926-APEAL-505-2015 (CR).DOCX lgc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIRCUIT BENCH AT KOLHAPUR CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO. 505 OF 2015 Vasantdada Shetakri Sahakari Bank Ltd. Sangli : Appellant VERSUS Vidyasagar Subhash Patil And Anr. : Respondents __________________________________________________________ Ms. Vaishnavi M Mali i/by Adv. Shivaji Masal for the Appellant. Mr. Kuldeep U Nikam for Respondent No.1. Dr. A. A. Takalkar, APP for the Respondent – State. __________________________________________________________ CORAM : ASHWIN D. BHOBE, J. DATED : 21 AUGUST 2026 PC:- 1. Heard learned Advocate for the Appellant and learned APP for the Respondent – State. 2. Learned Advocates for the parties, by referring to the decision of the Hon’ble Supreme Court in the case of Celestium Financial Vs. A. Gnanasekaran Etc. reported in 2025 SCC OnLine SC 1320, submit that these proceedings would now lay before the Sessions Court having jurisdiction. They therefore request that these proceedings be transferred to the Sessions Court having jurisdiction. 3. In view of the above, the following order is passed :- 1 LAXMIKANT GOPAL CHANDAN Digitally signed by LAXMIKANT GOPAL CHANDAN Date: 2026.08.24 18:38:37 +0530 926-APEAL-505-2015 (CR).DOCX (i) The present proceedings be transferred to the Sessions Court, having jurisdiction; (ii) The Registrar (Judicial) of this Court to take appropriate steps for transferring these proceedings to the Sessions Court, having jurisdiction; (iii) The Sessions Court, to which these proceedings would be transferred or assigned, after re-registration of the same, shall issue notice to the parties to the said proceedings and thereafter proceed with the matter on its own merits and in accordance with law. (iv) Considering the proceedings which are now being transferred have been pending for some time, the Sessions Court to which these proceedings would be assigned is requested to make an endeavour to expedite the proceedings. Parties shall cooperate in the early disposal of the proceedings. 4. Criminal Appeal No. 505 of 2015 is disposed of. 5. Interim Application, if any, is also disposed of. (ASHWIN D. BHOBE, J.) 2