IIFL HOME FINANCE LIMITED v. STATE OF HARYANA AND OTHERS
CWP/9528/2025 · 2025-04-04
Anupinder Singh Grewal, Deepak Manchanda
body2025
DailyLaw.ai
[ 2025 DAILYLAW 42414 (PNJ) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 42414 (PNJ) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
104 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP No.9528 of 2025 (O&M) Date of Decision: 04.04.2025 IIFL HOME FINANCE LIMITED
.....Petitioner Versus STATE OF HARYANA AND OTHERS ........Respondents
CORAM : HON'BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON'BLE MR. JUSTICE DEEPAK MANCHANDA Present: Mr. Vineet Sehgal, Advocate for the petitioner. * * * * * ANUPINDER SINGH GREWAL, J. (Oral) The petitioner is seeking a direction to respondents No.3 to 5 to execute the order dated 12.12.2024 (Annexure P-5) passed under Section 14 of the SARFAESI Act, 2002 in a time bound manner.
2.
Learned counsel for the petitioner submits that although order under Section 14 of the SARFAESI Act, 2002, has been passed by the District Magistrate, Faridabad, but the petitioner has not been able to secure the physical possession of the secured assets.
3. Issue notice to respondents No.1 to 5 only at this stage.
4. At the asking of the Court, Mr. Anant Kataria, DAG, Haryana, accepts notice on behalf of respondents No.1 to 5.
5. Heard.
SANDEEP KUMAR 2025.04.04 12:57 I attest to the accuracy and integrity of this order/judgment.
CWP No.9528 of 2025 (O&M) --2--
6. In view of the limited prayer, the petition is disposed of with a direction to respondents No.3 to 5 to comply with the order dated 12.12.2024 to enable the petitioner to take possession of the secured assets in accordance with law expeditiously preferably within a period of two month from the date of receipt of certified copy of this order.
7. It is clarified that we are not expressing any opinion on the merits of the matter. This order shall have no bearing on adjudication by the competent Court/Tribunal.
(ANUPINDER SINGH GREWAL) JUDGE (DEEPAK MANCHANDA) JUDGE 04.04.2025 sandeep Whether Speaking/Reasoned : Yes/No Whether Reportable : Yes/No SANDEEP KUMAR 2025.04.04 12:57 I attest to the accuracy and integrity of this order/judgment.