The High Court may direct the Debts Recovery Tribunal to expedite the disposal of a pending securitization application when parties seek an early resolution of enforcement actions under the SARFAESI Act, without prejudice to the merits of the case.

For Petitioner : Mr.Ali Hassan Khan ORDER (Order of the Court was made by G.R.SWAMINATHAN, J.)

Heard the learned counsel for the petitioner.

2. Even though the writ petitioner has challenged the order passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, (for short, ‘the Act’), learned counsel submits that the petitioner would be satisfied if this Court directs the Debts Recovery Tribunal-III, Chennai, to dispose of S.A.No.209 of 2022, filed by the petitioner against the action taken under Section 13(4) of the Act.

3. In view of the said submission, we dispose of this writ petition by directing Debts Recovery Tribunal No.III to dispose of S.A.No.209 of 2022, on merits and in accordance with law on or before 31.08.2026.

4. It is open to the petitioner to file an advance hearing petition before the Debts Recovery Tribunal. If the petitioner has filed any amendment petition, the same may be numbered and disposed of in accordance with law.

5. We make it clear that we have not expressed any opinion on the merits of the case. There will be no order as to costs. WMP Nos.22434 and 22436 of 2026 stand closed.