IRFAN NISAR AHMED KHATRI vs UCO BANK ASSET MANAGEMENT BRANCH AND ORS — IA/1719/2026

Case under Securitisation & Reconstruction of Finiancial Assets Act Section 226. Disposed: --Disposed off as Withdrawn on 13th March 2026.

Case disposed

CNR: HCBM010077472026

Filing Number

IA/4426/2026

Filing Date

13-Feb-2026

Registration No

IA/1719/2026

Registration Date

26-Feb-2026

Judge

Hon'ble Shri Justice Manish Pitale , Hon'ble Shri Justice Shreeram Vinayak Shirsat

Coram

Hon'ble Shri Justice Manish Pitale , Hon'ble Shri Justice Shreeram Vinayak Shirsat

Bench Type

Division

Category

MERCANTILE LAWS COMMERCIAL TRANSACTIONS , BANKS ( 28 )

Sub-Category

MATTERS RELATING TO SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS ( 10 )

Judicial Branch

Civil

Decision Date

13-Mar-2026

Nature of Disposal

--Disposed off as Withdrawn

Last updated 10-Jun-2026

Acts & Sections

Securitisation & Reconstruction of Finiancial Assets Act Section 226

Petitioner(s)

  1. 1.IRFAN NISAR AHMED KHATRI

    Adv. Manoj Harit And Co

Respondent(s)

  1. 1.UCO BANK ASSET MANAGEMENT BRANCH AND ORS

Case History

  1. Case disposedDisposed

  2. 08-May-2026

    Hon'ble Shri Justice Manish Pitale,hon'ble Shri Justice Farhan Parvez DubashView PDF

    Case Summary: Irfan Nisar Ahmed Khatri v. UCO Bank WP No. 15177/2025 | Bombay High Court | 08 May 2026 The High Court disposed of the petition seeking extension of time for depositing balance sale consideration after UCO Bank cancelled the auction and refused EMD refund. The court directed the DRT to expeditiously decide the bank's interim application (within two weeks from 13.05.2026) regarding moratorium under IBC Section 95. If a fresh auction is conducted, the petitioner's deposited amount of ₹1.04 crores shall be credited as EMD; if unsuccessful, full refund within four weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 13-Mar-2026

    Hon'ble Shri Justice Manish Pitale,hon'ble Shri Justice Shreeram Vinayak ShirsatView PDF

  4. 13-Mar-2026

    For Direction

    Hon'ble Shri Justice Manish Pitale , Hon'ble Shri Justice Shreeram Vinayak Shirsat

  5. 06-Mar-2026

    Hon'ble Shri Justice Manish Pitale,hon'ble Shri Justice Shreeram Vinayak ShirsatView PDF

  6. 13-Feb-2026

    Case filed

    Registration No. IA/1719/2026

casestatus.in Summary

Case Summary: Irfan Nisar Ahmed Khatri v. UCO Bank WP No. 15177/2025 | Bombay High Court | 08 May 2026 The High Court disposed of the petition seeking extension of time for depositing balance sale consideration after UCO Bank cancelled the auction and refused EMD refund. The court directed the DRT to expeditiously decide the bank's interim application (within two weeks from 13.05.2026) regarding moratorium under IBC Section 95. If a fresh auction is conducted, the petitioner's deposited amount of ₹1.04 crores shall be credited as EMD; if unsuccessful, full refund within four weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

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