# STATE BANK OF INDIA vs THE STATE OF MAHARASHTRA AND ORS.

Court: Bombay High Court
Date: 2026-05-08
Citation: APEAL/860/2023
Petitioner: STATE BANK OF INDIA
Respondent: THE STATE OF MAHARASHTRA AND ORS.

[Official PDF on Bombay High Court website](https://bombayhighcourt.gov.in/bhc/file/download/eyJpdiI6IjRYT1VWLzk0clpUeit3ekJ2SmRteXc9PSIsInZhbHVlIjoidDNScWgvdjdBYWZWWWw0eU5INHg1dTluL3dESnJPM3lNUXowMnVWbEFvSm5ocGZNZnRWY1lyWkhxU01pSThKeTBXM3p3UkJOaDhuY0dMUWJGNnFNQXc9PSIsIm1hYyI6IjNjMjViZTY1MzVmOGY5NTU1YTlhMzNhYTM1ODQ3OGE3NTQzM2MzZmI1Y2I5ZjhmYzY3MzFlMzdlYTA3MWUwMjUiLCJ0YWciOiIifQ==?expires=1782745556&signature=9ef57b938b412b295b7fc157b08e58beb4ab8a9640ed58bdc39d57e5e202ca94)

## Judgment text (excerpt)

sbw cri-apeal-860-2023 a.w 861-2023,J..doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO.860 OF 2023 State Bank of India ] a Body Corporate under the ] State Bank of India Act, 1955 ] having its Corporate Centre at ] Nariman Point, Madam Cama Road ] Mumbai and one of its branch at ] Stressed Assets Management Branch ] 2nd Floor, Office Complex Building ] LHO Campus, No.65, St. Marks Road, ] Bengaluru, represented through its ] Asst. General Manager and ] Case Lead Officer ] … Appellant V/s. 1. State of Maharashtra ] Through Economic Offences ] Wing, Unit V, 1st Floor, STF Building ] Azad Maidan Police Station ] Mumbai – 400 001. ] 2. The Competent Authority ] Appointed under the MPID Act ] Add. Collector, Old Custom House ] Fort, Mumbai – 400 001. ] 3. M/s. National Spot Exchange Ltd. ] 4th Floor, FT Tower, ] CTS No. 256 & 257, ] Suren Road, Chakala, ] Andheri (East), ] Mumbai – 400 093. ] 4. Mynah Industries Ltd. ] 1445, Vajras ] 28 Main South End Cross, ] Jayanagar, 9th Block, ] East Bangalore – 560 069. ] 5. M/s. Metkore Alloys & Industries Ltd. ] Plot No.18, ] Sagar Society, Road No.2, ] Banjara Hills, Hyderabad, ] AP – 500 034. ] 

https://niyam.ai/judgements/high-court/2026/may/state-bank-of-india-vs-the-state-of-maharashtra-and-ors-bombay-2