Authority: High Court of Judicature at Bombay
Order Date: 16 October 2026
Case Overview
- Petition: Writ Petition No. 11531 of 2026 filed by FED Bank Financial Services (secured creditor) against the State of Maharashtra and other respondents.
- Background: An earlier order dated 5 October 2026 directed that the petitioner be put in possession of the secured asset. The petitioner reported compliance with that order.
- Borrowers’ request: The original borrowers (unnamed) sought permission to retrieve certain articles remaining in the subject property, proposing to do so in the presence of the petitioner’s officials.
- Court’s observations: The court noted the petitioner’s possession and the borrowers’ request, and granted permission for the borrowers to approach the petitioner’s officials to arrange collection of the articles, with the petitioner required to specify a date for such collection.
Final Outcome
- The writ petition is disposed of; no further orders are required regarding possession.
- Borrowers are permitted to collect their articles from the property, subject to coordination with the petitioner’s officials and a date to be fixed by the petitioner.
- All pending applications, if any, are also disposed of.
Topics: Secured Creditors, Court Orders