Virupaksha Ayappa Halur and Anr. v. the State of Maharashtra Thr Commissioner
Case brief
What is this about?
Bombay High Court writ petition disposed of (10-03-2025, Chandurkar & Sathaye, JJ.) purely on petitioners' undertaking to clear Rs.40,00,000/- outstanding to Respondent No.3 in installments (Rs.10,00,000/- paid 28/02/2025; Rs.15,00,000/- by 25/03/2025; balance Rs.15,00,000/- by 25/04/2025); default in any installment entails handing over possession of the secured asset to Respondent No.3. Consent order; no contested issues, no statutory provisions or case law discussed. Useful only as evidence of the binding undertaking and its default consequence.
What did the court decide?
Writ petition disposed of in terms of the Petitioners' undertaking: out of Rs.40,00,000/- outstanding to Respondent No.3, Rs.10,00,000/- was paid on 28/02/2025; Rs.15,00,000/- to be paid by 25/03/2025 and the balance Rs.15,00,000/- by 25/04/2025; in case of default in payment of any installment, possession of the secured asset is to be handed over to Respondent No.3.