# ECL FINANCE LIMITED vs STATE OF PUNJAB AND OTHERS

Court: Punjab and Haryana High Court
Date: 2026-07-13
Citation: CWP 17783/2026
Petitioner: ECL FINANCE LIMITED
Respondent: STATE OF PUNJAB AND OTHERS

[Official PDF on Punjab and Haryana High Court website](https://livedb9010.phhc.gov.in/public/judgments/order-pdf?case_type=CWP&case_no=17783&case_year=2026&order_date=2026-07-13&order_type=FINAL)

## Judgment text (excerpt)

IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 125 CWP-17783-2026 Date of Decision:- 13.07.2026 ECL FINANCE LIMITED ....Petitioner(s) Versus STATE OF PUNJAB AND OTHERS ...Respondent(s) CORAM: HON'BLE MR. JUSTICE JASGURPREET SINGH PURI HON'BLE MR. JUSTICE SANJIV BERRY Present: Mr. Abhishek Garg, Advocate for the petitioner. Ms. Shruti, Assistant Advocate General, Punjab. **** SANJIV BERRY, J. 1. The petitioner-Financial Institution is before this Court invoking writ as well as supervisory jurisdiction under Article 226/227 Constitution of India, being aggrieved by in-action on the part of respondent No.2-Chief Judicial Magistrate, Ludhiana, to decide the application submitted by petitioner-Financial Institution u/s 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (in short the SARFAESI Act), which is pending since 11.12.2025. 2. It is submitted that no proceedings are pending before DRT/DRAT. 3. It is stated in the application that the respondent-borrower(s) availed a loan facility of Rs.28,10,000/- from the petitioner-Financial Institution, and upon default in repayment, the account was classified as Non- Performing Ass

https://niyam.ai/judgements/high-court/2026/july/ecl-finance-limited-vs-state-of-punjab-and-others