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.

Awaiting Report Next hearing 03-Aug-2026 this date has passed

Misc Crl Case - Misc Criminal Case

CNR: WBHW040054742025

Filing Number

5474/2025

Filing Date

07-Nov-2025

Registration No

862/2025

Registration Date

07-Nov-2025

Court

Chief Judicial Magistrate, Howrah

Judge

1-Chief Judicial Magistrate

Last updated 02-May-2026

Acts & Sections

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

Petitioner(s)

  1. 1.PUNJAB NATIONAL BANK

    Adv. ANITA DAS

Respondent(s)

  1. 1.M/S SANDOZ MERCHANTS PVT LTD AND ORS

Case History

  1. 03-Aug-2026

    Next hearingPending

  2. 10-Mar-2026

    Awaiting Report

    Chief Judicial Magistrate

  3. 07-Jan-2026

    General OrdersView PDF

    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.

  4. 07-Jan-2026

    Awaiting Report

    Chief Judicial Magistrate

  5. 06-Jan-2026

    Order

    Chief Judicial Magistrate

  6. 11-Dec-2025

    Order

    Chief Judicial Magistrate

  7. 26-Nov-2025

    Order

    Chief Judicial Magistrate

  8. 07-Nov-2025

    General OrdersView PDF

  9. 07-Nov-2025

    First hearing

    Initial hearing scheduled

  10. 07-Nov-2025

    Case filed

    Registration No. 862/2025

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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