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.

Case disposed

Cri.M.A. - Criminal Misc. Application

CNR: MHRG030020352025

e-Filing Number

12-08-2025

Filing Number

2035/2025

Filing Date

03-Sep-2025

Registration No

976/2025

Registration Date

03-Sep-2025

Court

Chief Judicial Magistrate , Raigarh

Judge

1-Chief Judicial Magistrate Raigad-Alibag

Decision Date

09-Mar-2026

Nature of Disposal

Uncontested--DISPOSED OF OTHERWISE

Last updated 13-Apr-2026

Acts & Sections

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

Petitioner(s)

  1. 1.Ujjivan Small Finance Bank Ltd. through Shivaji Khade

    Adv. LALSARE MANDAR ARVIND

Respondent(s)

  1. 1.Vishwas Vasant Awaghade and other

  2. 2.Vasant Balu Awaghade

Case History

  1. Case disposedDisposed

  2. 09-Mar-2026

    Order on ExhibitView PDF

    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.

  3. 09-Mar-2026

    Disposed

    Chief Judicial Magistrate Raigad-Alibag

  4. 07-Mar-2026

    Arguments

    Chief Judicial Magistrate Raigad-Alibag

  5. 25-Feb-2026

    Arguments

    Chief Judicial Magistrate Raigad-Alibag

  6. 31-Jan-2026

    Verification

    Chief Judicial Magistrate Raigad-Alibag

  7. 29-Dec-2025

    Verification

    Chief Judicial Magistrate Raigad-Alibag

  8. 28-Nov-2025

    Verification

    Chief Judicial Magistrate Raigad-Alibag

  9. 04-Nov-2025

    Verification

    Chief Judicial Magistrate Raigad-Alibag

  10. 30-Oct-2025

    Verification

    Chief Judicial Magistrate Raigad-Alibag

  11. 19-Sep-2025

    First hearing

    Initial hearing scheduled

  12. 03-Sep-2025

    Case filed

    Registration No. 976/2025

casestatus.in Summary

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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