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Bombay High Court

MOTILAL OSWAL HOME FINANCE LTDversusSTATE OF MAHARASHTRA THROUGH SECRETARY AND ORS

Decided
Disposal
Disposed Off

Holding

The petition is disposed of as withdrawn.

Summary

Motilal Oswal Home Finance Ltd., a secured creditor, filed a writ petition in the Bombay High Court seeking relief against the State of Maharashtra. During the pendency of the petition, the petitioner informed the court that the loan account underlying the dispute had been closed. Consequently, the petitioner, through counsel, requested permission to withdraw the petition. The court considered the request and, finding no impediment, allowed the withdrawal. The writ petition and any pending applications were consequently disposed of as withdrawn.

Issues considered

  • Whether the petitioner may withdraw the writ petition after the subject loan account has been closed

Subjects

  • withdrawal of petition
  • secured creditor
  • civil appellate jurisdiction
  • writ petition
  • loan account closure

Judgment

                                                                                          905_WP_1697_25.doc



                                        IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                                CIVIL APPELLATE JURISDICTION
                                               WRIT PETITION NO. 1697 OF 2025

                             Motilal Oswal Home Finance Ltd.                       …      Petitioner
                                          vs.
                             The State of Maharashtra, Thr. Secretary & ors.       …      Respondents

                             Mr. Suraj Gupta, i/b. Mr. Padmakar Garad for petitioner.
                             Mr. S. P. Kamble, AGP for respondents – State authorities.

                                                               CORAM :       MANISH PITALE &
                                                                             SHREERAM V. SHIRSAT, JJ
                                                               DATE     :    08th SEPTEMBER, 2026
                             P.C. :


                             .        The learned counsel for the petitioner (secured creditor), on
                             instructions, seeks permission to withdraw the petition, as the subject
                             loan account itself has been closed.


                             2.       The writ petition is disposed of as withdrawn. Pending
                             applications, if any, also stand disposed of.




                             (SHREERAM V. SHIRSAT, J.)                           (MANISH PITALE, J.)




 Priya Kambli

          Digitally signed
          by PRIYA
PRIYA KAMBLI
KAMBLI Date:
       2026.09.08
          17:45:45 +0530

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