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Punjab and Haryana High Court
Decided on: 25.05.2026

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SARFAESI -- Secured asset -- Physical possession -- Non-compliance of District Magistrate's order -- Mandamus issued for implementation.

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Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), Section 14 -- Constitution of India, Article 226 -- Secured asset -- Physical possession -- Order under S.14 passed by District Magistrate for taking possession of secured asset -- Physical possession not delivered despite lapse of more than two and a half months -- Writ petition seeking implementation of said order -- Competent authority directed to execute and comply with the order under S.14 within 60 days from communication of Court's order, unless any legal impediment exists.

(Paras 2, 5)

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