MAHARASHTRA STATE FINANCIAL CORPORATION vs NIMBA JAGANNATH TAMBOLI AND ORS.

408.LPA.141.2011.DOC IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION LETTERS PATENT APPEAL NO.141 OF 2011 Maharashtra State Financial Corporation, a Corporation established under the State Financial Corporation Act, having its Head office at New Excelsior Building, 9th floor, Amrit Keshav Nayak Marg, Fort, Mumbai-400 001. Appellant versus Nimba Jagannath Tamboli, M-32, N-5/24/7, Swami Vivekanand Nagar, New CIDCO, Nashik-422 009. Respondent _______ Ms.Tanaya Patankar i/by Ms.NutanPatankar for Appellant. Mr.Vijay P.Vaidya with Mr.Mahendra Agvekar, Ms.Shraddha Chavan for the Respondent. _______ CORAM: G. S. KULKARNI & AARTI SATHE, JJ. Date of Reserving the Judgment : 11th December 2025 Date of Pronouncing the Judgment : 24th December 2025 JUDGMENT (Per : Aarti Sathe, J.) :- 1. This Letters Patent Appeal is directed against the judgment and order dated 1st March, 2011 (hereinafter referred to as `the impugned order’) passed by the learned Single Judge in Writ Petition No. 5752 of 1999 dismissing the Writ MANISH 2. Briefly the facts are:- i. The Appellant Corporation is incorporated under the State Financial Corporations Act, 1951 and is engaged in financing small