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2025 DAILYLAW 94103 (PNJ)

JANA SMALL FINANCE BANK LTD v. STATE OF PUNJAB AND OTHERS

CWP/24845/2025 · 2025-09-15

Sanjiv Berry

body2025

Judgment text

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CWP-24845-2025 1 116 IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CWP-24845-2025 Date of decision: 15.09.2025 JANA SMALL FINANCE BANK LTD ....Petitioner Versus STATE OF PUNJAB AND OTHERS ...Respondents CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY ***** Present: Ms. Deepika Mittal, Advocate, for the petitioner. Mr. Salil Sabhlok, Sr. DAG, Punjab. ***** SHEEL NAGU, C.J. (Oral) 1. Present petition has been filed by the petitioner-Financial Institution alleging inaction on the part of CJM, Ludhiana in deciding application u/s 14 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short SARFAESI Act). 2. This Court vide order dated 26.08.2025 had sought report from the District and Sessions Judge, Ludhiana. 2.1 The report dated 08.09.2025 received from the District and Sessions Judge, Ludhiana reveals that the above-said application has been decided on 03.09.2025. 3. In view of above, present petition filed by the Financial Institution has become infructuous. 4. Accordingly, petition stands disposed of as having rendered infructuous. (SHEEL NAGU) CHIEF JUSTICE (SANJIV BERRY) 15.09.2025 JUDGE mohit goyal Whether speaking/reasoned : Yes / No Whether reportable : Yes / No MOHIT GOYAL 2025.09.17 13:52 I attest to the accuracy and integrity of this document