Citation : 2026 Latest Caselaw 4889 Bom
Judgement Date : 12 May, 2026
P1-WPST-14740-2026.doc
Digitally signed
by PALLAVI
MAHENDRA
PALLAVI WARGAONKAR
MAHENDRA
WARGAONKAR Date:
2026.05.12
18:51:58
+0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CIVIL APPELLATE JURISDICTION
WRIT PETITION (ST) NO.14740 OF 2026
M/s. Rainbow Deco Plas Pvt. Ltd. and Ors. ...Petitioners
Versus
GP Parsik Sahakari Bank Ltd.
(Multi-State Schedule Bank) and Anr. ...Respondents
__________
Ms. Khushbu Marwadi, for the Petitioners.
None for the Respondents.
__________
CORAM : ADVAIT M. SETHNA &
SANDESH D. PATIL, JJ.
DATE : 12 MAY 2026 (VACATION COURT)
P.C.:
1. Not on board. Upon mentioning, taken on board.
2. The Petition was moved on the ground of urgency being that the
Respondent - Bank is taking possession of the subject premises today, i.e.
12 May 2026. This is pursunt to the notice of possession dated 23 April
2026 which is the subject matter of challenge in the present proceedings.
3. The learned counsel for the Petitioner has on instructions stated
that the possession of the said property is not taken by the Respondent -
Bank as on date. It has also been stated that as Securitisation Application
filed along with Interim Application is before the concerned Debt
Recovery Tribunal (DRT-II) tomorrow i.e. 13 May 2026.
P1-WPST-14740-2026.doc
4. In view of the above, there is no urgency at present.
5. Let the matter be listed in due course.
[SANDESH D. PATIL, J] [ADVAIT M. SETHNA, J.]
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