Genex Infratech Limted vs The State Of Maharashtra And Ors.

Case Significance

Genex Infratech Limted vs The State Of Maharashtra And Ors. is a Bombay High Court decision dated December 23, 2025 (citation: ik-70727188). Genex Infratech filed a criminal appeal under Section 11 of the Maharashtra Protection of Interest of Depositors Act (MPID Act) against an attachment order, with an interim application seeking condonation of a 7-year 213-day delay. The Court found the bar under Section 14 of the Limitation Act applied due to parallel proceedings before the Punjab High Court involving the same 'matter in issue' (property attachment). The delay was condoned and the interim application was made absolute. The bench comprised Justices Bharati Dangre and Shyam C. Chandak. The judgment was delivered by Justice Bharati Dangre. Counsel appearing: A.A. Kumbhakoni (counsel for appellant), Arvind Lakhawat (counsel for respondent), Avinash Avhad (counsel for respondent), Jalpa Shah (counsel for respondent), Lalit Joshi (counsel for appellant), Tanveer Khan (counsel for respondent).