Edelweiss Asset Reconstruction Company Limited Through Its Authorised Representative v. State Of Haryana Through Its Chief Secretary

CWP-12342-2026 -1sdeIN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH (133) CWP-12342-2026 Date of decision:- 23.04.2026 EDELWEISS ASSET RECONSTRUCTION COMPANY LIMITED ... PETITIONER

VERSUS

STATE OF HARYANA AND OTHERS ... RESPONDENTS CORAM: HON'BLE MR. JUSTICE SUVIR SEHGAL HON'BLE MR. JUSTICE VIKAS SURI Present:- Mr. Manish Jain, Senior Advocate with Mr. Siddhant Jain, Advocate, Mr. Manan Jain, Advocate and Mr. Kashish Narang, Advocate for the petitioner.

**** SUVIR SEHGAL, J. (ORAL) 1.

This writ petition has been filed, inter-alia, for issuance of a writ, in the nature of mandamus, directing respondents No. 1 to 3 to assist in taking physical possession of the secured asset.

2.

Counsel for the petitioner submits that orders dated 19.12.2025 and 03.01.2026, Annexure P-3 (colly), have been passed by the Chief Judicial Magistrate, Gurugram under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, 'SARFAESI Act'). But despite a lapse of more than four months, physical possession of the secured asset has not been delivered. KAMAL SHARMA 2026.04.28 10:49 I attest to the accuracy and authenticity of this order/judgment.

High Court, Sector-1, Chandigarh.

CWP-12342-2026 -23.

Advance copy of the petition has been served upon the official respondents.

4.

On asking, Mr. Gaurav Bansal, DAG, Haryana has put in appearance on behalf of respondents No.1 to 3-state. He does not have any instructions. 5.

Having heard counsel for parties and keeping in view the observations of Division Benches of this Court in Bank of Maharashtra vs. District Magistrate, Hisar and others, 2024 (2) PLR 346, as well as in I IFL Home Finance Limited vs. State of Haryana and others, Law Finder Doc ID #2875322, writ petition is disposed of with a direction to competent authority to comply with orders dated 19.12.2025 and 03.01.2026, Annexures P-3 (Colly), to within a period of 60 days from the date of communication of the copy of this order, unless there is any legal impediment in doing so. (SUVIR SEHGAL) JUDGE ( VIKAS SURI ) JUDGE 23.04.2026 Kamal Whether Speaking/Reasoned Yes/No Whether Reportable Yes/No KAMAL SHARMA 2026.04.28 10:49 I attest to the accuracy and authenticity of this order/judgment.

High Court, Sector-1, Chandigarh.