Authority: High Court (Writ Petition), Judge Om Narayan Rai
Order Date: 15 July 2026
Case Overview
- Parties: Petitioner State Bank of India vs. State of West Bengal & Others.
- Petition filed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, alleging inaction by the District Magistrate, North 24 Parganas.
- The application was originally filed on 14 Oct 2025 and remained pending.
- Respondent State argued the matter is before the District Magistrate and will be heard shortly; also mentioned a pending Section 17 application before the Debt Recovery Tribunal (DRT) with no stay.
- Counsel for petitioner, Mr. Pijush Kanti Ray, asserted no stay exists in the DRT proceeding.
- Court considered the submissions and material on record.
Final Outcome
- The writ petition (WPA 15445/2026) is disposed.
- The District Magistrate, North 24 Parganas, is directed to dispose of the Section 14 application within four weeks from the order date.
- No order as to costs.
- Parties may obtain an urgent certified copy of the order upon compliance with formalities.
Topics: Court Order, Banking Insolvency, Securitisation Act