KOTAK MAHINDRA BANK LIMITED vs THE STATE OF MAHARASHTRA THR GOVERNMENT PLEADER AND ORS

18-WP-9380-2024++F.DOCX Amol IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 9380 OF 2024 WITH WRIT PETITION NO. 9388 OF 2024 WITH WRIT PETITION NO.9385 OF 2024 Kotak Mahindra Bank Ltd …Petitioner Versus The State of Maharashtra thr. Government Pleader & Ors …Respondents WITH WRIT PETITION NO.1494 OF 2024 Anbit Finvest Pvt Ltd …Petitioner Versus Debit Recovery Tribunal-1 …Respondent WITH INTERIM APPLICATION NO. 12395 OF 2025 IN WRIT PETITION NO. 1494 OF 2024 Reliance Asset Reconstruction Company Ltd …Applicant AMOL PREMNATH Versus JADHAV 1. Heard learned Counsel for the parties. 2. We issue Rule in all these Petitions, given our order of 25 November 2025. 3. The learned Counsel state that substantially similar issues of law and facts arise in all these Petitions and therefore, they could be disposed of by a common judgment and order. 4. The learned Counsel for the Petitioners had submitted that the issue raised in these Petitions is squarely covered by the decision of the Hon’ble Supreme Court in the case of Lalit Kumar Jain Vs Union of India1. Therefore, by our order of 25 1 2021 9 SCC 321 18-WP-9380-2024++F.DOCX November 2025, we had poste