AXIS BANK LTD. vs THE STATE OF MAHARASHTRA THRO. GOVT. PLEADER — WP/5959/2026

Case under Securitisation & Reconstruction of Finiancial Assets Act Section NA. Next hearing: 12th June 2026.

Next hearing 12-Jun-2026

CNR: HCBM010199812026

Filing Number

WP/11626/2026

Filing Date

20-Apr-2026

Registration No

WP/5959/2026

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.AXIS BANK LTD.

    Adv. Alok D Mishra

Respondent(s)

  1. 1.THE STATE OF MAHARASHTRA THRO. GOVT. PLEADER

Case History

  1. 12-Jun-2026

    Next hearingPending

  2. 12-Jun-2026

    For Compliance

    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/5959/2026 Outcome: Petition allowed with directions. The High Court of Bombay directed the Tehsildar, Thane to execute physical possession of Axis Bank's secured assets on 20th May, 2026, with mandatory police assistance from Ghansoli police station. The court emphasized that Securitisation Act orders must be executed promptly and warned that non-compliance would result in personal appearance of officials in court. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 05-May-2026

    First hearing

    Initial hearing scheduled

  5. 20-Apr-2026

    Case filed

    Registration No. WP/5959/2026

casestatus.in Summary

Case Summary: WP/5959/2026 Outcome: Petition allowed with directions. The High Court of Bombay directed the Tehsildar, Thane to execute physical possession of Axis Bank's secured assets on 20th May, 2026, with mandatory police assistance from Ghansoli police station. The court emphasized that Securitisation Act orders must be executed promptly and warned that non-compliance would result in personal appearance of officials in court. This case analysis is maintained by casestatus.in based on publicly available court records.

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