Asrec India Asset Handed Over, Petition Dismissed

Authority: High Court of Judicature at Bombay, Civil Appellate Jurisdiction

Order Date: 16 October 2026

Case Overview

• Petitioner: Asrec India Ltd, a secured creditor.
• Respondents: State of Maharashtra and others.
• Writ Petition No. 6381 of 2026 filed in the Bombay High Court.
• The petitioner claimed entitlement to possession of a secured asset.
• On 15 October 2026, physical possession of the secured asset was handed over to Asrec India Ltd, as evidenced by panchanama and taba pavati documents tendered by the respondent’s Additional Government Pleader.

Final Outcome

• The Court held that no issues remain in the writ petition.
• The petition is disposed of, and any pending applications, if any, are also disposed of.

Topics: Legal Dispute, Secured Creditors