JANA SMALL FINANCE BANK LTD vs STATE OF PUNJAB AND OTHERS — CWP/13621/2026
Case under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act Section 14. Disposed: --DISPOSED OF on 12th May 2026.
CNR: PHHC010724872026
Next Hearing
04th May 2026
e-Filing Number
28-04-2026
Filing Number
CWP/26032/2026
Filing Date
29-04-2026
Registration No
CWP/13621/2026
Registration Date
01-05-2026
Judge
MR. JUSTICE VIKAS SURI , MR. JUSTICE SUVIR SEHGAL
Coram
MR. JUSTICE VIKAS SURI , MR. JUSTICE SUVIR SEHGAL
Bench Type
Double
Category
31.11 - FINANCIAL CORPORATION UOI D.B. ( 558 )
Judicial Branch
WRITS -I BRANCH
Decision Date
12th May 2026
Nature of Disposal
--DISPOSED OF
Acts & Sections
Petitioner(s)
JANA SMALL FINANCE BANK LTD
Adv. DEEPIKA MITTAL
STATE OF PUNJAB
Respondent(s)
STATE OF PUNJAB AND OTHERS
STATE OF PUNJAB
CHIEF JUDICIAL MAGISTRATE
HARPREET SINGH ATWAL
GURCHARAN SINGH
JAGDISH KAUR
Orders
Case Summary: CWP/13621/2026 Jana Small Finance Bank Ltd. filed a writ petition seeking mandamus to compel the Chief Judicial Magistrate, SBS Nagar to decide a pending Section 14 SARFAESI Act application. The bank had issued statutory notices under Sections 13(2) and 13(4) of the SARFAESI Act following the borrower's loan default and NPA classification, and taken symbolic possession of mortgaged property. The High Court of Punjab and Haryana disposed of the petition with a direction to the Magistrate to decide the application expeditiously, preferably within 60 days, citing prior judicial precedent on timely disposal of SARFAESI applications. This case analysis is maintained by casestatus.in based on publicly available court records.
Case Summary: CWP/13621/2026 Jana Small Finance Bank Ltd. filed a writ petition seeking mandamus to compel the Chief Judicial Magistrate, SBS Nagar to decide a pending Section 14 SARFAESI Act application. The bank had issued statutory notices under Sections 13(2) and 13(4) of the SARFAESI Act following the borrower's loan default and NPA classification, and taken symbolic possession of mortgaged property. The High Court of Punjab and Haryana disposed of the petition with a direction to the Magistrate to decide the application expeditiously, preferably within 60 days, citing prior judicial precedent on timely disposal of SARFAESI applications. This case analysis is maintained by casestatus.in based on publicly available court records.
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