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2025 DAILYLAW 25972 (ALL)

PNB HOUSING FINANCE LTD v. STATE OF U.P. AND 3 OTHERS

WRIC/6513/2025 · 2025-03-04

Siddhartha Varma, Y K Srivastava

body2025

Judgment text

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Court No. - 39 Case :- WRIT - C No. - 6513 of 2025 Petitioner :- Pnb Housing Finance Ltd Respondent :- State Of U.P. And 3 Others Counsel for Petitioner :- Madhur Prasad,Malay Prasad,Saloni Mathur,Tanya Makker Counsel for Respondent :- C.S.C. Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J. 1. Heard Sri Malay Prasad and Ms. Saloni Mathur, Advocates, learned counsel for the petitioner and learned Additional Chief Standing Counsel for the State-respondents. 2. This writ petition has been filed for a direction that Application bearing Case No. 4618 of 2024, under Section 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 pending before the Additional Chief Judicial Magistrate -I, Kanpur Nagar, be decided expeditiously within a stipulated period of time. 3. Learned counsel for the State-respondents submits that all endeavour shall be made to decide the aforesaid application. 4. Without going into the merits of the case, it is directed that the Application bearing Case No. 4618 of 2024, under Section 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 pending before the Additional Chief Judicial Magistrate -I, Kanpur Nagar, be decided within a period of one month from the date of presentation of a certified copy of the order unless there is any legal impediment. 5. In view of the aforesaid, writ petition stands disposed of. Order Date :- 5.3.2025 PK (Dr. Y.K. Srivastava,J.) (Siddhartha Varma,J.) Digitally signed by :- PRAVEEN KUMAR High Court of Judicature at Allahabad