Authority: High Court of Odisha at Cuttack
Order Date: 25.09.2026
Case Overview
- Parties: DCB Bank Ltd., Bhubaneswar (Petitioner) vs. Chief Judicial Magistrate, Khurdha (Opposite Party).
- Nature of Proceeding: Writ petition (W.P.(C) No.30718 of 2026) seeking relief regarding the pendency of the bank’s application under Section 14 of the SARFAESI Act.
- Key Dates: Petition heard in hybrid mode; order issued on 25 September 2026.
- Observations & Reasoning: The Court noted the petitioner’s limited prayer concerning the delay in disposal of its SARFAESI application and decided to dispose of the writ petition at the admission stage.
- Directions Issued:
1. The Chief Judicial Magistrate, Khurdha, is directed to dispose of the petitioner’s Section 14 SARFAESI application within two months from the date of receipt of a certified copy of this order together with a copy of the writ petition.
2. An urgent certified copy of the order shall be issued on proper application to ensure timely compliance.
Final Outcome
- The writ petition is disposed of at the admission stage.
- The CJM, Khurdha, must adjudicate the pending SARFAESI application within the stipulated two‑month period, and an urgent certified copy of the order must be provided.
Topics: SARFAESI Act, Banking Enforcement, Judicial Direction