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2026 DAILYLAW 5883 (ORI)

DCB BANK LIMITED, MUMBAI v. DIST.MAGISTRATE AND COLLECTOR, PURI

WP(C)/8527/2026 · 2026-03-24

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.8527 of 2026 DCB Bank Limited, Mumbai …. Petitioner Represented by Adv.- Mr. R.C. Panigrahi, Adv. -versus- Dist. Magistrate and Collector, Puri & Ors. …. Opp. Parties Represented by Adv.- Mrs. Suman Pattanayak, AGA CORAM: JUSTICE KRISHNA SHRIPAD DIXIT JUSTICE CHITTARANJAN DASH ORDER 24.03.2026 Petition prayer reads as under: “Therefore, it is prayed that this Hon'ble Court may be pleased to issue RULE NlSSl calling upon the opposite parties to show cause as why the order dated 19.07.2024 and subsequent order dated 16.01.2026, passed by the learned District Magistrate & Collector, Puri, the OP No. 1, shall not be implemented,” 2. Already there is an order made under Section 14 of SARFAESI Act, 2002 on 19.07.2024 & its rectification order dated 16.01.2026, copies whereof avail at Annexure-2. The text of the orders is crystal clear and it leaves no scope for any interpretation. 3. Learned counsel for the Petitioner is rightly telling us that the object of the 2002 Act is to effect speediest recovery of public money from the debtor where it is outstanding. Therefore, he says, there is a dire need and there is also a Order No. 01. p. 2 statutory obligation to implement the said order on a war footing. We agree. In the above circumstances, Petition having been favoured, Writ of Mandamus issues to Opposite Party No.1 to implement Section 14 order mentioned above, within an outer limit of six (6) weeks without risking himself the contempt proceedings at the hands of the Court for non- implementation. Registry to send a copy of this order by speed post to Opposite Party Nos.1 to 3 for information and needful action on post haste. (Krishna Shripad Dixit) Judge (Chittaranjan Dash) Judge Prasant