Bank sought repossession of secured assets delivered under a SARFAESI Section 14 order but allegedly re-entered by borrowers, prompting an FIR. The court directed the State to obtain instructions and listed the petition for directions on 18 September 2024.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
KVM
1/2
46 - WP 2541 OF 2024.doc
Digitally signed KANCHAN by KANCHANVINOD VINOD MAYEKAR MAYEKAR Date:2024.09.03 10:10:38 +0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CIVIL APPELLATE JURISDICTION
WRIT PETITION NO. 2541 OF 2024
TJSB Sahakari Bank Ltd. Thane ….. Petitioner
VERSUS
State of Maharashtra & Ors. ….. Respondents
Mr.Aadesh M. Patil for the Petitioner.
Mr. N. C. Walimbe, Addl. G.P. a/w. Mr. N. K. Rajpurohit, A.G.P. for the State – Respondent Nos. 1 to 4.
CORAM : A.S. CHANDURKAR &
RAJESH S. PATIL, JJ
DATE : 2nd SEPTEMBER, 2024
P.C. :-
The learned counsel for the petitioner submits that
pursuant to the order passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the possession of the
secured assets was delivered on 12th July 2024. However, immediately thereafter the borrowers re-entered possession. Hence, FIR No. 0410 was lodged on 16th July 2024. The
KVM
2/2
46 - WP 2541 OF 2024.doc
petitioner seeks repossession to the secured assets.
the respondent nos. 1 to 4 to obtain necessary instructions in the
meanwhile.
[ RAJESH S. PATIL, J. ] [ A.S. CHANDURKAR, J. ]
1 provisions across 1 enactments
TJSB Sahakari Bank Ltd., Thane
State of Maharashtra
A.S. Chandurkar
Rajesh S. Patil
As recorded by the court registry
13 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
