Authority: Hon'ble Court (Om Narayan Rai, J.)
Order Date: 13 August 2026
Case Overview
- Petitioners: Canara Bank (petitioner) versus The District Magistrate, Paschim Barddhaman & Ors., with State respondent and private respondent No. 5 represented.
- The writ petition (WPA 20060 of 2026) sought expeditious disposal of Canara Bank’s application under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, pending before the District Magistrate since 6 January 2022.
- The court heard counsel for all parties, noted the prolonged pendency, and considered the material on record.
Final Outcome
- The court directed the learned District Magistrate, Paschim Barddhaman, to dispose of the petitioner’s SARFAESI application as expeditiously as possible, preferably within one month from the date of communication of this order.
- The writ petition (WPA 20060 of 2026) is hereby disposed of. No costs awarded.
- An urgent photostat certified copy of this order, if applied for, shall be supplied to the parties subject to compliance with all requisite formalities.
Topics: Banking Regulation, SARFAESI Act