PROSPERITY ASSET VIII LLP AND ORS vs STATE OF HARYANA AND ANR

118 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH **** CWP-13778-2026 (O&M) Date of Decision: 05.05.2026 Prosperity Asset VIII LLP and Others ...Petitioners Versus State of Haryana and Another ...Respondents CORAM:- HON'BLE MR. JUSTICE JAGMOHAN BANSAL Present:- None for the petitioners. Mr. Deepak Vashisht, DAG, Haryana. **** JAGMOHAN BANSAL, J. (ORAL) 1. The petitioners through instant petition under Articles 226/227 of the Constitution of India are seeking direction to respondent No.1-State of Haryana to recognize and give effect to their ownership and hypothecation rights and to process the transfer/update registration records of the vehicles. They are further seeking direction to respondent No.1 to decide their representation dated 16.03.2026. They are also seeking direction to respondent No.2-Regional Transport Officer, Gurugram, Haryana not to alter/transfer registration particulars in favour of third person during the pendency of this petition and to complete the necessary statutory action on priority basis. 2. The petitioners are engaged in the business of leasing movable assets to third parties for commercial use. They leased certain vehicles to Blu-Smart Mobility