Bombay High Court hears Writ Petition filed by Prime Downtown Estates Pvt Ltd. against Omkara Assets Reconstruction Company Pvt. Ltd. and others concerning SARFAESI Act, 2002. The petition challenges enforcement of security interest by asset reconstruction companies.

High Court: Bombay High Court Bench: BOMBAY
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Issue of Consideration

WRIT PETITION (L) NO. 4526 OF 2025

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Case Details

2025 LawText (BOM) (04) 101

WPL-4526-2025

2025-04-07

2025:BHC-OS:5979

Prime Downtown Estates Pvt Ltd.

1. Omkara Assets Reconstruction Company Pvt. Ltd., 2. Authorized Officer, Omkara Assets Reconstruction Company Pvt. Ltd., 3. JC Flowers Asset Reconstruction Pvt. Ltd., 4. Yes Bank Limited, 5. E-Commerce Magnum Solutions Ltd. (Through Resolution Professional), 6. Radius Infraholdings Private Limited

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Nature of Litigation

Writ Petition under Article 226 of the Constitution of India

Acts & Sections

  • Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002:
  • Companies Act, 1956:
  • Companies Act, 2013:
  • Banking Regulation Act, 1949:
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High Court Bombay High Court hears Writ Petition filed by Prime Downtown Estates Pvt Ltd. against Omkara Assets Reconstruction Company Pvt. Ltd. and others concerning SARFAESI Act, 2002. The petition challenges enforcement of security interest by asset reconstr...
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