128

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

CWP-14633-2022

Date of Decision: 12.07.2022

AU Small Finance Bank Ltd.

. . . . Petitioner

Vs.

District Magistarte, Barnala and others

. . . . Respondents

CORAM: HON’BLE MR JUSTICE M.S. RAMACHANDRA RAO

HON’BLE MR. JUSTICE H.S. MADAAN

Present: -

Ms.Deepika Mittal, Advocate, for the petitioner.

M.S. RAMACHANDRA RAO, J. (ORAL)

Petitioner’s grievance is that it had filed an application under Section

14 of the Securitization and Reconstruction of Financial Assets and Enforcement

of Security Interest Act, 2002 [for short ‘the SARFAESI Act’] on 24.02.2022

before respondent No.1, but the same has not been disposed of by respondent

No.1 till date.

Notice of motion.

Mr.Pankaj Gupta, Addl. A.G. Punjab, accepts notice on behalf of

respondents and states that the matter is listed before respondent No.1 on

20.07.2022.

Having regard to the said submissions, respondent No.1 is directed to

pass orders on the application filed by the petitioner on 24.02.2022 under Section

14 of the SARFAESI Act within one month from 20.07.2022 i.e. the date fixed

before him/her, and communicate his/her decision to the petitioner.

Writ Petition is accordingly disposed of.

(M.S. RAMACHANDRA RAO)

JUDGE

(H.S. MADAAN)

12.07.2022

JUDGE

Vivek

Whether speaking/reasoned : Yes/No

Whether reportable

: Yes/No

VIVEK PAHWA

2022.07.13 12:19

I attest to the accuracy and

integrity of this document