Authority: West Bengal High Court (Justice Om Narayan Rai)
Order Date: 08 September 2026
Case Overview
- Petitioner: UCO Bank, represented by Mr. Arijit Ghosh, Mr. Rahul Modak, and others.
- Respondents: State of West Bengal & Others, represented by Mr. Bibhasaditya Chakraborty, Ms. Anyasha Das, Mr. Sourav Sengupta, and others.
- Writ petition WPA 23145 of 2026 was filed to obtain expeditious disposal of an application filed in March 2026 under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
- The petitioner argued that the Additional Chief Judicial Magistrate at Barrackpore was taking longer due to a surge in Section 14 applications.
Final Outcome
- The Court, after hearing counsel, directed the Additional Chief Judicial Magistrate, Barrackpore, to dispose of the petitioner’s Section 14 application as expeditiously as the Court’s business permits.
- The writ petition was disposed of with no costs awarded.
- Parties may obtain an urgent photostat certified copy of the order, subject to compliance with all requisite formalities.
Topics: Banking Regulation, Section 14 Enforcement