JETT 4 CONSTRUCTION PRIVATE LIMITED vs UNION OF INDIA (THRU. MINISTRY OF CORPORATE AFFAIRS) — HCBM20115442026

Case under Securitisation & Reconstruction of Finiancial Assets Act Section 226. Next hearing: 10th June 2026.

CNR: HCBM020115442026

Next Hearing

10th June 2026

Filing Number

WP/11544/2026

Filing Date

01-04-2026

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

Enforcement of Securities ( 102 )

Judicial Branch

Original

Acts & Sections

Securitisation & Reconstruction of Finiancial Assets Act Section 226

Petitioner(s)

JETT 4 CONSTRUCTION PRIVATE LIMITED

Adv. RMG Law Associates

Respondent(s)

UNION OF INDIA (THRU. MINISTRY OF CORPORATE AFFAIRS)

PUNJAB NATIONAL BANK

Adv. Intralegal

MARKAND ADHIKARI S/O LATE SH. NAVNITAL ADHIKARI

Hearing History

Judge: HON'BLE SHRI JUSTICE MANISH PITALE , HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT

15-04-2026

FRESH ADMISSION

10-06-2026

FOR ADMISSION

Orders

15-04-2026
HON'BLE SHRI JUSTICE MANISH PITALE,HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT

Summary: The Bombay High Court allowed the writ petition filed by Jett 4 Construction Private Limited (auction purchaser) and granted ad-interim stay of the DRT-I's status-quo order dated 17.02.2026. The court found that the respondent No.3's application was filed belatedly (February 2026) after the mortgagor had already failed to obtain interim relief since 2023, and directed that both related securitisation applications be consolidated and transferred to DRT-II for expedited hearing by 17.04.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The Bombay High Court allowed the writ petition filed by Jett 4 Construction Private Limited (auction purchaser) and granted ad-interim stay of the DRT-I's status-quo order dated 17.02.2026. The court found that the respondent No.3's application was filed belatedly (February 2026) after the mortgagor had already failed to obtain interim relief since 2023, and directed that both related securitisation applications be consolidated and transferred to DRT-II for expedited hearing by 17.04.2026. This case analysis is maintained by casestatus.in based on publicly available court records.

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