Tag
Shreeram V. Shirsat
5 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 Several writ petitions filed against state authorities and municipal corporations have been disposed of, withdrawn, or dismissed, often involving settlements or clarifications of pending issues. Motilal Oswal Home Finance secured physical possession of an asset, while Janata Co-op Bank overcame a challenge to its possession order, underscoring the continued focus on recovering secured debts. These developments suggest ongoing legal complexities in property-related matters, potentially creating risks and uncertainties for businesses involved in real estate and lending.
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Shakuntalam Landcraft Petition Withdrawn by Court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Encore Asset Reconstruction Petition Withdrawn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