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Madras High CourtWP/4109/2015disposed of

M/S.Sundaram Bnp Paribas v. The District Magistrate/

2015-02-18Honourable Mr Justice M. Venugopal,Honourable Mr Justice Satish K. Agnihotri2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18-02-2015

CORAM:

THE HONOURABLE MR. JUSTICE SATISH K. AGNIHOTRI AND THE HONOURABLE MR. JUSTICE M. VENUGOPAL W.P.No.4109 of 2015 Sundaram BNP Paribas Home Finance Ltd.

Represented by its Authorised Officer N. Udayakumar 46 Whites Road SF Towers - I Floor Royapettah Chennai 600 014 ... Petitioner Vs.

The District Magistrate/ District Collector Thiruvallur District Thiruvallur ... Respondent Writ Petition filed under Article 226 of the Constitution of India seeking a writ of mandamus directing the respondent to consider and pass orders on the petition dated 15-07-2014 filed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

For petitioner :

Ms. M. Sneha For respondent :

Mr. P.S. Sivashanmugasundaram Special Government Pleader

ORDER

(Order of the Court was made by SATISH K. AGNIHOTRI, J.) The grievance of the petitioner is that the petitioner had filed a petition under the provisions of Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short "the SARFAESI Act") on 15-07-2014, https://hcservices.ecourts.gov.in/hcservices/

seeking assistance of the respondent for taking over possession of the secured asset in furtherance of exercise under Section 13(4) of the SARFAESI Act. However, the respondent has not taken any step so far when the object of the said provisions is to extend assistance to secure possession of the secured asset, at the earliest. 2.

The learned Special Government Pleader appearing for the respondent submits that a direction to that effect may be issued to the respondent.

3.

Accordingly, we direct the respondent to take up the matter and decide the same in accordance with law and on its own merits as expeditiously as possible, preferably, within a period of six weeks from the date of receipt of a copy of this order. 4.

The writ petition is disposed of accordingly. No costs. Sd/- Asst. Registrar /true copy/ Sub Asst. Registrar.

GLP To The District Magistrate/District Collector Thiruvallur District Thiruvallur +1cc to the Government Pleader, S.R.No.9224 W.P.No.4109 of 2015 RK(CO) CA(06/03/2015) https://hcservices.ecourts.gov.in/hcservices/