Hdfc Bank Limited v. State of U.P. and 4 Others

Court No. - 3 Case :- WRIT - C No. - 31238 of 2023 Petitioner :- Hdfc Bank Limited Respondent :- State Of U.P. And 4 Others Counsel for Petitioner :- Adarsh Bhushan Counsel for Respondent :- CSC Hon'ble Siddhartha Varma,J. Hon'ble Manoj Bajaj,J. This writ petition has been file with the following prayer:- "I). issue a writ, order or direction in the nature of mandamus commanding the respondent no. 2/ District Magistrate, Mathura to decide the application dated 22.11.2021 bearing case no. 279 of 2022 titled as (HDFC Bank vs. M/s Amcon Engineers and others) preferred by the petitioner Bank, under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, within a specified time as may be directed by this hon'ble Court. II) issue such other appropriate writ, order or direction in the nature of writ, which this Hon'ble Court may deem fit and proper in the circumstances of the case to which the petitioners be entitled under law; and III) award costs to the petitioners. Initially on 3.10.2023, the Court had inquired from the learned Standing Counsel as to why the application of the petitioner Bank under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, has not been decided. Today, learned Additional Chief Standing Counsel Ms. Priyanka Middha has stated that it would take about a month's time for the State to decide the application. Under such circumstances, we direct that the respondent no. 2 to decide the application of the petitioner-Bank filed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, expeditiously, preferably within a period of one month from the date of presentation of a certified copy of this order. With these observations, the writ petition is disposed of. Order Date :- 18.10.2023 PK (Manoj Bajaj,J.) (Siddhartha Varma,J.) High Court of Judicature at Allahabad