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2025 DAILYLAW 3566 (RAJ)

ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED v. ACCIL CORPORATION PRIVATE LIMITED

SAW/36/2025 · 2025-01-23

Manindra Mohan Shrivastava, Shubha Mehta

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[2025:RJ-JP:3387-DB] HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR D. B. Special Appeal Writ No. 36/2025 In S.B. Civil Writ Petition No. 4965/2023 1. Asset Reconstruction Company (India) Limited, Acting In Its Capacity As Trustee Of ARCIL-Ast-088-I-Trust (Assignee Union Bank Of India), The Ruby, 10Th Floor, 29 Senapati Bapat Marg, Dadar (W), Mumbai-400028 Through Its Authorized Signatory (Lead Bank). 2. Asset Reconstruction Company (India) Limited, Acting In Its Capacity As Trustee Of Arcil-Ast-088-I-Trust (Assignee Indian Overseas Bank), The Ruby, 10Th Floor, 29 Senapati Bapat Marg, Dadar (W), Mumbai- 400028 Through Its Authorized Signatory. ----Appellants Versus 1. Accil Corporation Private Limited, At Plot No. 1, Raj Mahal Palace Scheme, Sahkar Circle, Sardar Patel Marg, Jaipur- 302001, Rajasthan, Through Its Authorized Signatory. ...Respondent/Petitioner 2. Reserve Bank Of India, Ram Bagh Circle, Tonk Road, Jaipur, Rajasthan Through Its Authorized Representative. 3. Central Bank Of India, Jeevan Tara Building 5, Parliament Street Branch, New Delhi- 110001 Through Its Authorized Officer. 4. Indian Bank, Nehru Place Branch, 47-48 Pragati House, Nehru Place, New Delhi- 110019 Through Its Authorized Officer. 5. Omkara Assets Reconstruction Private Limited, (Erstwhile Karur Vysya Bank Limited), C/515, Kanakia Zillion, Junction Of Lbs Road And Cst Road, Bkc Annexure, Near Equinox Kurla (West), Mumbai- 400070, Through Authorized Signatory. ----Respondents [2025:RJ-JP:3387-DB] (2 of 2) [SAW-36/2025] For Appellants : Mr. S.S. Hora Advocate with Mr. Ayush Sharma Advocate, Mr. Shivangshu Naval Advocate and Ms. Akanksha Noval Advocate. For Respondents : Mr. Anuroop Singhi Advocate with Mr. Palash Gupta Advocate and Ms. Palak Saraswat Advocate. HON'BLE THE CHIEF JUSTICE MR. MANINDRA MOHAN SHRIVASTAVA HON'BLE MRS. JUSTICE SHUBHA MEHTA Order 23/01/2025 1. Heard. 2. Though the grievance ventilated through this appeal is that application for vacation of stay order is pending consideration since long, after having gone through impugned order dated 13.12.2024, we find that the appellants and the writ petitioner both agreed that the main case be argued on the next date of hearing and the case was directed to be listed on 20.01.2025. 3. Learned counsel for the appellants submits that the writ petition is listed today. 4. In that view of the matter, we are not inclined to pass any order. 5. Appeal is, accordingly, dismissed. (SHUBHA MEHTA),J (MANINDRA MOHAN SHRIVASTAVA),CJ MANOJ NARWANI-DAKSH /184