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Bombay High CourtALP/175/2024disposed off

Il And Fs Financial Services Limited v. Pallav Trading Pvt Ltd

2025-12-04Hon'Ble Shri Justice Sandeep V. Marne2 pages

Megha 907_alp_175 & 178_24.docx

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CRIMINAL APPELLATE JURISDICTION APPLICATION FOR LEAVE TO APPEAL (PVT) NO.175 OF 2024 IL & FS Financial Services Limited ...Applicant V/s.

Pallav Trading Pvt. Ltd.

...Respondent

WITH APPLICATION FOR LEAVE TO APPEAL (PVT) NO.178 OF 2024 IL & FS Financial Services Limited ...Applicant V/s.

Anupama Rishi Agarwal and Anr.

...Respondents

______________ Mr. Pankaj Uttaradhi with Mr. Sagar Hate i/b. Ms. Sabeena Mahadik for the Applicant.

Mr. Kiran C. Shinde, APP for State in ALP/175/2024. Ms Rajana Humane, APP for State in ALP/178/2024. ______________ CORAM: SANDEEP V. MARNE, J.

DATED: 4 DECEMBER 2025.

P.C.:

1) The learned counsel appearing for the Applicant/Appellant, on instructions, seeks leave of the Court to withdraw the Application and the Appeal with liberty to file Appeal under the Proviso to Section 372 of the Criminal Procedure Code, Page No.

1 of 4 December 2025

Megha 907_alp_175 & 178_24.docx 1973/Section 413 of Bharatiya Nagarik Suraksha Sanhita, 2023 before the Sessions Court in view of judgment of the Apex Court in Celestium Financial vs. A. Gnanasekaran Etc.1 2) Reserving the liberty as prayed for, the Applications and Appeals are permitted to be withdrawn and disposed of. 3) If Appeal is filed before the Sessions Court within a period of eight weeks, the Appellant/Applicant shall be entitled to the benefit of Section 14 of the Limitation Act, 1963. 4) Registry shall return the certified copy of the impugned order to the Applicant.

[SANDEEP V. MARNE, J.] 2025 SCC OnLine SC 1320 Signed by: Megha S. Parab Designation: PA To Honourable Judge Date: 05/12/2025 13:15:24 Page No.

2 of 4 December 2025