M/S. CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED AND ANR. v. STATE OF WEST BENGAL AND ORS.
WPA/16797/2026 · 2026-07-23
Om Narayan Rai
body2026
DailyLaw.ai
[ 2026 DAILYLAW 29938 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 29938 (CAL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
23.07.2026 Item No.02 (DL) Court No.7 AJ.
IN THE HIGH COURT AT CALCUTTA CONSTITUTIONAL WRIT JURISDICTION
W.P.A. 16797 of 2026
M/s. Cholamandalam Investment and Finance Company Limited & Anr.
-Vs- State of West Bengal & Ors.
Mr. Sayak Ranjan Ganguly, Ms. P. Musahib, Ms. Simrin Hussain. …for the petitioners. Mr. Siddhartha Goswami, Mr. Vaibhav Prakash. …for the State. Mr. Gaurav Dutta. for the respondent nos.2 to 6.
1. Affidavit of service filed in Court today is taken on record.
2. This writ petition seeks expeditious disposal of an application under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 which has been registered as Misc. Case No. 27 of 2024 before the learned Chief Judicial Magistrate, Asansol, Bardhaman.
3. The petitioner No. 1 claims to be a secured creditor under the SARFAESI Act.
4. Having heard the learned Advocates appearing for the respective parties and having considered the material-on-record, this writ petition is disposed of by requesting the
2 Chief Judicial Magistrate, Asansol, Bardhaman to dispose of the petitioners’ application under Section 14 of the 2002 Act which has been registered as Misc. Case No.27 of 2024 as expeditiously as possible and preferably within a period of one month from the date of communication of this order.
5. WPA 16797 of 2026 stands disposed of. There shall be no order as to costs.
6. Urgent photostat certified copy of this order, if applied for, be supplied to the parties subject to compliance with all requisite formalities.
(Om Narayan Rai, J.)