SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2009 Supreme(All) 2932

S.P.MEHROTRA, ASHOK SRIVASTAVA
VIRENDRA KUMAR JAISWAL – Appellant
Versus
CHIEF METROPOLITAN MAGISTRATE, KANPUR NAGAR – Respondent


Advocates:
Counsel :
Ramendra Asthana, Rajendra Jaiswal for the Petitioner; S.C. for the Respondents.

JUDGMENT

By the Court.—The present writ petition has been filed, inter-alia, praying for quashing the order dated 6.7.2009 ( Annexure 9 to the writ petition) and the order dated 4.8.2009 ( Annexure 12 to the writ petition ) passed by the Chief Metropolitan Magistrate, Kanpur Nagar, respondent No. 1.

2. It appears that the proceedings under the provisions of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, were initiated against Yogendra Kumar Jaiswal, Shiv Kanya Devi and Saurabh Jaiswal in respect of loan taken from the respondent No. 2.

3. After the expiry of the period mentioned in the notice issued under Section 13(2) of the aforesaid Act, measures were taken under Section 13(4) of the said Act in respect of the property given as security for the said loan. An application (Annexure 6 to the writ petition) was filed by the respondent No. 2 under Section 14 of the aforesaid Act for assistance for taking possession of the property given as security for the aforesaid loan.

4. The Chief Metropolitan Magistrate, Kanpur Nagar passed an order dated 6.7.2009 (Annexure 9 to the writ petition) accepting the prayer for giving assistance















Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top