Authority: High Court of Judicature at Bombay, Civil Appellate Jurisdiction
Order Date: 03 September 2026
Case Overview
- Petition No.10090 of 2026 was filed by Cholamandalam Investment & Finance Co. Ltd., a secured creditor bank, against the State of Maharashtra and other respondents.
- The petitioner sought enforcement of directions dated 18 August 2026, which required the respondent to hand over physical possession of the secured asset and to explain why an FIR was not registered on a complaint disclosing cognizable offences.
- Counsel for the petitioner, Mr. Prafull Chipte on behalf of Ms. Medha Rane, informed the Court that the secured asset had been handed over, complying with the earlier order.
- The Court noted that the earlier direction to respondent No.4 to report on the FIR remained outstanding.
Final Outcome
- The Court disposed of the writ petition, stating that no further relief remains.
- All pending applications, if any, were also dismissed.
- Respondent No.4 was directed to take necessary steps, if not already done, to address the FIR registration issue strictly in accordance with law.
Topics: Legal, Banking, Asset Recovery