MR TILAK RAJ BHAGAT & ANR. v. IIFL HOME FINANCE LTD & ORS.
W.P.(C)/8764/2026 · 2026-07-10
Jasmeet Singh
Writ Petition (Civil)body2026
DailyLaw.ai
[ 2026 DAILYLAW 12710 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 12710 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~15 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 8764/2026 & CM APPL. 41131/2026
MR TILAK RAJ BHAGAT & ANR.
.....Petitioners Through: Mr. Sanjay Dewan Sr Adv, Mr. Navneet Thakran, Mr. Siddharth Chopra and Ms. Arshia Kohli, Advs
versus
IIFL HOME FINANCE LTD & ORS. .....Respondents
Through: Mr Mukul Bhimani, Adv
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R %
10.07.2026
1. This is a writ petition filed under Article 226 of the Constitution of India seeking the following prayers :-
“a. Issue a Writ of Certiorari or any other appropriate writ,
order, or direction quashing and setting aside the Impugned Auction Notice dated 11.06.2026 issued by Respondent No. 1 concerning the property situated at Shop No. 14, 2nd Floor, LSC, Sheikh Sarai, Phase-II, New Delhi-110017; b. Issue a Writ of Mandamus directing Respondent No. 1 to drop all ongoing and subsequent coercive measures initiated under the SARFAESI Act, 2002 concerning the property situated at Shop No. 14, 2nd Floor, LSC, Sheikh Sarai, Phase-II, New Delhi-110017. ...”
2. Mr. Bhimani, learned counsel for the respondent No. 1, states that This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 22/07/2026 at 12:54:04
according to the instructions received, the respondent Nos. 1 and 2 have arrived at a settlement, which has been signed by petitioner No. 1.
3. Since a settlement has been arrived at, the respondents will not proceed ahead with the Auction Notice, subject to the parties adhering to their obligation in the settlement.
4. In this view of the matter, Mr. Dewan, learned senior counsel for the petitioners, does not press the present petition.
5. The petition is accordingly disposed of with liberty to revive in case of any subsequent developments.
JASMEET SINGH, J
JULY 10, 2026/AS
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 22/07/2026 at 12:54:04