Disposed

Iifl Finance Ltd. v. Apex Grievance Redressal Committee

Bombay HC19 Jul 2023WP/2020/2023

Case brief

AI extract

What is this about?

This Writ Petition was disposed of by directing the Apex Grievance Committee to adjudicate a pending appeal within six weeks, ensuring a speaking order is passed, with parties agreeing to withdraw similar pending proceedings.

What did the court decide?

Directing Respondent No.1 (AGRC) to dispose of Appeal No.2 of 2023 within six weeks; withdrawal of pending writ petition from Division Bench required.

Iifl Finance Ltd. Vs Apex Grievance… — Constitutional and Fundamental Rights | Bombay HC (2023)

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p1.wp.2020.23.doc

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Ajay

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

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O.O.C.J.

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WRIT PETITION NO. 2020 OF 2023

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IIFL Finance Ltd. and Anr...Petitioners
Versus

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Apex Grievance Committee and Ors. ..Respondents

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Mr. Janak Dwarkadas, Senior Advocate a/w. Mr. Karl Tamboly, Mr. Yash Momaya, Mr. Samit Shukla, Mr. Parag Kabadi, Ms. Saloni Shah and Mr. Abhishek Kothari i/by DSK Legal for the Petitioners.

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Mr. Cherag Balsara a/w. Ms. Dhawani Bokaria i/by Purnanand & Co. for Respondent No.3 – Society.

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Mr. Mayur Khandeparkar a/w. Dhwani Mehta Desai and Ms. Sunain Masand, Advocates for Respondent No.4.

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CORAM:MILIND N. JADHAV, J.
DATE:JULY 19, 2023.

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P.C.:

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1. Not on Board. Mentioned. Taken on Board.

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2. Heard Mr. Dwarkadas, learned Senior Advocate for the

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Petitioners; Mr. Balsara, learned Advocate for Respondent No.3 –

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Society and Mr. Khandeparkar, learned Advocate for Respondent

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No.4.

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3. After hearing the submissions made by the learned

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Advocates for some time, the present Writ Petition can be disposed of
by passing the following order:-

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(i) The present Petition has been filed to challenge the

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1 of 3

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p1.wp.2020.23.doc

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order dated 09.06.2023 (“Impugned order”) passed by
Respondent No.1 rejecting the Petitioner No.1’s Interim
Application, filed in Appeal No.2 of 2023 pending
before the Apex Grievance Redressal Committee (for
short “AGRC”) for staying the order dated 26.05.2023
of the CEO, SRA.

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(ii) Upon hearing the parties, it was suggested that the captioned Writ Petition be disposed of in terms of an order directing Respondent No.1 - AGRC to adjudicate the pending Appeal within a time-bound manner. Pursuant thereto parties agree that the present Petition may be disposed of by giving appropriate directions.

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(iii) Respondent No.1 - AGRC is directed to dispose of the
pending Appeal No.2 of 2023 within a period of 6 (six)
weeks from today. It is expressly made clear that the
merits of the case have not been examined and that all
contentions of all concerned parties are expressly kept
open. Further the Appeal shall be decided on its own
merits, uninfluenced by the impugned order and
strictly in accordance with law and a speaking order
will be passed by the AGRC.

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(iv) Liberty to apply.

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p1.wp.2020.23.doc

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(v) Petitioners undertake to withdraw the Writ Petition filed before the Division Bench in respect of the same subject matter and which is pending within one week from the date of this order.

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(vi) Writ Petition is disposed of in the above terms. No costs.

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(vii) All parties to act on an authenticated copy of this order.

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 [ MILIND N. JADHAV, J. ]

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Ajay

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Digitally signed by AJAY AJAY TRAMBAK TRAMBAK UGALMUGALE UGALMUGALE Date: 2023.07.19 18:07:32 +0530

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Iifl Finance Ltd. v. Apex Grievance Redressal Committee

Case brief

What is this about?

What did the court decide?

Iifl Finance Ltd. v. Apex Grievance Redressal Committee

Case brief

What is this about?

What did the court decide?

What the court decided

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Coram

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