Bombay High Court

ASREC(INDIA) LIMITEDversusSTATE OF MAHARASHTRA AND ORS.

Decided: 18 March 2026
Disposal: Allowed

Holding

The Court ordered the specific textual corrections and directed that the corrected judgment be uploaded.

Summary

The Bombay High Court, while hearing Criminal Appeal No.210 of 2026 filed by ASREC (India) Limited against the State of Maharashtra and others, directed specific textual corrections in its earlier judgment dated 18 March 2026. The Court ordered that references to "MSR Foods" be deleted and replaced with "Balaji Stake Rice Industries Limited and Balaji Stake Rice Industries" in two instances concerning the mortgaging of properties. The corrected sentence clarifies that the properties were mortgaged by borrowers in the accounts of the named rice companies, and that the mortgage pre‑dated the alleged crime of non‑refund of deposits. The Court further instructed that the corrected judgment be uploaded while leaving the remainder of the judgment unchanged. No substantive legal reasoning beyond the need for accurate record‑keeping was provided.

Issues considered

Whether the judgment requires correction of erroneous references to parties involved in the mortgage of properties

Subjects

judgment correction
errata
criminal appeal
mortgage
deposit refund
high court

Judgment

                                             NOB_APEAL_210_2026.DOC




                                                                 Prasad
        IN THE HIGH COURT OF JUDICATURE AT BOMBAY
              CRIMINAL APPELLATE JURISDICTION

              CRIMINAL APPEAL NO.210 OF 2026

ASREC (India) Limited                               …Applicant
      Versus
State Of Maharashtra and Ors.                       …Respondents


Mr. Prathmesh Kamat a/w Shashikant Chaudhri, for the Appellant.
Ms. Leena Patil, SPP for the Respondent Nos.1 and 2 - State.
Mr. Nimeet Sharma i/by MZM Legal LLP, for the Respondent No.5
      (NSEL).


                    CORAM:        R. M. JOSHI, J.
                    DATED:        26th MARCH, 2026.
PC:-


1.          Not on Board. Mentioned. Taken on Board for
speaking to the minutes of judgment dated 18th March, 2026.


2.          In paragraph No.3, in sentence “It is claimed by
Appellant that subject properties are mortgaged by MSR Foods and
such mortgage has been created much prior to the period of crime
wherein there is alleged non-refund of the deposits ”, the words
“MSR Foods” be deleted and after the words “ mortgaged by”,
following sentence be added “their borrowers in the accounts of
Balaji Stake rice Industries Limited and Balaji Stake rice
Industries.” After corrections, the corrected sentence shall read
thus:




                             Page 1 of 2
                           th
                         26 March, 2026.
                                              NOB_APEAL_210_2026.DOC




      “It is claimed by Appellant that subject properties are
mortgaged by their borrowers in the accounts of Balaji Stake rice
Industries Limited and Balaji Stake rice Industries and such
mortgage has been created much prior to the period of crime
wherein there is alleged non-refund of the deposits.”

3.             On page No.5 in 14th line of the aforesaid judgment,
the words “M/s MSR Foods” be corrected and replaced with the
words “Balaji Stake Rice Industries Limited and Balaji Stake Rice
Industries”.

4.             The aforesaid corrections be carried out and the
corrected judgment be uploaded.


5.             Rest of the judgment to remain unchanged.

                                                  (R. M. JOSHI, J.)
                                                                      {




                               Page 2 of 2
                              th
                            26 March, 2026.

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