Authority: High Court of Odisha, Cuttack
Order Date: 28.10.2026
Case Overview
- Parties: Indian Bank, Cuttack (Petitioner) vs. State of Odisha & Ors. (Opposite Parties).
- Counsel: Mr. T. Sahu, Advocate for the petitioner.
- Bench: Justice B. P. Routray and Justice Savitri Ratho.
- Proceedings: Writ Petition (W.P.(C) No.29092 of 2026) filed by Indian Bank seeking relief under Section 14 of the SARFAESI Act concerning application CRLMC No.10 of 2026.
- Prayer: Limited relief sought by the petitioner.
Observations & Directions
- The Court noted the limited nature of the petitioner's prayer and disposed of the writ petition at the admission stage.
- The Court directed the learned Chief Judicial Magistrate, Kataka (O.P.No.2), to dispose of the petitioner’s SARFAESI Act application (CRLMC No.10 of 2026) in accordance with law within two months from the date of receipt of a certified copy of this order.
- An urgent certified copy of the order is to be granted on proper application.
Final Outcome
- The writ petition is dismissed.
- The Chief Judicial Magistrate, Kataka, must decide the SARFAESI application within the stipulated two‑month period.
- Provision for an urgent certified copy of the order.
Topics: Banking Regulation, SARFAESI Act