Capri Global Housing Finance Ltd Vs Indrasen Rahangdale And Others

Madhya Pradesh High Court 13 Jan 2026 Writ Petition No. 809 Of 2026 (2026) 01 MP CK 0042
Bench: Division Bench
Result Published
Acts Referenced

Judgement Snapshot

Case Number

Writ Petition No. 809 Of 2026

Hon'ble Bench

Vivek Rusia, J; Pradeep Mittal, J

Advocates

Vaishnavi Sharma, Piyush Jain

Final Decision

Disposed Of

Acts Referred
  • Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002-Section 14

Cases Referred

  • i. Equitas Small Finance Bank Ltd. V/S State Of M.P. [2024 (1), M.P.L.J. 36] (link unavailable)

Judgement Text

Translate:

Vivek Rusia, J

1. This petition has been preferred by the petitioner against the inaction of Chief Judicial Magistrate, District Seoni (M.P.) who is not deciding the application under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred as "SARFAESI Act").

2. By means of present order, the Chief Judicial Magistrate, District Seoni (M.P.) is directed to take note of pending proceedings under Section 14 of the SARFAESI Act, and pass an appropriate order in accordance with law and in light of the judgment passed in case of Equitas Small Finance Bank Ltd. v/s State of M.P. [2024 (1), M.P.L.J. 36].

3. Before deciding the application under Section 14 of the SARFAESI Act, Chief Judicial Magistrate / Concerned Authority shall verify whether any proceeding / stay application is pending before the DRT or not.

4. With the aforesaid direction, this Writ Petition is disposed of.

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