State Bank Of India Throu. Rambhau K Taktewale v. The State Of Maharashtra Throu. District Magistrate Palghar And ORS

9-wp 8982-25.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 8982 OF 2025 State Bank of India ... Petitioner

Versus

The State of Maharashtra & Ors.

... Respondents .............

Mr. Mahesh D. Swami i/b Mr. Navin Arora for the Petitioner. Mr. S. L. Babar, AGP for the Respondent Nos.1 & 2.

CORAM

: M. S. KARNIK AND N. R. BORKAR, JJ.

DATED : 10 th JULY, 2025.

P.C. :

1.

Leave to amend to correct the details regarding respondent No.2 is granted.

2.

Amendment to be carried out forthwith.

3.

Physical possession of the secured asset mentioned in prayer clause (b) is not yet taken. Since the notice under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Act has been issued, we direct respondent No.1 to take physical possession of the secured asset as mentioned in prayer clause (b) within a period of 10 weeks from today. 4.

Learned counsel for the petitioner submits that there is no legal impediment in taking possession of the secured asset. The petitioner is willing to pay the necessary charges for police protection. The in-charge Amk 1/2

9-wp 8982-25.doc of the concerned police station to co-operate if request for police protection is made.

5.

The petition is disposed of.

(N. R. BORKAR, J.) ( M. S. KARNIK, J.) Amk 2/2