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2026 Supreme(Online)(P&H) 2338

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
ICICI HOME FINANCE COMPANY LIMITED – Appellant
Versus
STATE OF HARYANA AND OTHERS – Respondent


IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CWP-2771-2026 Date of decision: 02.02.2026 ICICI HOME FINANCE COMPANY LIMITED ...PETITIONER Versus STATE OF HARYANA AND OTHERS ...RESPONDENTS CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY Present: - Mr. Rishabh Gupta, Advocate (arguing counsel)

Ms. Ankita Gupta, Advocate for the petitioner.

Mr. Neeraj Gupta, Addl. A.G. Haryana.

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, Sonipat, 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

06.10.2025.

1.1 It is informed that no SA is pending before the Debt Recovery Appellate Tribunal and Debt Reovery Tribunal.

2. It is stated in the application that the respondent-borrower(s) availed a loan facility of Rs.26,37,441/- from the petitioner-bank, and upon default in repayment, the account was classified as Non-Performing

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