Indian Overseas Bank Seeks Expedited SARFAESI Hearing

Authority: Hon'ble Manoj Kumar Tiwari, Judge (Chief Judicial Magistrate Court, Dehradun)

Order Date: 07.10.2026

Case Overview

• Petitioner: Indian Overseas Bank filed writ petition WPMS/3111/2026.
• Respondents: Chief Judicial Magistrate and others (Dehradun).
• Petition seeks direction under Section 14 of the SARFAESI Act, 2002, concerning an application pending as Criminal Misc. Case No. 1611 of 2026 before the CJM, Dehradun.
• Advocate for petitioner: Mr. Siddharth Jain; Additional Chief Standing Counsel for Uttarakhand: Mr. Rakesh Singh Kunwar.
• The petitioner requested the court to expedite the hearing and decide the SARFAESI application promptly.

Final Outcome

• The writ petition is disposed of.
• The court directs the concerned court to endeavour to decide the pending SARFAESI application as early as possible, preferably within three months.

Topics: Legal, Banking Regulation