Yes Bank Limited v. Pax Enterprise Pvt Ltd

Jayshri Lande 15-WP-10423-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

by JYOTI PRAKASH PAWAR Date:

2025.09.17 17:37:34 +0530 JYOTI PRAKASH PAWAR CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 10423 OF 2025 YES Bank Limited ... Petitioner

Versus

1. PAX Enterprise Private Limited and Ors.,

...Respondents

_______________________________________ Mr. Cyrus Ardeshir, Senior Counsel i/b. Apoorva Kulkarni for Petitioner Mr. Shubham Shinde for Respondent No.1 Mr. Xerxes Batliwala representative Respondent No.3 present. _______________________________________ CORAM : R.I. CHAGLA AND FARHAN P. DUBASH, JJ.

DATE : 15th SEPTEMBER 2025 ORDER :

1.

By separate order passed in Writ Petition No.10294 of 2025, we had disposed of the Writ Petition by directing the Debts Recovery Tribunal-I, Mumbai to conclude the hearing of Interim Application No.896 of 2025 filed in the Securitisation Application No.86 of 2025. That order would also apply in the present case i.e. concerning Interim Application No.930 of 2025 in Securitisation Application No.88 of 2025, between the Petitioner and the 1/2

Jayshri Lande 15-WP-10423-2025.doc Respondents and which is being heard together with the Interim Application No.896 of 2025 in Securitisation Application No.86 of 2025 (subject matter of disposed of Writ Petition No.10294 of 2025), by the Presiding Officer of Debts Recovery Tribunal - I, Mumbai.

2.

Accordingly, this Writ Petition is also disposed of in terms of the said order passed in Writ Petition No.10294 of 2025. ( FARHAN P. DUBASH, J. ) ( R.I. CHAGLA J. ) 2/2