M/S MONESH TRADERS, THR. PROPRIETOR, MADHUSUDAN S/O PURUSHOTTAM AGRAWAL AND OTHERS vs STATE OF MAHARASHTRA, THR. MINISTRY OF FINANCE, MUMBAI AND ANOTHER — WP/2231/2026

Case under Banking Regulation Act Section 226. Disposed: Contested--DISPOSED OFF on 07th April 2026.

Case disposed Next hearing 31-Mar-2026

CNR: HCBM040091032026

Filing Number

WP/6265/2026

Filing Date

11-Mar-2026

Registration No

WP/2231/2026

Registration Date

12-Mar-2026

Judge

Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

Coram

Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

Bench Type

Division

Judicial Branch

Civil

Decision Date

07-Apr-2026

Nature of Disposal

Contested--DISPOSED OFF

Last updated 25-Apr-2026

Acts & Sections

Banking Regulation Act Section 226
Securitisation & Reconstruction of Finiancial Assets Act
Constitution of India

Petitioner(s)

  1. 1.M/S MONESH TRADERS, THR. PROPRIETOR, MADHUSUDAN S/O PURUSHOTTAM AGRAWAL AND OTHERS

    Adv. DEEP N. KARAMCHANDANI,NARENDRA KARAMCHANDANI,NARENDRA KARAMCHANDANI, M.M. AGRAWAL,NARENDRA KARAMCHANDANI

  2. 2.MADHUSUDAN S/O PURSHOTTAM AGRAWAL

  3. 3.MONESH S/O MADHUSUDAN AGRAWAL

Respondent(s)

  1. 1.STATE OF MAHARASHTRA, THR. MINISTRY OF FINANCE, MUMBAI AND ANOTHER

  2. 2.STATE BANK OF INDIA, NAGPUR, THR. AUTHORIZED OFFICER

Case History

  1. Case disposedDisposed

  2. 07-Apr-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

    Summary The Bombay High Court (Nagpur Bench) dismissed the writ petition filed by M/s Monesh Traders as infructuous. The petitioners, who sought an urgent interim order to stop the bank's possession of secured assets scheduled for March 12, 2026, failed to appear before the court on multiple occasions despite being given several opportunities, indicating the challenge had become moot. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 07-Apr-2026

    Fresh Admission (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  4. 31-Mar-2026

    —

  5. 26-Mar-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  6. 25-Mar-2026

    First hearing

    Initial hearing scheduled

  7. 18-Mar-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  8. 11-Mar-2026

    Case filed

    Registration No. WP/2231/2026

casestatus.in Summary

Summary The Bombay High Court (Nagpur Bench) dismissed the writ petition filed by M/s Monesh Traders as infructuous. The petitioners, who sought an urgent interim order to stop the bank's possession of secured assets scheduled for March 12, 2026, failed to appear before the court on multiple occasions despite being given several opportunities, indicating the challenge had become moot. This case analysis is maintained by casestatus.in based on publicly available court records.

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