PNB Housing Finance Secured Asset Possession Order

Authority: High Court of Judicature at Bombay

Order Date: 01 October 2026

Case Overview

• Petitioner: PNB Housing Finance Limited (secured creditor) represented by Mr. Smit Shah and Ms. Heena Lambate.
• Respondents: The State of Maharashtra and others, represented by AGPs Mr. S. P. Kamble, Ms. Tanu N. Bhatia, and Ms. D. S. Deshmukh.
• The writ petitions (WP/8541/2026, WP/8544/2026, WP/8545/2026) sought enforcement of earlier court directions for taking physical possession of a secured asset.
• The petitioner submitted documents evidencing that physical possession of the secured asset had been handed over in compliance with the earlier directions.

Final Outcome

• The Court disposed of all three writ petitions and any pending applications.
• The Court accepted the petitioner’s evidence of possession and ordered that the petitions be closed.
• The State authorities were directed to take further legal steps concerning complaints of trespass into the property.

Topics: Secured Asset Enforcement, Court Order