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High Court of Punjab and HaryanaCWP/14300/2026disposed of

Smfg India Credit Company Ltd v. Sho Station House Officer And Others

2026-05-08Mr. Justice Vikas Suri,Mr. Justice Suvir Sehgal2 pages

1.

This writ petition has been filed inter alia for issuance of a writ in the nature of mandamus directing respondent No. 1 to provide assistance in handing over the physical possession of the secured asset. 2.

Counsel for the petitioner submits that order dated 11.02.2026 (Annexure P-4) has been passed by the Cheif Judicial Magistrate, SAS Nagar 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 lapse of 2 months, physical possession of the secured asset has not been delivered. 3.

Advance copy of the petition has been served upon the BRIJ MOHAN BHALLA 2026.05.11 14:57 I attest to the accuracy and authenticity of this order/judgment.

High Court, Sector-1, Chandigarh.

official respondents.

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 11.02.2026 (Annexure P-4) 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. BRIJ MOHAN BHALLA 2026.05.11 14:57 I attest to the accuracy and authenticity of this order/judgment.

High Court, Sector-1, Chandigarh.