Vibha Mhalsekar v. Union Of India Thr. The Ministry Of Finance Department Of Finance And ORS

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION NO.6074 OF 2025 Vibha Mhalsekar .. Petitioner Vs.

Union of India, Through the Ministry of Finance and Ors.

.. Respondents Mr. Siddharth Jha with Mr. Sumeet Upadhyay and Mr. Ashish Saxena, Advocates, i/by Law Global, for the Petitioner. Mr. R.L. Motwani, Advocate for Respondent No.3. CORAM : A.S. CHANDURKAR & M.M. SATHAYE, JJ DATE : 6TH MAY 2025.

P.C. :

1.

The grievance raised by the petitioner is non-consideration of the Securitisation Application preferred by the petitioner being Securitsation Application No.244 of 2023 despite having lost possession of the secured asset.

2.

The learned counsel for the respondent no.3 Bank, on instructions, submits that by the next date of the proceedings, which is 5th June 2025, affidavit-in-reply to the Securitsation Application would be filed. 3.

It is open for the petitioner to place on record subsequent events before the Debts Recovery Tribunal by taking appropriate steps. 4.

By keeping all contentions open and with liberty to the petitioner to seek expeditious consideration of the Securitisation Application, the writ petition is disposed of as not entertained. However in the facts of the case, the grievance raised by the petitioner vide prayer clause (d) is kept open. If a request is made by the petitioner for expeditious consideration of the Securitisation Application, Debts Recovery Tribunal shall consider the same in the given facts of the case.

[ M.M. SATHAYE, J. ] [ A.S. CHANDURKAR, J. ] 1/1 Digitally signed by SNEHA ABHAY DIXIT Date:

2025.05.13 11:20:57 +0530 7-WP-6074-2025-Corrected Order Pursuant to Speaking to Minutes Order dt. 7-5-2025.doc Dixit SNEHA ABHAY DIXIT