Authority: Om Narayan Rai, J.
Order Date: 21 August 2026
Case Overview
- Petitioner: Canara Bank (represented by Mr. Shakrukh Raja, Mr. Subhadeep Basui, and Mr. Sundar Gopal Bhattacharya).
- Respondents: The State of West Bengal & Ors., represented by Mr. Piyas Chowdhury; no private respondents appeared.
- The writ petition (WPA 21765 of 2026) seeks expeditious disposal of an application filed under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
- The application has been pending before the District Magistrate, Purba Medinipur, since 30 April 2025.
- The petitioner argued that the prolonged delay necessitates a court‑ordered timeline for resolution.
Final Outcome
- The Court, after hearing counsel for both parties, disposes of the writ petition.
- The District Magistrate, Purba Medinipur, is directed to dispose of the petitioner’s Section 14 application as expeditiously as possible, preferably within one month from the date of communication of this order.
- No costs are awarded to either side.
- An urgent photostat certified copy of this order may be supplied to the parties, subject to compliance with all requisite formalities.
Topics: Legal Procedure, Banking Regulation, Securitization Act