Disposed¶19
Motilal Oswal Home Finance Limited Thr. Sandeep Bhivaji Patil v. the State of Maharashtra District Magistrate and Ors.
Bombay HCWP/12754/2025
Case brief
AI extract
What is this about?
Motilal Oswal Home Finance Limited; secured creditor; SARFAESI Act 2002 Section 14 notice; loss of possession of secured assets to principal borrowers; fresh application to Magistrate required; writ petition disposed without direction; Bombay High Court Kolhapur circuit bench; Avachat and Kadethankar JJ.; 12 January 2026.
What did the court decide?
The Court did not grant the sought direction to deliver possession of the secured assets, because the petitioner admittedly has not moved a similar application again to the concerned Magistrate. ¶13