PNB Housing Finance Ltd. v. State of Maharashtra and Ors.
Case brief
What is this about?
PNB Housing Finance Ltd. v. State of Maharashtra & Ors.; Bombay High Court, Writ Petition No.17279 of 2024 (companion W.P. No.17331 of 2024), disposed of on 6th October, 2025 by R.I. Chagla and Farhan P. Dubash, JJ.; secured creditor; borrower trespass into secured assets; re-possession by Tahasildar – Karjat within 15 days; Order dated 8th September, 2022 under Section 14, Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI); police protection charges payable by Petitioner/secured creditor; statement on instructions accepted; writ petitions disposed of without contested adjudication; no precedents cited; no quantum fixed.
What did the court decide?
Respondent No.3 – Tahasildar – Karjat to take possession of the secured assets from the borrower within 15 days from the date of the Order (a re-possession); the Petitioner to pay the police protection charges for such taking of possession.