IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-7214-2026 (O&M)

Date of decision : 11.03.2026 IIFL Home Finance Ltd. ...Petitioner Vs.

State of Haryana and others ...Respondents CORAM: HON’BLE MR. JUSTICE SUVIR SEHGAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Present: Mr. Vineet Sehgal, Advocate for the petitioner.

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DEEPAK MANCHANDA, J

1. This petition has been filed seeking a direction for enforcement/compliance of the order dated 23.06.2025 (Annexure P-3) passed by respondent No. 2, the District Magistrate, under Section 14 of the SARFAESI Act, 2002 (for short ‘the Act’) whereby physical possession of the secured assets was ordered to be handed over to the petitioner, but actual physical possession has not been delivered till date.

2. The facts emanating from the pleadings of this case are that the petitioner is a financial institution and a secured creditor under the SARFAESI Act, 2002. The borrower committed default in repayment of the secured debt, whereupon the petitioner initiated proceedings under the SARFAESI Act for enforcement of its security interest. For taking physical possession of the secured assets, the petitioner filed an application before respondent No.2 (Dist