Bombay High Court
ROZINA FIROZ HAJIANIversusUNION OF INDIA (THRU. MINISTRY OF CORPORATE AFFAIRS)
- Decided
- Disposal
- DISPOSED OFF
Holding
The Court granted an extension of time till 30 September 2026 for the DRT to dispose of the pending securitisation application.
Summary
Petitioners filed a praecipe seeking an extension of time for the Debt Recovery Tribunal (DRT) in Mumbai to dispose of a pending securitisation application. The High Court had earlier ordered the DRT to decide the matter by 15 May 2026, but the hearing remained pending. The Court considered the request and, noting the delay, granted the DRT an extension until 30 September 2026 to dispose of the application. No further extensions were permitted. The praecipe was thereafter disposed of.
Issues considered
- Whether the Debt Recovery Tribunal can be granted an extension of time to dispose of the pending securitisation application?
Subjects
- extension of time
- Debt Recovery Tribunal
- securitisation
- civil procedure
- writ petition
Judgment
P1_WPL5157_26.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION (L) NO.5157 OF 2026
Rozina Firoz Hajiani and others … Petitioners
Vs.
Union of India through Ministry of Corporate
Affairs and others … Respondents
Mr. Harsh Gutka for Petitioners.
Mr. Anup Khaitan for Respondent No.2-Bank.
Mr. Pratik Bakot i/b. Ms. Kruti Bhavsar for Respondent Nos.3 to 7.
CORAM : MANISH PITALE &
SHREERAM V. SHIRSAT, JJ.
DATE : AUGUST 04, 2026
P.C. :
. Not on Board. Mentioned by way of praecipe seeking extension
of time for the Debts Recovery Tribunal - I, Mumbai (DRT) to dispose
of the pending securitisation application.
2. By an order dated 18.03.2026, this Court had directed the pending
application to be disposed of on or before 15.05.2026. The learned
counsel for the parties inform this Court that the hearing is still pending
before the DRT.
3. In view of the above, the DRT is granted extension of time till
30.09.2026 to dispose of the pending securitisation application. No
MINAL by
Digitally signed
MINAL
SANDIP Date:
SANDIP PARAB
PARAB 2026.08.04
17:33:11 +0530
further extension of time will be granted.
4. The praecipe is disposed of.
(SHREERAM V. SHIRSAT, J.) (MANISH PITALE, J.)
Minal Parab 1/1
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