Tata Capital Housing Finance Ltd., Mumbai v. District Magistrate and Collector, Angul
Case brief
What is this about?
Keywords: Tata Capital Housing Finance Limited; Housing Finance Company; secured asset; secured creditor; District Magistrate & Collector, Angul; order dated 29.01.2025; implementation of DM order; delivery of possession; ten working days; seven working days; W.P.(C) No. 37327 of 2025; High Court of Orissa at Cuttack; disposed of; Dr. Sanjeeb K Panigrahi; Ramachandra Panigrahy Adv.; Gayatri Patra ASC. Summary: Single-judge writ petition disposed of with directions routing the Petitioner-Housing Finance Company to the District Magistrate & Collector, Angul for compliance with formalities within ten working days, followed by delivery of possession of the secured assets to the Petitioner-secured creditor within seven working days thereafter.
What did the court decide?
Direction to the Petitioner to approach the District Magistrate & Collector, Angul and comply with all formalities within ten working days; the District Magistrate & Collector, Angul to thereafter take effective steps for giving delivery of possession of the secured assets to the Petitioner-secured creditor within seven working days.