HIGH COURT OF GUJARAT
BIREN VAISHNAV, J
AU SMALL FINANCE BANK LIMITED – Appellant
Versus
STATE OF GUJARAT – Respondent
R/SPECIAL CIVIL APPLICATION NO. 18777 of 2019
| Table of Content |
|---|
| 1. timeliness for decisions on sarfaesi applications (Para 1 , 2) |
| 2. court's push for expedited decision-making (Para 4 , 5 , 6) |
| 3. instructions for adherence to statutory timelines (Para 7) |
| 4. petition disposed with directions (Para 8) |
ORDER
1. In this petition under Article 226 of the Constitution of India, the prayer of the petitioner is that the respondent Collector and District Magistrate is not deciding the application dated 25.02.2019 against the borrower Prakash Nathubhai Bangadi & Others filed under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (‘SARFAESI Act’ for short) though the statute specifies the particular time limit within which such application has to be decided.
2. Mr. Shah, learned counsel for the petitioner places reliance on the order passed by this Court on 05.09.2019 in Special Civil Application No.13486 of 2019 in which this Court has given specific direction to the Collector to take a decision within a stipulated time. The said order reads as under:
2. It is the case of the Bank that has filed an application under Section 14 of the SARFAESI Act before the respondent No.2 on 13.12.2018. 3. Mr.Dharmesh V. Shah, learned advocate for the petitioner relies on the provisions of Section 14 of the Act and submits that there is time bound schedule within which the respondent No.2 ought to have decide the application.
3.1 Mr.Dharmesh V. Shah, learned advocate for the petitioner further submits that though repeated requests have been made to respondent No.2 to decide such application, no such decision has been taken.
4. Reliance is also placed on an order passed by this Court on 10.4.2019 in the case of same petition where this Court after reproducing the relevant provisions of the Section, directed the respondent No.2 – Collector to decide the application filed by the petitioner as expeditiously as possible and not later than 30 days from the date of receipt of writ of this order.
5. Mr.Dharmesh V. Shah, learned advocate for the petitioner invites identical order in the present case.
6. In view of the order dated 10.4.2019 passed in Special Civil Application No.5309 of 2019, similar directions are issued as under:
7. On reading the provisions of Section 14 , it is clear that the Chief Metropolitan Magistrate or the District Magistrate before whom the application under Section 14 is filed, after satisfying the contents of the affidavit filed by the secured creditors has to pass appropriate orders for the purpose of taking possession of the secured asset within a period of 30 days from the date of application, and not later than 60 days. Hence, the respondent No.2 is hereby directed to adhere to the time limit prescribed in the said provisos and take appropriate decision on the application filed by the petitioner as expeditiously as possible and not later than 30 days from the date of receipt of this order.
8. Subject to the said direction, the petition is disposed of. Direct Service is permitted.”
3. Learned advocate for the petitioner further points out that even this Court on the earlier occasion has passed similar order in Special Civil Application No.5309 of 2019 where similar directions were issued.
4. Ms. Jyoti Bhatt learned Assistant Government Pleader appears on an advance copy and s
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