124 CWP-18450-2026 -1- IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CWP-18450-2026 Date of decision: 15.07.2026 Yes Bank Limited ….Petitioner. Versus State of Haryana and ors ....Respondents. CORAM: HON’BLE MR. JUSTICE JASGURPREET SINGH PURI HON’BLE MR. JUSTICE SANJIV BERRY Present:- Mr. Nakul Sharma, Advocate, for the petitioner. Ms. Rajni Gupta, Additional Advocate General, Haryana. ..… SANJIV BERRY, J 1. The present writ petition has been filed by petitioner Bank for direction to respondent No. 4/Tehsildar, Jhajjar, District Jhajjar, to comply with the order dated 20.01.2026 (Annexure P-3) passed by the District Magistrate, Jhajjar, under the provisions of Section 14 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act for brevity). 2. It is informed that no SA is pending before the Debt Recovery Appellate Tribunal and Debt Recovery Tribunal. 3. It is rather surprising that the District Magistrate-cum- Collector, Jhajjar, and the concerned Tehsildar, (Respondents No. 2 and 4) have failed to discharge their statutory duty of assisting and handing over physical possession of the secured asset to the petitioner Bank. PREETI 2026.07.16 09:09 I attest to the accuracy and integrity of this document 124 CWP-18450-2026 -2- 4. Non-Performing Assets (NPAs) are a huge burden on the public exchequer, banking and financial system, and, thus, prompt enforcement of recovery mechanism under the SARFAESI Act is paramount for liquidity in the system. 5. In view of the above, this court by way of writ of mandamus directs Respondents No. 2 and 4 to execute the order dated 20.01.2026 (Annexure P-3) passed under Section 14 of SARFAESI Act by handing over physical possession of the secured asset to the petitioner Bank as expeditiously as possible, preferably, within a period of 30 days. The petitioner bank, thereafter, can proceed to adopt all possible legitimate means to liquidate the secured asset to recover the due amount. 6. The petition for the time being stands disposed of in the terms aforesaid. Needless to say that the guidelines laid down by Coordinate Bench in Bank of Maharashtra Vs. District Magistrate, Hisar And Others [CWP-7018-2022 decided on 28.05.2024] be adhered to by the concerned authorities. 7. We hasten to add that this order shall however be subject to any restraint/ interim/ final order which may have been passed by any judicial forum, in favour of the borrowers/ guarantor/ any aggrieved person, who is party to this lis. 8. Respondent No. 4 is directed to file a compliance report before the Registry of this Court within 45 days from the date of passing of this order. The Registry shall ensure that, in case any PREETI 2026.07.16 09:09 I attest to the accuracy and integrity of this document 124 CWP-18450-2026 -3- deficiency is found in the compliance report so filed, the matter be placed before the appropriate Bench on the judicial side under IOIN category. 9. Needless to clarify that this order shall not come in way of any party aggrieved by any recourse/action taken under SARFAESI Act to avail appropriate remedy before DRT/DRAT as per law. (SANJIV BERRY) (JASGURPREET SINGH PURI) JUDGE JUDGE 15.07.2026 preeti i) Whether speaking/reasoned? Yes/No ii) Whether reportable? Yes/No PREETI 2026.07.16 09:09 I attest to the accuracy and integrity of this document