ADITYA BIRLA FINANCE LIMITED v. STATE OF U.P. AND ANOTHER
WRIC/1258/2025 · 2025-01-24
Siddhartha Varma, Y K Srivastava
body2025
DailyLaw.ai
[ 2025 DAILYLAW 7982 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 7982 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:12747-DB Court No. - 39 Case :- WRIT - C No. - 1258 of 2025 Petitioner :- Aditya Birla Finance Limited Respondent :- State of U.P. and Another Counsel for Petitioner :- Zeeshan Mazhar Counsel for Respondent :- C.S.C. Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J.
1. Heard Sri Zeeshan Mazhar, learned counsel for the petitioner and Sri Ambrish Shukla, learned Additional Chief Standing Counsel for the State-respondents.
2. This writ petition has been filed for a direction to respondent no.2 to comply with the statutory provisions of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and rules framed thereunder and forthwith decide the application of the petitioner filed under Section 14 of the SARFAESI Act 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 of the petitioner under Section 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 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 :- 24.1.2025 RKK/- (Dr Y K Srivastava, J) (Siddhartha Varma, J) Digitally signed by :- RAJ KUMAR KANNAUJIA High Court of Judicature at Allahabad