✦ High Court of India · 03 Sep 2025

Baba Market, Dcm, Ajemr Road, Near Bank Of Maharastra v. Ganpati Packaging Industries, Having Its Registered

Case Details High Court of India · 03 Sep 2025
Court
High Court of India
Decided
03 Sep 2025
Bench
Not available
Length
1,182 words

Judgment

1. Ganpati Packaging Industries, Having Its Registered Address At S-33-34, Shanti Niketan, Vivek Vihar, New Sanganer Road, Jaipur-302019-(Rajasthan), India, Through Authorized Signatory Shri Rajesh Gupta.

2. Au Small Finance Bank Limited, Through Its Branch Manager, 19-A, Dhuleshwar Garden, Ajmer Road, Jaipur - 302001 (Rajasthan)

3. Kisetsu Saison Finance (India) Private Limited, Through

Its Branch Manager, Indiqube Lexington, Tower, First Floor, Taverakere Main Road, S.g. Palya Bangalore, Karnataka, India 560 029

4. Ugro Capital Limited, Through Its Branch Manager, Equinox Business Park, Tower 3, 4Th Floor, Off Bkc, Lbs Road, Kurla, Mumbai - 400 070

5. Smfg India Credit Co. Limited, Through Its Branch Manager, 10Th Floor, Office No. 101, 102 And 103, 2 North Avenue, Maker Maxity, Bandra (E), Mumbai - 400 051

6. Aditya Birla Finance Limited, Through Its Branch Manager, One Indiabulls Centre, Tower 1, 18Th Floor, Jupiter Mill Compound 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013

7. Hdfc Bank Limited, Through Its Branch Manager, Hdfc Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013

8. Small Industries Development Bank Of India, Through Its [2025:RJ-JP:35378-DB] (2 of 5) [SAW-798/2025] Branch Manager, Sidbi Tower, 15, Ashok Marg, Lucknow - 226 001, Uttar Pradesh

9. Protium Finance Limited, Through Its Branch Manager, Nirlon Knowledge Park (Nkp) B2, Seventh Floor, Pahadi Village, Office The Western Express Highway, Cama Industrial Estate, Goregaon (E), Mumbai, Maharashtra - 400063

10. Netzero Finance Private Limited, (Formally Known As Aarem Finance Private Limited) Through Its Branch Manager, R City Offices, 8Th Floor, Lbs Marg, Ghatkopar (West), Mumbai - 400 086

11. Reserve Bank Of India, Through Governor , Shahid Bhagat Singh Road , Fort, Mumbai - 400 001

12. The Union Of India, Department Of Financial Services ,ministry Of Finance , Represented By Secretary, Department Of Financial Services, Ministry Of Finance, 3Rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi - 110 001

13. Ministry Of Micro Small And Medium Enterprises, Represented By Secretary, Udhyog Bhawan, Rafi Marg, New Delhi ----Respondents Connected With D.B. Special Appeal (Writ) No. 761/2025 In S.B. Civil Writ Petition No.5589/2025 Ugro Capital Limited, Through Its Branch Manager, Equinox Business Park, Tower 3, 4Th Floor, Off Bkc, LBS Road, Kurla, Mumbai - 400 070 And Branch Office At K-14, IBC Tower, Ashok Nagar, C-Scheme, Jaipur, Rajasthan Versus ----Appellant

1. M/s Pinkcity Packaging Pvt. Ltd, Having Its Registered Address At S-34, Shopping Centre, Vivek Vihar, New Sanganer Road, Jaipur-302019-(Rajasthan), India, Through Authorized Signatory Shree Rajesh Gupta.

2. Unity Small Finance Bank, Through Its Branch Manager, 2Nd Floor, Vinay Bhavya Complex, Cst Road, Kalina, [2025:RJ-JP:35378-DB] (3 of 5) [SAW-798/2025] Santacruz (East) Mumbai - 400098

3. Neogrowth Credit Private Ltd., Through Its Branch Manager, Times Square, Tower E, 9Th Floor, Andheri East - 400059

4. IIFL Finance Limited, Through Its Branch Manager, Iifl House, Sun Infotech Park, Road No. 16 V, Plot No. B-23, Midc, Thane Industrial Area, Wagle Estate, Thane West , Maharashtra - 400604

5. Clix Capital Services Private Limited, Through Its Branch Manager, Plot No. 23, 5Th Floor, Govind Lal Sikka Marg, Rajendra Place, New Delhi - 110008

6. Indifi Technologies Private Limited, Through Its Branch Manager, Block - C, Ground Floor, Sewa Tower Plot 19, Phase 4, Udyog Vihar, Sector 18, Gurugram - 122015

