PNB & ICICI Home Finance Petitions Disposed

Authority: High Court of Judicature at Bombay (Civil Appellate Jurisdiction)

Order Date: 23 September 2026

Case Overview

• Petitioners: M/s. PNB Housing Finance Ltd. & Anr., and M/s. ICICI Home Finance Company Ltd. & Anr., acting as secured creditors.
• Respondents: The State of Maharashtra & Ors.
• Intervenor: Ms. Nashra Zaidi and Ms. Shrushti Vishwakarma, represented by Yogesh Dandekar & Co.
• Counsel for petitioners: Mr. Ajay Deshmane, by V. Deshpande & Co.
• AGP for respondents: Mrs. P. M. Joshi-Deshpande (for WP/10682) and Mrs. Tanu N. Bhatia (for WP/10723).
• The petitions sought enforcement of an earlier direction for taking physical possession of secured assets.
• Petitioners informed the Court that the direction had been complied with.

Final Outcome

• The Court, after confirming compliance, held that nothing further survives in the petitions and ordered their disposal.
• All pending applications, if any, were also disposed of.

Topics: Legal Disposition, Secured Creditors, Housing Finance