Ojas Tradelease And Mall Management Private Limited Thru Authroratitve Representative Rajesh Pathak v. Central Bank Of India Corporate Finance Branch
22-WP-1278-24.DOCX Sayali
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION SAYALI DEEPAK UPASANI WRIT PETITION NO. 1278 OF 2024 SAYALI DEEPAK UPASANI Date: 2025.12.15 11:44:30 +0530 Future Corporate Resources Pvt Ltd
...Petitioner
Versus
Central Bank of India
...Respondents
WITH WRIT PETITION (L) NO. 27363 OF 2023 (NOB) Ojas Tradelease And Mall Management Private Limited Thru Authroratitve Representative Rajesh Pathak
...Petitioner
Versus
Central Bank Of India Corporate Finance Branchs
...Respondents
______________________________________________________ Mr Prasad Shenoy with Ms. Aditi Phatak with Ms. Juhi Bhayani i/b BLAC and Co. for Respondent No. 2- RBI. ______________________________________________________
CORAM:
M.S. Sonak & Advait M. Sethna, JJ.
DATED:
12 DECEMBER 2025 PC:- 1.
None for the Petitioner.
2.
Heard the learned Counsel for the Reserve Bank of India (RBI).
22-WP-1278-24.DOCX 3.
The learned Counsel for the RBI submits that in pursuance of this Court's order of 15 February 2024, the Petitioners applied to the NCLT to decide the issue of maintainability of the Company Petitions as a preliminary issue. He submits that the NCLT has disposed of such Interim Applications and held that the Company Petitions were maintainable. The NCLT has proceeded to even appoint a Resolution Professional. This was by orders dated 05 September 2024 and 24 September 2024.
4.
The above orders have not been challenged in these Petitions. In any event, the Petitioners have an alternate and efficacious remedy to challenge such orders if they so desire. 5.
Accordingly, we dispose of all these Petitions with liberty to the Petitioners or to the Resolution Professionals as the case may be to avail of the alternate remedies provided under the statute.
6.
The Petitions are disposed of with liberty in the above terms.
(Advait M. Sethna, J) (M.S. Sonak, J)