Vibha Mhalsekar v. Union of India Thr. the Ministry of Finance Department of Finance and Ors.
Case brief
What is this about?
Bombay High Court order dated 15.09.2025 in IA No. 11566 of 2025 in WP No. 6074 of 2025 (Vibha Mhalsekar v. Union of India & Ors.); DRT-III Vashi directed to hear and dispose of Securitisation Application No. 244 of 2023 within four weeks; SA adjourned to 24.02.2026; earlier order dated 06.05.2025 granted liberty for expeditious consideration; statement of Respondent No.3's counsel in Order dated 08.08.2025 to continue operating; SARFAESI Act Sections 13(2) and 13(4) notice-sequence grievance; auction process; interim application disposed.
What did the court decide?
Direction to the DRT to hear and dispose of Securitisation Application No. 244 of 2023 within four weeks from uploading of the order; the earlier statement of learned counsel for Respondent No.3 recorded in the Order dated 8th August 2025 to continue to operate till hearing and disposal of the Securitisation Application.