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Punjab National Bank Lko. Thru. Chief Manager / Authorized Officer Mr. Rajesh Kumar Yadav v. State of U.P. Thru. Prin. Secy. Home Civil Secrt. Lko. and Others

Disposed off/Decided on merits
Court
High Court of Judicature at Allahabad
Decided
18 October 2023
Bench
Vivek Chaudhary, Manish Kumar
Case no.
WRIC 9163/2023

Judgment

Court No. - 3 Case :- WRIT - C No. - 9163 of 2023 Petitioner :- Punjab National Bank Lko. Thru. Chief Manager / Authorized Officer Mr. Rajesh Kumar Yadav Respondent :- State Of U.P. Thru. Prin. Secy. Home Civil Secrt. Lko. And Others Counsel for Petitioner :- Syed Anzar Husain Counsel for Respondent :- C.S.C. Hon'ble Vivek Chaudhary,J. Hon'ble Manish Kumar,J.

¶1Petitioner has approached this Court claiming that their application under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 is pending before respondent no.2-Collector/District Magistrate, Lucknow.

¶2Collector/District Magistrate, Lucknow ought to have decided the application of the petitioner expeditiously, as per the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002.

¶3In view of the aforesaid, Collector/District Magistrate, Lucknow-respondent no.2 is directed to take a decision in the matter after hearing all the parties concerned and take the same to a logical conclusion within a period of two months in accordance with law.

¶4In view thereof, writ petition is disposed of. [Manish Kumar,J.] [Vivek Chaudhary,J.] Order Date :- 18.10.2023 Sachin High Court of Judicature at Allahabad, Lucknow Bench

Source: High Court of Judicature at Allahabad, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.