Petitioner withdrew writ petition challenging action under SARFAESI Act due to non-functioning of DRAT. Court disposed of petition as withdrawn and noted interim relief.
Petition disposed of as withdrawn.
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932-wp-381-2022.odt
IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH, NAGPUR
Writ Petition No.381 of 2022
Cosmic Motors India Pvt. Ltd. and others … Petitioner
Versus
The Authorized Officer, Hero Fincorp Ltd., and others … Respondents
Mr. Ashish Killedar, Advocate for Petitioner.
Ms Kajal Bhatia and Mr. Rohit Masurkar, Advocates for Respondents.
CORAM : NITIN JAMDAR AND ANIL L. PANSARE, JJ. DATE : 11 MARCH 2022
P.C.:
This Petition is filed directly in this Court challenging the action taken under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 since the Debts Recovery Tribunal was not functional. Since the Debts Recovery Tribunal is now functional, the learned Counsel for the Petitioner seeks leave to withdraw the Petition.
Lanjewar
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932-wp-381-2022.odt
order. The amount was not deposited. Further order was passed on 9 February 2022 clarifying that the Respondents would be at liberty to proceed further for enforcement of security interest as per law. This liberty is already granted by this Court.
(ANIL L. PANSARE, J.) (NITIN JAMDAR, J.)
Digitally Signed By :P D LANJEWAR Signing Date:15.03.2022 14:37
Lanjewar
Cosmic Motors India Pvt. Ltd. and others
The Authorized Officer, Hero Fincorp Ltd., and others
Nitin Jamdar
Anil L. Pansare
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
