
976/2025
Registration Date
03-09-2025
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
Petitioner(s)
Ujjivan Small Finance Bank Ltd. through Shivaji Khade
Adv. LALSARE MANDAR ARVIND
Respondent(s)
Vishwas Vasant Awaghade and other
Vasant Balu Awaghade
Hearing History
Judge: 1-Chief Judicial Magistrate Raigad-ALIBAG
Disposed
Arguments
Arguments
Verification
Verification
| Date | Purpose | Result |
|---|---|---|
| 09-03-2026 | Disposed | |
| 07-03-2026 | Arguments | |
| 25-02-2026 | Arguments | |
| 31-01-2026 | Verification | |
| 29-12-2025 | Verification |
Final Orders / Judgements
Summary: The Chief Judicial Magistrate of Raigad-Alibag allowed Ujjivan Small Finance Bank's application under Section 14 of the SARFAESI Act to take physical possession of a mortgaged flat (Flat No. 102, River Side Park, Panvel) valued at ₹10,00,000, after the borrowers defaulted on loan repayment of ₹10,25,406.94 despite a 60-day notice. A Court Commissioner was appointed to execute the possession order within one month, with police aid if necessary, and the borrowers must be given 7 days' prior notice. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary: The Chief Judicial Magistrate of Raigad-Alibag allowed Ujjivan Small Finance Bank's application under Section 14 of the SARFAESI Act to take physical possession of a mortgaged flat (Flat No. 102, River Side Park, Panvel) valued at ₹10,00,000, after the borrowers defaulted on loan repayment of ₹10,25,406.94 despite a 60-day notice. A Court Commissioner was appointed to execute the possession order within one month, with police aid if necessary, and the borrowers must be given 7 days' prior notice. This case analysis is maintained by casestatus.in based on publicly available court records.
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