Neela Jha v. Union Of India Thr The Ministry Of Finance And ORS

ppn 1 909.wp-1417.24.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

PRACHI PRANESH NANDIWADEKAR Date: 2024.05.09 10:56:56 +0530 CIVIL APPELLATE JURISDICTION PRACHI PRANESH NANDIWADEKAR WRIT PETITION NO.1417 OF 2024 Neela Jha .. Petitioner

Versus

Union of India & Ors.

.. Respondents --- Mr.Subhash Jha i/by Law Global for the petitioner. Mr.Kedar B.Dighe for respondent no.1-UOI.

Mr.A.I. Patel, Addl. G.P. a/w Ms.Priyanka B.Chavan, AGP for the respondent no.4.

---- CORAM : A.S. CHANDURKAR & JITENDRA JAIN, JJ.

DATE : 8 th May 2024 P.C.:- .

Considering the nature of directions proposed to be issued, the service of notice on respondent nos.1 to 3 is dispensed with. The learned Additional Government Pleader waives service for respondent no.4.

2.

The petitioner claims to be auction purchaser of the subject property that was mortgaged with the respondent no.3-Bank. A Sale Certificate since has been issued to the petitioner. However, the possession of the same has not been received. The petitioner was informed by the Bank that on 11th October 2023, an application under

ppn 2 909.wp-1417.24.doc Section 14(1) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short "the said Act") had been filed. The said application is stated to be pending. 3.

In the aforesaid facts, the interest of justice would be served by directing the respondent no.4 to decide the application filed by the Bank under Section 14(1) of the said Act by 31st May 2024. Keeping all the contentions open, the writ petition is disposed of. Parties to act on the authenticated copy of this order.

JITENDRA JAIN, J.

A.S. CHANDURKAR, J.