SUSHRUT ARVIND DHARMADHIKARI, PRANAY VERMA
Equitas Small Finance Bank Limited – Appellant
Versus
State of Madhya Pradesh – Respondent
ORDER
1. Heard on the question of admission and interim relief. The instant writ petition under Article 226/227 of the Constitution of India has been filed by the petitioner being aggrieved by the inaction of Chief Judicial Magistrate, Khargone who is sitting tight over the application filed by the petitioner u/S 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(referred to as”SARFAESI Act” hereinafter) praying for the following relief :
“It is therefore prayed that for the peculiar facts contained herein and ground raised, the learned Chief Judicial Magistrate be directed to register the cases as listed in Annexure P-5 and dispose of then same within 30 days as prescribed in law.”
2. Brief facts of the case are that the petitioner is a banking company involved in the business of advancing housing loans to its customers.The petitioner had filed an application u/S 14 of the SARFAESI Act before the Chief Judicial Magistrate, Khargone [referred to as CJM, Khargone” hereinafter]against one Mr. Badruddin & ors in the month
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