Bombay High Court
Wisdom English School Sitature At ... vs The Authorized Officer Edelweiss Asset ... on 19 May, 2026
1-CWPST-14767-26.odt
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD
WRIT PETITION (STAMP) NO.14767 OF 2026
Wisdom English School and Others
VERSUS
The Authorised Officer Edlweiss Asset Reconstruction Company Ltd.
And Others
......
Mr. Amit A. Mukhedkaar, Advocate for Petitioners
R.K, Ingole, AGP for all Respondents.
......
CORAM : SIDDHESHWAR S. THOMBRE, J.
[VACATION COURT] DATE : 19 MAY, 2026 PER COURT :
1. Heard the learned counsel for the Petitioners
2. Learned counsel for the petitioners submits that, due to extreme urgency, the matter is circulated. He submits that on 11.05.2026, a possession notice came to be issued. It is further submitted that after acquiring knowledge of the proclamation, the petitioners filed an Interim Application before the learned Debts Recovery Tribunal, Aurangabad. The learned Tribunal, by order dated 18.05.2026, rejected the said Interim Application by recording a finding that the sale certificate had already been issued and registered on 31.01.2026, pursuant to the auction sale conducted on 30.12.2025. Learned counsel further submits that even according to the statement made before the learned Debts Recovery Tribunal, the property has already been sold and the Bank has recovered the amount. It is submitted that the entire sale process was conducted behind the back of the petitioners and that the prescribed procedure was not followed while conducting the sale.
1-CWPST-14767-26.odt 2
3. Considering the submissions advanced and the fact that the petitioner is a school and presently in possession of the property, I am inclined to protect the possession of the petitioners till the next date.
4. Issue notice to respondents, returnable on 16.06.2026.
3. Till the next date, ad interim relief in terms of prayer clause 'D'.
[ SIDDHESHWAR S. THOMBRE ] JUDGE S P Rane