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 Disposed: --Disposed off as Withdrawn on 13th March 2026.
CNR: HCBM010077472026
Filing Number
IA/4426/2026
Filing Date
13-02-2026
Registration No
IA/1719/2026
Registration Date
26-02-2026
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
13th March 2026
Nature of Disposal
--Disposed off as Withdrawn
Acts & Sections
Petitioner(s)
IRFAN NISAR AHMED KHATRI
Adv. Manoj Harit And Co
Respondent(s)
UCO BANK ASSET MANAGEMENT BRANCH AND ORS
Hearing History
Judge: HON'BLE SHRI JUSTICE MANISH PITALE , HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT
FOR DIRECTION
| Date | Purpose |
|---|---|
| 13-03-2026 | FOR DIRECTION |
Orders
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.
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.
Browse Related Cases
Cases under same legislation
Explore other courts