Authority: M/L Sl-42 Court, Samar
Order Date: 15 July 2026
Case Overview
- Parties: Aadhar Housing Finance Limited (petitioner) vs State of West Bengal & Others (respondents).
- The petitioner, asserting secured creditor status, sought relief for the pendency of its application under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, filed on 3 January 2024.
- The State’s counsel indicated that the application had been scheduled for hearing on the same day as the writ petition.
- An affidavit of service was filed, and the court noted the prolonged delay of the application.
Final Outcome
- The court directed the District Magistrate, South 24 Parganas, to dispose of the petitioner’s Section 14 application expeditiously, preferably within four weeks from the order date.
- The writ petition (WPA 14744 of 2026) was disposed of without any order as to costs.
- Parties may obtain an urgent certified copy of this order subject to compliance with all requisite formalities.
Topics: Secured Creditor Claim, Securitisation Act, Judicial Relief