Ranjit Madan Singh And ANR v. The Bank Of Maharashtra Thr. Its Autho. Officer And ORS

bipin prithiani 17-wp-2350.26.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 2350 OF 2026 Ranjit Madan Singh & Anr.

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Petitioners

Versus

The Bank of Maharashtra & Ors.

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Respondents ****** Mr. Akshay Arun Deshmukh for the Petitioners. Mr. Tanmay R. Sangani (through V.C.) i/by Kay Legal and Associates anfor Respondent No.1.

BIPIN DHARMENDER PRITHIANI Date: 2026.02.26 12:06:51 +0530 BIPIN DHARMENDER PRITHIANI ****** CORAM : MANISH PITALE AND SHREERAM V. SHIRSAT, JJ.

DATE : 25th FEBRUARY 2026 P.C. :

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By this petition, the petitioner is challenging the order dated 19th November 2025 passed by the competent Magistrate in an application filed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Securitisation Act) by the respondent No.1Bank. 2.

The petitioners have an alternative remedy of approaching the DRT under the provisions of the Securitisation Act. 3.

As a matter of fact, we are informed that after filing of this writ petition, the petitioners have filed Securitisation Application (Diary) No. 326 of 2026 before the DRT.

bipin prithiani 17-wp-2350.26.doc 4.

In view of the above, the writ petition is dismissed. However, the petitioners are at liberty to pursue the application filed before the DRT and also to seek appropriate interim reliefs therein.

5.

This Court has not expressed any opinion on the merits of the matter.

(SHREERAM V. SHIRSAT, J.) (MANISH PITALE, J.)