7. Small Industries Development Bank Of India, Through Its Branch Manager, Sidbi Tower, 15, Ashok Marg, Lucknow - 226 001, Uttar Pradesh

8. Axis Bank Limited, Through Its Branch Manager, Trishul, 3Rd Floor, Opp. Samartheshwar Temple, Near Law Garden, Ellisbridge, Ahemdabad - 380006

9. HDFC Bank Limited, Through Its Branch Manager, Hdfc Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013

10. Reserve Bank Of India, Through Governor , Shahid Bhagat Singh Road , Fort, Mumbai - 400 001

11. The Union Of India, Department Of Financial Services ,ministry Of Finance , Represented By Secretary , Department Of Financial Services, Ministry Of Finance, 3Rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi -110 001

12. Ministry Of Micro Small And Medium Enterprises, Represented By The Secretary, Udhyog Bhawan, Rafi Marg, New Delhi, Delhi -110 001 ----Respondents D.B. Special Appeal (Writ) No. 763/2025 In S.B. Civil Writ Petition No.5588/2025 [2025:RJ-JP:35378-DB] (4 of 5) [SAW-798/2025] Ugro Capital Limited, Through Its Branch Manager, Equinox Business Park, Tower 3, 4Th Floor, Off Bkc, Lbs Road, Kurla, Mumbai - 400 070 And Branch Office At K-14, Ibc Tower, Ashok Nagar, C-Scheme, Jaipur, Rajasthan Versus ----Appellant

1. Ganpati Packaging Industries, Having Its Registered Address At S-33-34, Shanti Niketan, Vivek Vihar, New Sanganer Road, Jaipur-302019-(Rajasthan), India, Through Authorized Signatory Shri Rajesh Gupta.

2. Au Small Finance Bank Limited, Through Its Branch Manager, 19-A, Dhuleshwar Garden, Ajmer Road, Jaipur - 302001 (Rajasthan)

3. Kisetsu Saison Finance (India) Private Limited, Through Its Branch Manager, Indiqube Lexington Tower, First Floor, Taverakere Main Road, S.g. Palya Bangalore, Karnataka, India 560 029

4. Smfg India Credit Co. Limited, Through Its Branch Manager, 10Th Floor, Office No. 101, 102 And 103, 2 North Avenue, Maker Maxity, Bandra (E), Mumbai - 400051

5. Aditya Birla Finance Limited, Through Its Branch Manager, One Indiabulls Centre, Tower 1, 18Th Floor, Jupiter Mill Compound 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013

6. HDFC Bank Limited, Through Its Branch Manager, Hdfc Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013

7. Small Industries Development Bank Of India, Through Its Branch Manager, Sidbi Tower, 15, Ashok Marg, Lucknow - 226 001, Uttar Pradesh

8. Protium Finance Limited, Through Its Branch Manager, Nirlon Knowledge Park (Nkp) B2, Seventh Floor, Pahadi Village, Office The Western Express Highway, Cama Industrial Estate, Goregaon (E), Mumbai, Maharashtra - 400063

9. Netzero Finance Private Limited, (Formally Known As Aarem Finance Private Limited) Through Its Branch Manager, R City Offices, 8Th Floor, Lbs Marg, Ghatkopar [2025:RJ-JP:35378-DB] (5 of 5) [SAW-798/2025] (West), Mumbai - 400 086

10. Electronica Finance Limited, Through Its Branch Manager, Audumbar, 101/1, Erandawane, Dr. Ketkar Road, Pune 411 004

11. Reserve Bank Of India, Through Governor , Shahid Bhagat Singh Road , Fort, Mumbai - 400 001

12. The Union Of India, Department Of Financial Services ,ministry Of Finance , Represented By Secretary, Department Of Financial Services, Ministry Of Finance, 3Rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi - 110 001

13. Ministry Of Micro Small And Medium Enterprises, Represented By Secretary, Udhyogbhawan, Rafi Marg, New Delhi ----Respondents For Appellant(s) : Mr. Alam Sahni, Adv. for Mr. Peush Nag, Adv. For Respondent(s) : Mr. Pranav Bhansali, Adv. HON'BLE MR. JUSTICE SANJEEV PRAKASH SHARMA HON'BLE MR. JUSTICE SANJEET PUROHIT 03/09/2025 Order Learned counsel for the appellant(s) wants to withdraw these D.B. Special Appeal (Writs). These D.B. Special Appeal (Writs) are dismissed as withdrawn. Pending application(s), if any, stand(s) disposed of. (SANJEET PUROHIT),J (SANJEEV PRAKASH SHARMA),J AVINASH GULERIA /200-202

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