M/S Enviiro Bulkk Handling Systems Pvt. Ltd. And ORS v. Invent Assets Securitisation And Reconstruction Pvt. Ltd. And ANR

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION NO.4208 OF 2022 ...

M/s.Enviiro Bulkk Handling Systems Pvt.Ltd.

and ors.

...Petitioners

v/s.

Invent Assets Securitisation and Reconstruction Pvt.Ltd. & Anr.

...Respondents

...

Adv.Pratap Sampat a/w Adv.Aarti Shyam Suvarna for the Petitioners. Adv.A.A.Alaspurkar, AGP for State.

...

CORAM : A.A. SAYED & ABHAY AHUJA, JJ.

DATED : 07 APRIL 2022 P.C.:

( In view of urgency expressed, taken on Production Board.) The Petitioners are essentially challenging the notice of the Tahsildar dated 16-03-2022 for possession of (a) Row House No.97, Flora City, Village-Talegaon, Tal-Maval, District- Pune- ownership Mr.Milind Dixit and Mrs.Janhavi Dixit; (b) Row House No.45, Flora City, Village-Talegaon, Tal-Maval, District- Pune- ownership Mr.Nitin P.Supe;

pursuant to the order passed by the District Magistrate under section 14 of the SARFAESI Act.

Uday.P.Kambli 1/2

2/2 503-wp-4208-2022.doc 2.

In view of section 60 of the Insolvency and Bankruptcy Code, 2016 (IBC) and since the matter is still pending before the National Company Law Tribunal ( for closure-), we dispose of the Petition by granting liberty to the Petitioner to approach the NCLT.

3.

In the facts and circumstances of the case, however, we direct the Respondent No.2-Tahsildar to defer taking possession of the aforesaid Row-Houses, which is scheduled to be taken tomorrow i.e. 08-04-2022, for a period of three weeks from today.

(ABHAY AHUJA,J.) (A.A.SAYED, J.) Uday.P.Kambli 2/2