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

Awaiting Report

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

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

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

10-03-2026

Awaiting Report

07-01-2026

Awaiting Report

06-01-2026

Order

11-12-2025

Order

26-11-2025

Order

Interim Orders

07-11-2025
General Orders
07-01-2026
General 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.

casestatus.in Summary

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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