Tata Capital Housing Finance Ltd., Mumbai v. District Magistrate and Collector, Puri
Case brief
What is this about?
Orissa High Court single-judge disposal of writ petition by housing finance company (secured creditor) seeking possession of secured assets; Petitioner directed to approach District Magistrate & Collector, Puri for compliance formalities within 10 working days; DM & Collector, Puri to deliver possession of secured assets within 7 working days thereafter; concerns implementation of DM order dated 29.09.2023; no statutory provisions or case law engaged.
What did the court decide?
Directions issued: Petitioner to approach the District Magistrate & Collector, Puri and comply with all formalities within ten working days, whereafter the District Magistrate & Collector, Puri to take effective steps for delivery of possession of the secured assets to the Petitioner-secured creditor within seven working days thereafter. ¶24