Bombay High Court
THE MAHARASHTRA STATE CO OPERATIVE BANK LTD THROUGH ITS ASSISTANT MANAGER B D DESHMUKHversusKESHARBAI SHRIMANT THORAT AND ANOTHER
- Disposal
- DISPOSED OFF
Holding
The writ petition is disposed of as the settlement clears the loan and possession has been transferred.
Summary
The Maharashtra State Co-operative Bank Ltd filed a writ petition seeking relief concerning a loan and possession of a sugar factory. During the pendency of the petition, the parties reached a settlement under the One Time Settlement (OTS) scheme, clearing the entire loan amount. The bank handed over possession of the sugar factory, and the factory accepted all liabilities, including employer obligations. The petitioner submitted a letter and related documents confirming the settlement and possession. In view of these developments, the court disposed of the writ petition.
Issues considered
- What is the appropriate disposition of the writ petition after the parties have settled the loan and transferred possession?
Subjects
- settlement
- loan recovery
- possession
- One Time Settlement
- writ petition
- bank
- sugar factory
Judgment
2026:BHC-AUG:8984
1 of 1 966-WP.12746.2017
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD
966 WRIT PETITION NO. 12746 OF 2017
THE MAHARASHTRA STATE CO OPERATIVE BANK LTD THROUGH
ITS ASSISTANT MANAGER B D DESHMUKH
VERSUS
KESHARBAI SHRIMANT THORAT AND ANOTHER
...
Mr. Narendra D. Sonavane, Advocate for the Petitioner.
...
CORAM : SIDDHESHWAR S. THOMBRE, J.
DATE : 27th FEBRUARY, 2026
P.C.:-
1. Mr. Sonavane, learned Advocate for the Petitioner tenders the
letter issued by the Manager (OSD), Division of DIRR of the Petitioner
and submits that during the pendency of the writ petitions, after
handing over possession and in view of the settlement arrived at
between the parties, the entire loan amount has been cleared as per the
OTS scheme. He further submits that the possession of the sugar
factory has already been handed over and the sugar factory has
accepted all liabilities, including the liability of the employer.
2. In view of the aforesaid settlement and developments, the
present writ petition stands disposed of.
3. The communication dated 21.03.2025 tendered by the
Petitioner and the panchanama are taken on record and marked as
Exhibit “X-1” and Exhibit “X-2” respectively, for identification purposes.
(SIDDHESHWAR S. THOMBRE, J.)
Tauseef
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