PYRAMID DEVELOPERS vs UNION INDIA THROUGH MINISTRY OF FINANCE

SNEHA ABHAY DIXIT 1. Union of India, ] Through Ministry of Finance, ] Having Office at Aaykar Bhavan, Mumbai. ] 2. Reserve Bank of India, ] Fort, Mumbai. ] 3. M.J. Shah Capital Private Limited, ] Having Office at Vile Parle, Mumbai. ] 4. State of Maharashtra, ] Through Office of the Government Pleader, ] High Court, Bombay. ] .. Respondents Mr. Prathamesh Kamat with Mr. Kayush Zaiwalla, i/by Ms. Sapana Rachure, Advocates for the Petitioner. Mr. Shreyas S. Deshpande, Advocate for Respondent No.1. Mr. Vijay Salokhe with Ms. Kirti Ojha and Mr. Ankit Upadhyay, Advocates, i/by BLAC & Co., for Respondent No.2. Mr. Ashok M. Saraogi with Mr. Prajot H. Jaggi and Ms. Daksha A. Parmar, Advocates for Respondent No.3. Smt. Anupama Pawar, Assistant Government Pleader for Respondent No.4. CORAM : A.S. CHANDURKAR & RAJESH S. PATIL, JJ The date on which the arguments were heard : 13TH DECEMBER, 2024. The date on which the Judgment is pronounced : 21st FEBRUARY, 2025. JUDGMENT : [ Per A.S. Chandurkar, J. ] 1. Rule. Rule made returnable forthwith and heard learned counsel for the parties. The petitioner, a Partnership Firm, registered under the Indian 1/10 OOCJ WP-4099-2024-Judgment.doc Dixit Partner