Authority: High Court of Judicature at Bombay

Order Date: 16 October 2026

Case Overview

  • Petitioner: Aavas Financiers Ltd (secured creditor) represented by counsel Sanjay Anabhawane and Ms. Medha Rane.
  • Respondents: State of Maharashtra and others, represented by Mrs. M. S. Bane, AGP.
  • The Court earlier, by order dated 1 July 2026, directed that physical possession of the subject property be handed over to the petitioner on 7 July 2026.
  • Before the possession date, the borrower settled the loan account in full, rendering the petition unnecessary.
  • Counsel for the petitioner informed the Court of the settlement and instructed withdrawal of the writ petition.

Final Outcome

  • The writ petition (Writ Petition No. 7581 of 2026) is disposed of as infructuous.
  • All pending applications, if any, are also disposed of.

Topics: Legal Dispute, Loan Settlement