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2025 DAILYLAW 43519 (BOM)

NEW APSARA TRADRES THR. PRO. MAUNUDDIN HUSENBASHA SHAIKH v. THE SPECIAL RECOVERY OFFICEER SOLAPUR AND ORS

WP/4662/2024 · 2025-02-05

Shri Sandeep V Marne

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Sonali Mane 902-WP-4662-2024.docx IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 4662 OF 2024 New Apsara Tradres Thr. Pro. Maniuddin Husenbasha Shaikh … Petitioner Versus The Special Recovery Officer Solapur And Ors … Respondents Mr. Anand Kulkarni for the Petitioner. Mr. I. M. Khairdi for the Respondent Nos. 1 & 2. Mr. B. B. Dahiphale, AGP for Respondent/State. CORAM : SANDEEP V. MARNE, J. DATE : 5 FEBRUARY 2025. P.C. : 1) The learned counsel appearing for parties jointly submit that the parties have decided to amicably resolve the disputes, since the Petitioner has shown willingness to deposit amount of Rs.14,00,000/- with the Respondent No.2-Bank towards full and final settlement in respect of Recovery Certificate No. 165 of 2009 dated 2 March 2009. This arrangement is acceptable to Respondent No.2-Bank. In the event, the Petitioner deposits the amount of Rs.14,00,000/- with the Respondent No.2-Bank within a period of four weeks, the impugned auction notice shall stand quashed. In the event, there is failure on the part of the Petitioner to deposit the agreed amount of Rs.14,00,000/- within the stipulated ___Page No. 1 of 2 ___ 5 February 2025 MANE SONALI DILIP Digitally signed by MANE SONALI DILIP Date: 2025.02.06 11:28:10 +0530 Sonali Mane 902-WP-4662-2024.docx time, the Bank would be in position to execute impugned auction notice. 2) Since the parties have amicably resolved the disputes amongst them, nothing would survive in the present Petition. The Writ Petition is disposed of. [SANDEEP V. MARNE, J.] ___Page No. 2 of 2 ___ 5 February 2025