# AU SMALL FINANCE BANK LTD vs STATE OF PUNJAB AND OTHERS

Court: Punjab and Haryana High Court
Date: 2026-05-29
Citation: CWP 18222/2026
Petitioner: AU SMALL FINANCE BANK LTD
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=18222&case_year=2026&order_date=2026-05-29&order_type=FINAL)

## Judgment text (excerpt)

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 179 CWP-18222-2026 Date of Decision: 29.05.2026 AU Small Finance Bank Limited ....Petitioner Versus State of Punjab and others ....Respondents CORAM: HON'BLE MR. JUSTICE SUVIR SEHGAL HON'BLE MR. JUSTICE VIKAS SURI ---- Present: Mr. Vaibhav Mittal, Advocate and Mr. Shivansh Mahajan, Advocate for the petitioner. Mr. Akhil Kamra, Assistant Advocate General, Punjab. **** SUVIR SEHGAL, J. (ORAL) 1. This writ petition has been filed, inter alia, for issuance of a writ in the nature of mandamus directing respondents No.2 and 3 to provide assistance in handing over the physical possession of the secured asset. 2. Counsel for the petitioner submits that order dated 29.10.2025 (Annexure P-3) has been passed by the Chief Judicial Magistrate, Moga, under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, ‘SARFAESI Act’), but despite of lapse of 7 months, physical possession of the secured asset has not been delivered. 3. Advance copy of the petition has been served upon the official respondents. 4. On asking, State counsel has put in appearance on behalf of VARI

https://niyam.ai/judgements/high-court/2026/may/au-small-finance-bank-ltd-vs-state-of-punjab-and-others-punjab-haryana-4