ICICI Bank Ltd vs SHADAB SHAIKH — 760/2025
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: Uncontested--ALLOWED / GRANTED AFTER FULL HEARING on 07th March 2026.
Cri.M.A. - Criminal Misc. Application
CNR: MHSN030056432025
e-Filing Number
01-12-2025
Filing Number
5643/2025
Filing Date
01-12-2025
Registration No
760/2025
Registration Date
16-12-2025
Court
Chief Judicial Magistrate, Sangli
Judge
1-CHIEF JUDICIAL MAGISTRATE SANGLI
Decision Date
07th March 2026
Nature of Disposal
Uncontested--ALLOWED / GRANTED AFTER FULL HEARING
Acts & Sections
Petitioner(s)
ICICI Bank Ltd
Adv. PIMPALE GAJANAN WASUDEORAO
Respondent(s)
SHADAB SHAIKH
AAYESHA MAHAMADSHADAB SHAIKH
Hearing History
Judge: 1-CHIEF JUDICIAL MAGISTRATE SANGLI
Disposed
Argument on Exh.____Unready
Argument on Exh.____Unready
Compliance
Compliance
| Date | Purpose |
|---|---|
| 07-03-2026 | Disposed |
| 04-03-2026 | Argument on Exh.____Unready |
| 23-02-2026 | Argument on Exh.____Unready |
| 06-02-2026 | Compliance |
| 02-02-2026 | Compliance |
Final Orders / Judgements
Summary: The Sangli Chief Judicial Magistrate allowed ICICI Bank's application under Section 14 of the SARFAESI Act to take possession of a residential flat in Maharashtra after the borrowers defaulted on a Rs. 21.30 lakh home loan. The court appointed an advocate as commissioner to take possession of the property and hand it over to the bank, finding all statutory requirements satisfied and no barriers to granting the bank's relief. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary: The Sangli Chief Judicial Magistrate allowed ICICI Bank's application under Section 14 of the SARFAESI Act to take possession of a residential flat in Maharashtra after the borrowers defaulted on a Rs. 21.30 lakh home loan. The court appointed an advocate as commissioner to take possession of the property and hand it over to the bank, finding all statutory requirements satisfied and no barriers to granting the bank's relief. This case analysis is maintained by casestatus.in based on publicly available court records.
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