Dismissed¶¶25

Reliance Capital Limited v. M/S Radius Corporation Limited

Chhattisgarh HC12 Jul 2026WPC/2849/2018

Case brief

AI extract

What is this about?

Reliance Capital Limited v. M/s Radius Corporation Limited & others (respondents incl. Kailash Soni, Ram Shiromani Mishra, M/s Radius Water Limited, Prmod Agrawal, District Magistrate Rajnandgaon); WPC No. 2849 of 2018; neutral citation 2026:CGHC:29466; NAFR; High Court of Chhattisgarh at Bilaspur; order dated 13/07/2026 by Bibhu Datta Guru, Judge; petition dismissed as withdrawn on I.A. No.3/2026 with liberty to initiate fresh SARFAESI proceedings; counsel: Kanchan Rai for petitioner, K.G. Yadav Dy.G.A. for respondents, Ashish Pandey (for Abhinav Kardekar) for respective respondents.

What did the court decide?

Withdrawal permitted (I.A. No.3/2026 allowed); petitioner granted liberty to initiate fresh SARFAESI proceedings; petition dismissed as withdrawn. ¶¶25

Reliance Capital Limited Vs M/S Radius Corporation… — Banking and Recovery | Chhattisgarh HC (2026)

CGHC010304592018

2026:CGHC:29466

NAFR

AMARDEEP CHOUBEY Digitally signed by AMARDEEP CHOUBEY Date: 2026.07.14 12:08:51 +0530

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HIGH COURT OF CHHATTISGARH AT BILASPUR

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WPC No. 2849 of 2018

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1 - Reliance Capital Limited Branch Office Third Floor, Simran Tower, In Front Of Lic Building Pandri, Raipur, Through Authorize Officer Mr. Sanjay R. Patil, Aged About 47 Years, Having Office At 303, Corporate House 169, R.N. Marg, Indore, Madhya Pradesh., District : Indore, Madhya Pradesh

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... Petitioner

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versus

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1 - M/s Radius Corporation Limited Through Managing Director, Kailash Soni, R/o 3, Lata Kunj, Jaaba Badi Charni Road Mumbai, Maharashtra., District : Mumbai, Maharashtra

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2 - Kailash Soni R/o 3, Lata Kunj, Jaaba Badi Charni Road Mumbai (Mh) At Present Address Vardhaman Nagar, Rajnandgaon, Chhattisgarh., District : Rajnandgaon, Chhattisgarh

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3 - Ram Shiromani Mishra 3, Lata Kunj, Jaaba Badi Charni Road Mumbai (Mh) At Present Address Moti Talab Mandir, G.E. Road, Rajnandgaon, Chhattisgrah., District : Rajnandgaon, Chhattisgarh

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4 - M/s Radius Water Limited Through Director, Pramod Agrawal, Shivnath River, Borai Industrial Growth Center, Rasmada, Durg, Chhattisgarh., District : Durg, Chhattisgarh

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5 - Prmod Agrawal Shivnath River, Borai Industrial Growth Center, Rasmada, Durg Chhattisgarh, At Present Address 57-58, Vardhaman Nagar, Rajnandgaon, Chhattisgarh., District : Rajnandgaon, Chhattisgarh

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6 - District Magistrate Collectorate Office, District- Rajnandgaon, Chhattisgarh., District : Rajnandgaon, Chhattisgarh

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... Respondents

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For Petitioner	: Ms. Kanchan Rai, Advocate.
For Respondents	: Mr. K.G. Yadav, Dy.G.A.
For respective Respondents	: Mr. Ashish Pandey, Advocate on behalf of Mr. Abhinav Kardekar, Advocate

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Hon’ble Shri Bibhu Datta Guru, Judge

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Order on Board

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13/07/2026

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Heard on I.A. No.3/2026, application for withdrawal of the writ petition.

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Learned counsel for the petitioner seeks permission of this Court to withdraw this petition with liberty to initiate fresh SARFAESI proceedings.

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Accordingly, I.A. No.3/2026 is allowed. The present petition is dismissed as withdrawn with the aforesaid liberty.

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SD/-

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(Bibhu Datta Guru) Judge

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Amardeep

Reliance Capital Limited v. M/S Radius Corporation Limited

Case brief

What is this about?

What did the court decide?

Reliance Capital Limited v. M/S Radius Corporation Limited

Case brief

What is this about?

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