Court Issues Show Cause Notice For Contempt Against Borrower For Using “Extra- Judicial Pressure”: Bombay High Court

In a recent development in the High Court of Judicature at Bombay, Writ Petition No. 3132 of 2024 has garnered attention due to a dispute over possession of a secured asset. The matter involves Cholamandalam Investment & Finance Company Ltd. as the petitioner and the State of Maharashtra along with other respondents. Case Overview: The case revolves around the possession of a secured asset, which was directed to be handed…