← Library
Bombay High CourtIA/2298/2026disposed off

Konshila Infrastructure Pvt Ltd v. Pegasus Asset Reconstruction Pvt Ltd

2026-04-24Hon'Ble Shri Justice Manish Pitale , Hon'Ble Shri Justice Shreeram Vinayak Shirsat2 pages

bipin prithiani p1-ia-2298.26.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO. 2298 OF 2026 IN WRIT PETITION NO. 17747 OF 2025 Konshila Infrastructure Pvt. Ltd. & Anr.

...

Applicants/ Petitioners

Versus

Pegasus Asset Reconstruction Pvt. Ltd & Ors.

...

Respondents ****** Mr. Siddharth Samantray a/w Mr. Niket Hari i/by Manoj Harit and Co. for the Applicants/Petitioners.

Mr. Charles De Souza for Respondent No.1.

BIPIN DHARMENDER PRITHIANI Date: 2026.04.24 17:50:23 +0530 BIPIN DHARMENDER PRITHIANI ****** CORAM : MANISH PITALE AND SHREERAM V. SHIRSAT, JJ.

DATE : 24th APRIL 2026 P.C. :

.

Not on board. Mentioned by way of praecipe, seeking a direction for extension of time for Debts Recovery Tribunal-I, Mumbai (DRT-I) to dispose of pending Interim Application No. 2713 of 2025 in Securitisation Application No. 65 of 2024. 2.

On earlier occasions also this Court has been extending the time period for disposal of the said interim application. It appears that due to a number of part-heard matters before the said DRT, the interim application could not be disposed of in the extended period of time, which expires today. There is no specific objection on the part of the respondents with regard to the prayer for

bipin prithiani p1-ia-2298.26.doc granting extension of time to the DRT to dispose of the pending interim application.

3.

In view of the above, DRT-I is granted time of three weeks, as a matter of last chance, to dispose of Interim Application No. 2713 of 2025 in Securitisation Application No. 65 of 2024. 4.

Praecipe is disposed of.

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