Shri Smarak Mishra Son Of Suresh Kumar Mishra v. The Dist. Magistrate Cum Dist. Collector Pune And ANR

901.11457.18-wp.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION NO.11457/2018 Asset Reconstruction Co. of India Ltd.

... Petitioner V/s.

The District Magistrate, Pune & Anr.

... Respondents Mr. Vijay V. Chandavale for the Petitioner Mr. A. P. Vanarase, AGP for Respondent State.

CORAM:

K.K. TATED & N. J. JAMADAR, JJ.

DATED :

NOVEMBER 1, 2018 P.C. :

Heard. By this petition under Article 226 of the Constitution of India the Petitioner seeks direction against the Respondent to decide their Application u/s.14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 within a stipulated time.

The learned AGP for the Respondent submits that he received instructions from the concerned officer that if all office objections are removed by the Petitioner, they will decide those Applications within four weeks from the date of removal of all office objections. The statement is accepted. Basavraj G. Patil 1/2

901.11457.18-wp.doc In view of the statement made by the learned AGP, the Writ Petition stands disposed of with direction to the Respondent Authority to decide the Petitioner's Application u/s.14 of the said Act, as early as possible, but in any case within four weeks from the date of removal of office objections by the Petitioner. No order as to costs.

(N. J. JAMADAR, J.) (K. K. TATED, J.) Basavraj G. Patil 2/2