Iifl Home Finance Ltd. (Formerly Known as India Infoline Housing Finance Limited) v. State of Gujarat
Case brief
What is this about?
The Gujarat High Court, in a Special Civil Appeal, directed the District Magistrate to decide a Miscellaneous Application filed under Section 14 of the SARFAESI Act expeditiously. The Court fixed a mandatory timeline of 30 days from the receipt of the order for the decision to be passed by the District Magistrate after satisfying the secured creditor's affidavit contents.
What did the court decide?
The Respondent-District Magistrate is directed to decide the Miscellaneous Application within 30 days from the date of receipt of this order or not later than 60 days.