SAKSHI SANDEEP NAVGE vs SARASWAT CO-OPERATIVE BANK LTD. — WP/5902/2026
Case under Securitisation & Reconstruction of Finiancial Assets Act Section NA. Next hearing: 23rd June 2026.
CNR: HCBM010156942026
Next Hearing
23rd June 2026
Filing Number
WP/9084/2026
Filing Date
30-03-2026
Registration No
WP/5902/2026
Registration Date
29-04-2026
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
Acts & Sections
Petitioner(s)
SAKSHI SANDEEP NAVGE
Adv. Amresh sharma
Respondent(s)
SARASWAT CO-OPERATIVE BANK LTD.
FUTURE GENERALI INDIA LIFE INSURANCE COMPANY LTD.
Hearing History
Judge: HON'BLE SHRI JUSTICE MANISH PITALE , HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT
FRESH ADMISSION
HIGH ON BOARD -
| Date | Purpose |
|---|---|
| 05-05-2026 | FRESH ADMISSION |
| 23-06-2026 | HIGH ON BOARD - |
Orders
Case Summary: WP/5902/2026 Outcome: Petition admitted with ad-interim relief granted. Notice issued returnable 23.06.2026. The Bombay High Court allowed widow Sakshi Sandeep Navge's writ petition challenging the bank's foreclosure proceedings on her Mira Road flat. The petitioner's husband died in October 2024 during the 25th month of a ₹36.51 lakh home loan; the insurance policy death benefit of ₹32,42,074 should have cleared the outstanding loan, but the insurance company refunded only ₹1,20,565 premium. The Court found the bank's invocation of the Securitisation Act premature and granted interim relief: staying recovery proceedings, restraining physical possession of the flat, and directing the insurer to maintain status quo on the policy. This case analysis is maintained by casestatus.in based on publicly available court records.
Case Summary: WP/5902/2026 Outcome: Petition admitted with ad-interim relief granted. Notice issued returnable 23.06.2026. The Bombay High Court allowed widow Sakshi Sandeep Navge's writ petition challenging the bank's foreclosure proceedings on her Mira Road flat. The petitioner's husband died in October 2024 during the 25th month of a ₹36.51 lakh home loan; the insurance policy death benefit of ₹32,42,074 should have cleared the outstanding loan, but the insurance company refunded only ₹1,20,565 premium. The Court found the bank's invocation of the Securitisation Act premature and granted interim relief: staying recovery proceedings, restraining physical possession of the flat, and directing the insurer to maintain status quo on the policy. This case analysis is maintained by casestatus.in based on publicly available court records.
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