SAKSHI SANDEEP NAVGE vs SARASWAT CO-OPERATIVE BANK LTD. — WP/5902/2026

Case under Securitisation & Reconstruction of Finiancial Assets Act Section NA. Status: High On Board -. Next hearing: 23rd June 2026.

High On Board - Next hearing 23-Jun-2026 this date has passed

CNR: HCBM010156942026

Filing Number

WP/9084/2026

Filing Date

30-Mar-2026

Registration No

WP/5902/2026

Registration Date

29-Apr-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

Last updated 11-Jun-2026

Acts & Sections

Securitisation & Reconstruction of Finiancial Assets Act Section NA

Petitioner(s)

  1. 1.SAKSHI SANDEEP NAVGE

    Adv. Amresh sharma

Respondent(s)

  1. 1.SARASWAT CO-OPERATIVE BANK LTD.

  2. 2.FUTURE GENERALI INDIA LIFE INSURANCE COMPANY LTD.

Case History

  1. 23-Jun-2026

    Next hearingPending

  2. 23-Jun-2026

    High On Board -

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

  3. 05-May-2026

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

    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.

  4. 05-May-2026

    First hearing

    Initial hearing scheduled

  5. 30-Mar-2026

    Case filed

    Registration No. WP/5902/2026

casestatus.in Summary

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.

Explore other courts

District Courts Supreme Court
Search Another Case