IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CWP-2297-2026 Date of decision: 29.01.2026 BANK OF BARODA ….PETITIONER Versus DISTRICT MAGISTRATE SAS NAGAR MOHALI AND ORS.

...RESPONDENTS CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY Present: - Mr. Inderpal Singh Parmar, Advocate for the petitioner.

Mr. Salil Sabhlok, Sr. DAG, Punjab.

S HEEL NAGU, C.J. (Oral)

1. The petitioner-bank is before this Court invoking writ as well as supervisory jurisdiction under Article 226/227 Constitution of India, being aggrieved by in-action on the part of District Magistrate, SAS Nagar (Mohali), to decide the application submitted by petitioner u/s 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (in short the SARFAESI Act) which is pending since 17.07.2025.

1.1 It is informed that OA 249 of 2024 before DRT-III, Chandigarh, is pending.

2. It is stated in the application that the respondent-borrower(s) availed a loan facility of Rs. 19,80,000 and Rs.2,00,000/- from the petitioner-bank, and upon default in repayment, the account was classified as Non-Performing Asset (NPA) whereafter demand notice dated 04.