Protium Finance Secured Creditor Gets Two‑Month Disposal

Authority: High Court of Odisha, Cuttack

Order Date: 09 November 2026

Case Overview

• Parties: Protium Finance Ltd., Maharashtra (Petitioner) vs. Reserve Bank of India, Mumbai & Others (Opposite Parties) under W.P.(C) No.25299 of 2026, CNR No. ODHC010595642026.
• Creditor Status: Petitioner is a registered secured creditor per Registration Certificate No.N-13.02374 dated 6 July 2022 (Annexure‑2).
• Prayer: Time‑bound disposal of the proceeding filed under Section 14 of the SARFAESI Act.
• Counsel: Mr. A.K.Pattnaik appeared for the petitioner.
• Bench: Justice B.P. Routray and Justice Savitri Ratho.

Final Outcome

• The writ petition is disposed of with a direction to the Judicial Magistrate, Khurda, to dispose of CRL Misc No.93 of 2026 within two months from receipt of the certified copy of this order and the writ petition.
• An urgent certified copy of this order shall be granted on proper application.

Topics: Court Order, SARFAESI Act, Secured Creditor