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2025 DAILYLAW 46471 (PNJ)

PIRAMAL CAPITAL AND HOUSING FINANCE LTD v. UNION TERRITORY OF CHANDIGARH AND OTHERS

CWP/10854/2024 · 2025-09-17

Rohit Kapoor, To Be Nominated

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-10854-2024 Date of Decision : September 17, 2025 PIRAMAL CAPITAL AND HOUSING FINANCE LTD .....Petitioner VERSUS UNION TERRITORY OF CHANDIGARH AND OTHERS .....Respondents CORAM: HON'BLE MR. JUSTICE ASHWANI KUMAR MISHRA HON'BLE MR. JUSTICE ROHIT KAPOOR Present : Mr.Parkash Shah, Senior Advocate(through VC) assisted by Mr. Mukul Singla, Advocate for the petitioner. Mr. Sourabh Goel, Addl. Standing Counsel for UT, Chandigarh. **** ASHWANI KUMAR MISHRA, J. (Oral) 1. Both the learned counsel for the parties are in agreement that the controversy raised in the present writ petition stands concluded by the judgment of the Hon’ble Supreme Court in Ghanashyam Mishra and Sons Private Limited through the authorised signatory Vs. Edelweiss Asset Reconstruction Company Limited through the Director and others, (2021) 9 SCC 657. 2. For the reasons recorded therein, this petition is also disposed of in terms of the judgment of the Hon’ble Supreme Court and show cause notice dated 29.09.2023 (Annexure P-1) and order dated 31.12.2023 (Annexure P-2) are quashed. (ASHWANI KUMAR MISHRA) JUDGE (ROHIT KAPOOR) September 17, 2025 JUDGE ajaysharma Whether speaking/reasoned. : Yes/No Whether Reportable. : Yes/No AJAY KUMAR 2025.09.19 09:40 I attest to the accuracy and integrity of this document Chandigarh