Bombay High Court

DHANI LOANS AND SERVICES LTD(EARLIER KNOWN AS INDIABULLS CONSUMER FINANCE LTD AND IVL FINANCE LTD)versusARYAN ENTERPRISES

Decided: 14 March 2026
Disposal: WITHDRAWN
Bench: ARIF S DOCTOR NATIONAL LOK ADALAT

Holding

Leave to withdraw the execution application was granted, resulting in its disposal.

Summary

The applicant, Dhani Loans & Services Ltd (formerly Indiabulls Consumer Finance Ltd and IVL Finance Ltd), filed an execution application before the National Lok Adalat of the Bombay High Court. The applicant’s counsel, Ms. Meghana Milind Murudkar appearing on behalf of Adv. Vidhi Ajaykumar Shah, sought leave to withdraw the execution application on the ground that the matter had been settled between the parties. The Court, after hearing the request, granted leave to withdraw the application. Consequently, the execution application and any interlocutory applications pending therein were ordered to stand disposed. The Court also directed the refund of any court fees as per the applicable rules.

Issues considered

Whether the Court may grant leave to withdraw an execution application filed before the National Lok Adalat

Subjects

execution
withdrawal
National Lok Adalat
procedural order
court fee refund

Judgment

                                          1/2               14-EXA-788-2023 (OS).DOC



                IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                       BEFORE THE NATIONAL LOK ADALAT
                    ORDINARY ORIGINAL CIVIL JURISDICTION
                   EXECUTION APPLICATION NO. 788 OF 2023

Dhani Loans And Services Ltd (earlier
Known As Indiabulls Consumer
Finance Ltd And Ivl Finance Ltd)                                          ...Applicant
      Versus
Aryan Enterprises                                                         ...Respondent
                                      _______
Ms. Meghana Milind Murudkar i/b. Adv. Vidhi Ajaykumar Shah for Applicant.
Mr. Deepak Devidas Bansode authorised representative of Applicant Company
present in Court (Dhani Loans & Services Ltd.)
                                      _______

                                   CORAM :          ARIF S. DOCTOR, J.,
                                                    HEAD OF THE PANEL


                                                    M. S. KULKARNI, REGISTRAR
                                                    (PERSONNEL), MEMBER


                                                    S. S. CHOPDA,
                                                    DEPUTY REGISTRAR, MEMBER


                                   DATE         :   14th MARCH, 2026
P.C.
1.      This matter is listed before National Lok Adalat.

2.      The learned counsel for the Applicant, on instructions, seeks leave to

withdraw the Execution Application as the matter has been settled.

3.      Leave to withdraw is granted.

4.      In view of disposal of the Execution Application, Interlocutory

Applications, if any, shall stand disposed of.




Mandar M.
                                          2/2         14-EXA-788-2023 (OS).DOC



5.      Refund of Court fess, if any, as per rules.




(S. S. CHOPDA)                 (M. S. KULKARNI)         ( ARIF S. DOCTOR, J.)
(Deputy Registrar)            Registrar (Personnel)      (Head of the Panel)




Mandar M.

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Meghana Milind Murudkar