PUNJAB NATIONAL BANK vs M/S SANDOZ MERCHANTS PVT LTD AND ORS — 862/2025
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Status: Awaiting Report. Next hearing: 03rd August 2026.
Misc Crl Case - Misc Criminal Case
CNR: WBHW040054742025
Next Hearing
03rd August 2026
e-Filing Number
-
Filing Number
5474/2025
Filing Date
07-11-2025
Registration No
862/2025
Registration Date
07-11-2025
Court
Chief Judicial Magistrate, Howrah
Judge
1-Chief Judicial Magistrate
Acts & Sections
Petitioner(s)
PUNJAB NATIONAL BANK
Adv. ANITA DAS
Respondent(s)
M/S SANDOZ MERCHANTS PVT LTD AND ORS
Hearing History
Judge: 1-Chief Judicial Magistrate
Awaiting Report
Awaiting Report
Order
Order
Order
| Date | Purpose | Result |
|---|---|---|
| 10-03-2026 | Awaiting Report | |
| 07-01-2026 | Awaiting Report | |
| 06-01-2026 | Order | |
| 11-12-2025 | Order | |
| 26-11-2025 | Order |
Interim Orders
Summary The petition filed by Punjab National Bank under Section 14 of the SARFAESI Act, 2002 is allowed. The court authorized the bank to take physical possession of the mortgaged immovable property (land with factory structure in Howrah) valued at Rs. 4.26 crore, after the borrower defaulted on loans totaling Rs. 5,52,87,539.46. The Head Clerk of CJM Court, Howrah is directed to execute the possession order and hand over the property to the bank's authorized officer, with compliance report due by 10.03.2026. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary The petition filed by Punjab National Bank under Section 14 of the SARFAESI Act, 2002 is allowed. The court authorized the bank to take physical possession of the mortgaged immovable property (land with factory structure in Howrah) valued at Rs. 4.26 crore, after the borrower defaulted on loans totaling Rs. 5,52,87,539.46. The Head Clerk of CJM Court, Howrah is directed to execute the possession order and hand over the property to the bank's authorized officer, with compliance report due by 10.03.2026. This case analysis is maintained by casestatus.in based on publicly available court records.
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