M/S. OM SAI DECOPLAST PVT LTD THRU DIRECTOR AND ANR v. PEGASUS ASSET RECONSTRUCTION PVT LTD
WP/10684/2026 · 2026-08-24
body2026
DailyLaw.ai
[ 2026 DAILYLAW 3712 (BOM) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 3712 (BOM) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
27_WP_10684_26.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 10684 OF 2026 M/s. Om Sai Decoplast Pvt. Ltd., Through Director Anil Krishnaji Naik, & another … Petitioners vs. Pegasus Asset Reconstruction Pvt. Ltd. … Respondent Mr. Ismail Nasikwala for petitioners. Mr. Rashid Khan a/w. Ms. Ankita Pandey, i/b. Mr. Rakesh Kumar Singh for respondent.
CORAM : MANISH PITALE & SHREERAM V. SHIRSAT, JJ DATE :
24th AUGUST, 2026 P.C. : . When the petition is called out for hearing, the learned counsel for the petitioners, on instructions, seeks permission to withdraw the petition, in the light of subsequent events and the petitioners seek liberty to pursue their remedies before the Debts Recovery Tribunal (DRT) in pending Securitisation Application No.144 of 2026. It is submitted that this Court may also consider directing expeditious disposal of the pending securitisation application.
2. In view of the above, the writ petition is disposed of as withdrawn, with liberty as aforesaid.
3. DRT is directed to expeditiously dispose of pending Securitisation Application No.144 of 2026.
(SHREERAM V. SHIRSAT, J.) (MANISH PITALE, J.) 1/1 Priya Kambli PRIYA KAMBLI Digitally signed by PRIYA KAMBLI Date: 2026.08.24 17:44:18 +0530