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2026 DAILYLAW 10077 (ALL)

M/S CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED v. STATE OF U.P. AND 3 OTHERS

WRIC/39548/2026 · 2026-09-29

Prakash Padia, Vivek Saran

body2026

Judgment text

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HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 39548 of 2026 Court No. - 5 HON'BLE PRAKASH PADIA, J. HON'BLE VIVEK SARAN, J. 1. Heard learned counsel for the petitioner and learned Standing Counsel for the State-Respondents and perused the record. 2. The only prayer has been made by learned counsel for the petitioner is to direct the respondent no.2/District Magistrate, Firozabad to decide the application submitted by the petitioner under Section 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 expeditiously. 3. It is argued that though the application submitted by the petitioner under Section 14 of SARFAESI Act, 2002 was filed on 1.10.2026 before the respondent no.2/District Magistrate, Firozabad but till date no decision has been taken, hence the present writ petition. 4. On the other hand it is argued by the learned Standing Counsel that the respondent no.2/District Magistrate, Firozabad will decide the aforesaid case expeditiously. 5. In this view of the matter and in the interest of justice, the present petition is finally disposed of directing the respondent no.2/District Magistrate, Firozabad to decide the application filed by the petitioner under section 14 of the SARFAESI Act, 2002 expeditiously preferably within a period of two months from the date of production of certified copy of this order in accordance with law, provided there is no legal impediment. September 30, 2026 Gaurav Kuls Versus Counsel for Petitioner(s) : Ramesh Kumar Shukla Counsel for Respondent(s) : C.S.C. (Vivek Saran,J.) (Prakash Padia,J.) M/S Cholamandalam Investment And Finance Company Limited .....Petitioner(s) State Of U.P. And 3 Others .....Respondent(s) Digitally signed by :- GAURAV KULSHRESTHA High Court of Judicature at Allahabad