ORDER (ORAL)

Ali Mohammad Magrey, J.—By this Petition, the Petitioners have assailed the Order dated 16th of January, 2020 passed by the learned Chief Judicial Magistrate, Srinagar, on an application filed under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as ‘the Act’), whereby and whereunder the learned Chief Judicial Magistrate has appointed the Station House Officer of the concerned Police Station to take possession of the immoveable property/ secured asset, i.e., residential house with land underneath and appurtenant thereto measuring 01 Kanal and 14 ½ Marlas falling under Khasra No. 224 Min and 712 Min, Khata No. 22 Min and Khewat No. 12 Min situate at Azad Colony, 90 ft Road, Soura, Srinagar in Estate Awantabhawan, Tehsil and District Srinagar in the name of one Late Afroz Hussain Wani/ husband of the Petitioner No.1 herein and submit the report on the next date with prior information to the Authorized Officer of the Bank to remain present on spot on the scheduled date.

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