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2026 DAILYLAW 4739 (ORI)

VARTHANA FINANCE PRIVATE LIMITED, BANGALORE v. THE CHIEF JUDICIAL MAGISTRATE, JAJPUR

WP(C)/3873/2026 · 2026-02-24

Chittaranjan Dash, Dixit K S

Writ Petition (Civil)body2026

Judgment text

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p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK W.P.(C) No.3873 of 2026 Varthana Finance Private Limited, Bangalore &. Petitioner Mr. A. Tripathy, Advocate -versus- The Chief Judicial Magistrate, Jajpur and Others &. Opp. Parties Mr. U.C. Behura, AGA CORAM: JUSTICE KRISHNA SHRIPAD DIXIT JUSTICE CHITTARANJAN DASH Order No. 01. ORDER 24.02.2026 The short grievance of the Petitioner is reflected in the prayer (a), which reads as under: <(a) Issue a writ of mandamus or any other appropriate writ, order or direction directing the Opposite Party No.l - the Chief Judicial Magistrate, Jajpur, to expeditiously consider and dispose of the application filed by the Petitioner under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, being MC No.68/2025, which has been pending since 13.08.2025, within a stipulated time period.= 2. Learned counsel for the Petitioner submits that long pendency of application before the CJM under Section 14 of the SARFAESI Act, 2002 runs contrary to the statutory policy and p. 2 therefore, a direction be issued for disposal thereof on a war footing. We agree. 3. Notice to other side is dispensed with, since we are passing only an order to pass an order and therefore, it is innocuous. In the above circumstances, writ petition is disposed off, requesting learned Chief Judicial Magistrate, Jajpur to dispose off the pending M.C. No.68/2025 within an outer limit of three weeks. All contentions in that regard kept open. Registry to send a copy of this order by speed post immediately to the learned CJM before sunset of the day. Web copy of this order to be acted upon by all concerned. (Krishna Shripad Dixit) Judge (Chittaranjan Dash) Judge Madhusmita