Cholamandalam Investment and Finance Company Limited v. the State of West Bengal and Ors.
Case brief
What is this about?
SARFAESI Act 2002 Section 14 application delay; financial institution's pending application kept beyond statutory outer limit; District Magistrate, Birbhum directed to dispose of pending Section 14 application within four weeks; writ petition disposed of, no costs; Cholamandalam Investment and Finance Company; High Court at Calcutta, Constitutional Writ Jurisdiction, Original Side; decided 05.02.2024 by Sabyasachi Bhattacharyya, J.
What did the court decide?
Direction to respondent no. 2 (District Magistrate, Birbhum) to dispose of the pending Section 14 SARFAESI application as expeditiously as possible, positively within four weeks from date; no order as to costs. ¶11