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2025 DAILYLAW 25980 (ALL)

PUNJAB NATIONAL BANK v. STATE OF U.P. AND 4 OTHERS

WRIC/6533/2025 · 2025-03-04

Siddhartha Varma, Y K Srivastava

body2025

Judgment text

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Court No. - 39 Case :- WRIT - C No. - 6533 of 2025 Petitioner :- Punjab National Bank Respondent :- State Of U.P. And 4 Others Counsel for Petitioner :- Krishna Mohan Asthana Counsel for Respondent :- C.S.C. Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J. 1. Learned counsel for the petitioner may correct the array of parties during the course of the day. 2. Heard Sri Krishna Mohan Asthana, learned counsel for the petitioner and learned Additional Chief Standing Counsel for the State-respondents. 3. This writ petition has been filed for a direction that Application bearing Case No.4641 of 2024, under Section 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 pending before the respondent no.3 i.e. Additional District Magistrate (F&R), Meerut, be decided expeditiously within a stipulated period of time. 4. Learned counsel for the State-respondents submits that all endeavour shall be made to decide the aforesaid application. 5. Without going into the merits of the case, it is directed that the Application bearing Case No.4641 of 2024, under Section 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 pending before the respondent no.3 i.e. Additional District Magistrate (F&R), Meerut, 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. 6. 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