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2025 Supreme(Online)(Mad) 43634
IN THE HIGH COURT OF JUDICATURE AT MADRAS
S.M. SUBRAMANIAM, A.D.MARIA CLETE, JJ
Aachiyammal – Appellant
Versus
The Authorized Officer, M/s.HDB Financial Services Limited – Respondent
W.P(MD)No.18697 of 2025 | W.M.P.(MD) Nos.14329 and 14330 of 2025
Advocates:
For the Appellants/Petitioners: Mr.R.Maheswaran
For the Respondents:
For the Appellants/Petitioners: Mr.R.Maheswaran
For the Respondents:
The order under Section 14 of the Securitisation Act is appealable under Section 17, granting remedy at the Debts Recovery Tribunal.
Headnote:The Writ Petition challenges the order passed by the Chief Judicial Magistrate under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The Court determined that the order is appealable under Section 17 of the Act, allowing the petitioner to seek remedy at the Debts Recovery Tribunal. The petition was disposed of with no order as to costs.
[Order of the Court was made by S.M.SUBRAMANIAM, J.]
The order passed by the Chief Judicial Magistrate, Thanjavur at Kumbakonam in Cr.M.P.No.1193/2024, dated 20.01.2025 is under challenge in the present writ proceedings.
2. The Chief Judicial Magistrate passed an order under Section
