Authority: High Court of Judicature at Bombay, Civil Appellate Jurisdiction
Order Date: 07 October 2026
Case Overview
- Petition No. 3648 of 2026 filed by Aadhar Housing Finance Limited (through its Authorized Officer) as petitioner, a secured creditor bank, against the State of Maharashtra and others as respondents.
- Counsel for petitioner: Mr. Balasaheb S. Choure (through VC); counsel for respondents: Ms. Tanu N. Bhatia, Additional Government Pleader (AGP).
- The petition sought enforcement of the bank’s secured creditor rights following earlier directions dated 16 September 2026.
- The petitioner bank complied with the earlier order, and physical possession of the secured asset was handed over to the bank on 28 September 2026, as evidenced by the Tabepavati and Panchanama documents, which were placed on record.
- The State, acting on the petitioner’s complaint, registered a First Information Report (FIR) against the concerned parties.
Final Outcome
- The Court directs the State authorities to pursue the investigation arising from the FIR expeditiously and in accordance with applicable law.
- The writ petition is hereby disposed of, and any pending applications, if any, are also disposed of.
Topics: Secured Asset Enforcement, Banking Litigation, Court Proceedings