Vibha Mhalsekar v. Union of India Thr. the Ministry of Finance Department of Finance and Ors.
Case brief
What is this about?
Vibha Mhalsekar v. Union of India (through Ministry of Finance and Ors.), WRIT PETITION NO.6074 OF 2025, High Court of Judicature at Bombay, decided 06-05-2025 (Coram: A.S. Chandurkar & M.M. Sathaye, JJ.). Grievance: non-consideration by the Debts Recovery Tribunal of Securitisation Application No.244 of 2023 despite loss of possession of the secured asset. Held: writ petition disposed of as not entertained; all contentions open; prayer clause (d) grievance kept open; liberty to seek expeditious consideration and to place subsequent events on record; DRT to consider any such request. Respondent No.3 Bank to file affidavit-in-reply by 05-06-2025. Corrected order pursuant to speaking-to-minutes order dt. 07-05-2025. No statutes or precedents cited in the order.
What did the court decide?
Writ petition disposed of as not entertained with all contentions open; liberty to the petitioner to seek expeditious consideration of the Securitisation Application and to place subsequent events on record before the Debts Recovery Tribunal; grievance vide prayer clause (d) kept open; Debts Recovery Tribunal to consider any request for expeditious consideration in the given facts of the case.