@JUDGMENTTAG-ORDER
Jayanta Kumar Biswas, J.@mdashThe petitioner in this Art. 226 petition is questioning a notice dated November 28, 2008 (at p. 28) issued by the
authorised officer of LIC Housing Finance Ltd. under S. 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of
Security Interest Act, 2002.
2. Counsel submits that the petitioner''s representation dated March 19, 2010 (at p. 31) has not been considered.
3. The petitioner was to pay the demanded amount within sixty days from the date of the S. 13(2) notice. It means that if he wanted to submit any
representation, then he was required to submit it within sixty days from the date of the notice. But while the notice is dated November 28, 2008,
his representation through lawyer is dated March 19, 2010.
4. I do not find any reason to accept the argument that since on the basis of the demand notice dated November 28, 2008 the authorised officer of
the secured creditor did not take any measure under S. 13(4) till March 19, 2010, the petitioner was entitled to create the officer''s obligation
under S. 13(3A) by making a representation even after expiration of sixty days from the date of the S. 13(2) notice.
5. The petitioner''s failure to respond within sixty days from the date of the notice entitled the secured creditor to exercise all or any of the rights
under S. 13(4). It is another matter whether the secured creditor decided to waive its any right under S. 13(4). But its silence, if any, could not
keep the petitioner''s right to submit a representation under S. 13(3A) alive until measure was taken under S. 13(4).
6. For these reasons, I dismiss the petition. No costs.
