Au Small Finance Bank Limited v. The District Magistrate / District Collector Karnal Haryana




    
     

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...Petitioner

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...Respondent

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Present:

Mr. Nitin Thatai, Advocate, for the petitioner. ***** & ,
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(/   1.

This writ petition has been filed for issuance of a writ in the nature of mandamus directing Respondents Nos. 1 to 3 enforce order dated 06.03.2026 (Annexure P)2) District Magistrate, Karnal filed by petitioner under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, 'the SARFAESI Act').

2.

Counsel for the petitioner submits that order dated 06.03.2026 (Annexure P)2) has been passed by the District Magistrate, Karnal under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, 'SARFAESI Act'). But despite of more than 1 month, physical possession of the secured asset has not been delivered.

3.

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

HARISH KUMAR 2026.04.29 10:40 I attest to the accuracy and authenticity of this order/judgment

CWP)12524)2026 (2) 4.

On asking, State counsel has put in appearance on behalf of respondents)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 order dated 06.03.2026 (Annexure P)2) 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. .& ,
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Whether speaking/reasoned Yes/No Whether reportable Yes/No HARISH KUMAR 2026.04.29 10:40 I attest to the accuracy and authenticity of this order/judgment