ICICI Home Finance Order to Dispose SARFAESI

Authority: Calcutta High Court, Circuit Bench at Jalpaiguri

Order Date: 20 July 2025

Case Overview

• Petitioner: ICICI Home Finance Company Limited
• Respondents: The learned District Magistrate, Coochbehar & Others; later the Additional District Magistrate (General), Coochbehar was added as a party‑respondent.
• Case Number: WPA 902 of 2026 (filed as a writ petition).
• Nature of Proceeding: Petition seeking direction for the disposal of an application filed under Section 14 of the SARFAESI Act, 2002.
• Key Dates: Application under Section 14 dated 26 August 2025 (Case No. 29/25); hearing fixed for 20 July 2026 before ADM (G), Coochbehar; order issued on 20 July 2025.
• Advocates: For petitioner – Mr. Milindo Paul, Mr. Nabankur Paul, Ms. Bedashruti Bose; for the State – Mr. Kunaljit Bhattacharjee (AGP), Mr. Samar Rakshit.
• Procedural Note: Leave was granted to add ADM (G), Coochbehar as a respondent; no fresh service required as the State is represented by the AGP.

Final Outcome

• The writ petition is disposed of with the following direction: the Additional District Magistrate (General), Coochbehar must dispose of the SARFAESI Act Section 14 application dated 26 August 2025 (Case No. 29/25) by passing a reasoned order in accordance with law, observing the statutory time limit, and communicate the order to the petitioner immediately.
• The court’s observations are limited to procedural compliance; merits of the SARFAESI application were not addressed.

Topics: SARFAESI Act, Banking Regulation