Reliance Asset Reconstruction Company Limited v. Debt Recovery Trivunal-1

by PALLAVI MAHENDRA WARGAONKAR Date:

2025.11.26 20:32:14 +0530 PALLAVI MAHENDRA WARGAONKAR 2-IA-12395-2025 (C).DOCX Pallavi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO.12395 OF 2025 IN WRIT PETITION NO.1494 OF 2024 Reliance Asset Reconstruction Co. Ltd.

...Applicant In the matter between Anbit Finvest Private Ltd.

...Petitioner

Versus

Debt Recovery Tribunal-1

...Respondent

______________________________________________________ Ms. Bijal Gogri (Thr. VC) for Petitioner in WP/1494/2024 and Applicant in IA/12395/2025.

Ms. S.D. Vyas, Addl. G.P. a/w Ms. A.A. Purav, AGP and Mr. M.M. Pabale, AGP for the Respondent No.8- State. ______________________________________________________ CORAM : M.S. Sonak & Advait M. Sethna, JJ.

DATED : 25 November 2025 P.C.:- 1.

Heard the learned counsel for the Applicant. This is an Interim Application seeks the following substantive reliefs:- "(a) This Hon'ble Court be pleased to permit the Applicant i.e., Reliance Asset Reconstruction Company Limited to remove name of Original Petitioner i.e., Ambit Finvest Private Limited and substitute the name of the Applicant in its place and carry out amendment as per schedule.

(b) This Hon'ble Court be pleased to grant consequential Amendment arising therefrom."

2-IA-12395-2025 (C).DOCX 2.

Considering the averments made in the Interim Application, we see no good ground to refuse the prayers made.

3.

Accordingly, this Interim Application is made absolute in terms of prayer clauses (a) and (b) referred to above.

4.

Necessary amendment to be carried out within this week. The learned counsel states that she will now appear on behalf of the Petitioner notwithstanding the substitution of the name.

5.

Interim Application is disposed of.

(Advait M. Sethna, J) (M.S. Sonak, J.)