Idfc First Bank Ltd Thr Authorised Signatory And ANR v. The State Of Maharashtra Thr The Court Of District Magistrate And ORS

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION NO.1424 OF 2025 IDFC First Bank Ltd.

(Formerly IDFC Bank Ltd.) and Anr.

.. Petitioners Vs.

The State of Maharashtra, Through the District Magistrate, Pune and Ors. .. Respondents Mr. Nikhil Rajani with Mr. Dhruvam Gaikwad, Advocates, i/by V. Deshpande & Co., for the Petitioners.

Mr. S.H. Kankal, Assistant Government Pleader for the Respondents. CORAM : A.S. CHANDURKAR & M.M. SATHAYE, JJ DATE : 7TH MARCH 2025.

P.C. :

1.

Since the borrower has approached the Debts Recovery Appellate Tribunal and an interim order of protection has been passed, no purpose would be served by keeping this writ petition pending as the petitioners seek implementation of the order passed under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The writ petition is disposed of. 2.

Needless to state that in case of any fresh cause of action, the petitioners are free to take appropriate steps. [ M.M. SATHAYE, J. ] [ A.S. CHANDURKAR, J. ] 1/1 Digitally signed by SNEHA ABHAY DIXIT Date:

2025.03.07 18:44:49 +0530 Dixit SNEHA ABHAY DIXIT 906-WP-1424-2025.doc