Tag
Manish Pitale
6 articles
Recent court proceedings in Maharashtra highlight ongoing disputes related to asset possession and property rights, impacting financial institutions and developers. Several writ petitions filed against state authorities and municipal corporations have been disposed of, withdrawn, or dismissed, often involving settlements or clarifications on pending matters. These cases, including those involving Motilal Oswal Home Finance, Janata Co-op Bank, and Raisoni Kothari Builders, underscore the complexities and potential legal challenges associated with recovering secured assets and resolving property-related disputes. Investors should monitor these developments as they reflect broader trends in legal proceedings affecting real estate and lending sectors.
Illuminati Buildings Solutions Loses Tower Alignment Petition
The Bombay High Court dismissed Illuminati Buildings Solutions’ petition to halt erection of electricity transmission towers over its property.
The court held the respondent is authorized under the Te
Bombay HC Disposes Writ Petition, Directs DRT
High Court of Bombay disposes Writ Petition No.8477 of 2025 filed by Encore Assets Reconstruction Company Pvt. Ltd. against State of Maharashtra.
Court notes that directions dated 31 July 2026 were co
Axis Bank Secured Creditor Priority Over Tax Lien
Axis Bank, as secured creditor, filed writ petition against Deputy Commissioner of CGST & Central Excise over NOC denial for flats.
Court held registration of security interest with CERSAI on 20 Dec 2
Motilal Oswal Home Finance Secures Asset Possession
Bombay High Court noted compliance with its 23 Sep 2026 order, confirming possession of the asset transferred to Motilal Oswal Home Finance.
The court disposed of writ petition No.11600 of 2026 filed
Shakuntalam Landcraft Petition Withdrawn by Court
Bombay High Court considered Writ Petition No.3785/2026 filed by Shakuntalam Landcraft Ltd against Authum Investments & Infrastructure Ltd and others.
On October 5, 2026, petitioner’s counsel sought p
Encore Asset Reconstruction Petition Withdrawn
Petitioners Prajakta Makarand Patil and another filed writ petition No.9010 of 2026 against Encore Asset Reconstruction Company.
On Oct 5, 2026, petitioners sought permission to withdraw the writ peti