Authority: Calcutta High Court, M/L Sl-66 Ct.07 (Samar)
Order Date: 15 July 2026
Case Overview
- Petitioner: State Bank of India, represented by advocates Mr. Pijush Kanti Ray and Mr. Sourajit Mukherjee.
- Respondents: State of West Bengal and others, represented by Mr. Debasish Sutradhar and Ms. Sreetama Neogi.
- Nature of Proceeding: Writ Petition (WPA 15456 of 2026) alleging inaction by the District Magistrate, North 24 Parganas, in disposing of the petitioner’s application under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (the “2002 Act”).
- Key Dates & Background:
- Application under Section 14 filed on 28 June 2025.
- Petition claims the application remained pending for over a year.
- Respondents contend the application was heard on 13 July 2026, and the Bank was asked to submit documents clarifying the nature of the mortgage property.
- Procedural Note: Affidavit of service filed in Court on the day of the order was taken on record.
Final Outcome
- The Court, noting the prolonged pendency since 2025, disposes of WPA 15456 by directing the District Magistrate, North 24 Parganas, to dispose of the petitioner’s Section 14 application expeditiously, preferably within four weeks from the date of this order.
- No order as to costs was made.
- An urgent photostat certified copy of the order may be supplied to the parties, subject to compliance with all requisite formalities.
Topics: Banking Regulation, Court Order