{
  "id": 693366,
  "title": "Thane Sessions Court Quashes Criminal Process Against Finance Company In Illegal Mira Road Flat Demolition Case",
  "url": "https://urgent.news/2026/08/12/thane-sessions-court-quashes-criminal-process-against-finance-company",
  "topic": "world",
  "section": "World",
  "published": "2026-08-12T19:02:17.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/mumbai/thane-sessions-court-quashes-criminal-process-against-finance-company-in-illegal-mira-road-flat-demolition-case"
  },
  "original_language": "en",
  "account": "Thane Additional Sessions Court has overturned the criminal proceedings against Aavas Financiers Ltd following an illegal demolition of a Mira Road flat. The decision was made by Additional Sessions Judge R.S. Bhakare, who dismissed a revision application filed by the finance company. The court ruled that there was insufficient evidence to charge the company with offenses under Sections 406 and 420 of the Indian Penal Code (IPC) along with Section 34. The flat purchase dispute began when a complainant agreed to buy a flat from Samarth Builders and Developers for Rs 8.12 lakh. Aavas Financiers offered a housing loan of Rs 2,53,750 to the builder. However, the builder's building was later found to be illegal and demolished by the civic authorities. The complainant subsequently filed a criminal complaint accusing the finance company of cheating and criminal breach of trust. The court emphasized that summoning an accused in a criminal case is a serious matter and requires thorough examination of the record before issuing process.",
  "summary": "Thane, August 12, 2026: The Thane Additional Sessions Court has set aside a Magistrate’s order under which criminal process had been issued against Borivali-based Aavas Financiers Ltd in a case involving the purchase of a flat in Mira Road that was later demolished by the civic authorities after being declared illegal. The court, presided over by Additional Sessions Judge R.S. Bhakare, allowed…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}