IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 113 SMFG INDIA HOME FIN DISTRICT MAGISTRATE CORAM: HON’BLE MR. JUSTICE ANUPINDER SINGH HON’BLE MR. JUSTICE Present: Mr. ANUPINDER SINGH GREWAL, J. (ORAL) The petitioner is seeking a direction to respondent and decide the A Section 14 of the Enforcement of Security Interest Act, 2002 ( ‘SARFAESI Act’ 2. Learned counsel f Section 14 of the same has not been adjudicated till date. No.1 be directed to 3. Issue notice to respondent 4. At the asking of the Court, Mr. Aftab Singh Khara, Senior Deputy Advocate General, Punjab, accepts notice on 5. Heard. IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-13325-2025 DATE OF DECISION: SMFG INDIA HOME FINANCE COMPANY LIMITED Versus DISTRICT MAGISTRATE, LUDHIANA AND OTHER HON’BLE MR. JUSTICE ANUPINDER SINGH HON’BLE MR. JUSTICE DEEPAK MANCHANDA Mr. Himendra Pal Singh, Advocate for the petitioner. ANUPINDER SINGH GREWAL, J. (ORAL) The petitioner is seeking a direction to respondent Application No.53/25 dated 31.12.2024 (Annexure P Section 14 of the Securitisation and Reconstruction of Financial Assets and nforcement of Security Interest Act, 2002 ( ’). Learned counsel for the petitioner submits that Section 14 of the SARFAESI Act had been preferred on 31.12 same has not been adjudicated till date. He, therefore, submits that No.1 be directed to decide the application in a time bound manner. Issue notice to respondent No.1 only at this stage. At the asking of the Court, Mr. Aftab Singh Khara, Senior Deputy Advocate General, Punjab, accepts notice on behalf of respondent Heard. IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 2025 DATE OF DECISION: 12.05.2025 ANCE COMPANY LIMITED … Petitioner (s) AND OTHERS ... Respondent(s) HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL DEEPAK MANCHANDA , Advocate for the petitioner. The petitioner is seeking a direction to respondent No.1 to consider No.53/25 dated 31.12.2024 (Annexure P-4) under Securitisation and Reconstruction of Financial Assets and nforcement of Security Interest Act, 2002 (hereinafter referred to as the or the petitioner submits that the application under preferred on 31.12.2024 but the He, therefore, submits that respondent in a time bound manner. only at this stage. At the asking of the Court, Mr. Aftab Singh Khara, Senior Deputy behalf of respondent No.1. ... Respondent(s) ider under Securitisation and Reconstruction of Financial Assets and to as the under .2024 but the respondent At the asking of the Court, Mr. Aftab Singh Khara, Senior Deputy SWARNJIT SINGH 2025.05.12 16:31 I attest to the accuracy and integrity of this document CWP-13325-2025 6. In view of the limited prayer, the petition is disposed of with a direction to respondent 31.12.2024 (Annexure P within a period of two months 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 h Court/Tribunal. 12.05.2025 SwarnjitS Whether speaking/reasoned Whether reportable 2025 In view of the limited prayer, the petition is disposed of with a direction to respondent No.1 to consider and decide 31.12.2024 (Annexure P-4) in accordance with law expeditiously preferably within a period of two months from the date of receipt of certified copy of this 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 (ANUPINDER SINGH GREWAL) (DEEPAK MANCHANDA Whether speaking/reasoned : Yes / No Whether reportable : Yes / No -2- In view of the limited prayer, the petition is disposed of with a consider and decide Application No.53/25 dated accordance with law expeditiously preferably within a period of two months from the date of receipt of certified copy of this It is clarified that we are not expressing any opinion on the merits of ave no bearing on adjudication by the competent (ANUPINDER SINGH GREWAL) JUDGE DEEPAK MANCHANDA) JUDGE Yes / No Yes / No In view of the limited prayer, the petition is disposed of with a No.53/25 dated accordance with law expeditiously preferably within a period of two months from the date of receipt of certified copy of this It is clarified that we are not expressing any opinion on the merits of ave no bearing on adjudication by the competent SWARNJIT SINGH 2025.05.12 16:31 I attest to the accuracy and integrity of this document