ENCORE ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED vs DISTRICT MAGISTRATE / DISTRICT COLLECTOR GURUGRAM HARYANA

CWP-14044-2026 (O&M) - 1- IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 155 CWP-14044-2026 (O&M) Date of decision: 06.05.2026 ENCORE ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED ....PETITIONER VERSUS DISTRICT MAGISTRATE / DISTRICT COLLECTOR GURUGRAM HARYANA ...RESPONDENTS CORAM: HON'BLE MR. JUSTICE SUVIR SEHGAL CORAM: HON'BLE MR. JUSTICE YASHVIR SINGH RATHOR Present : Mr. Nitin Thatai, Advocate for the petitioner. (through VC) Mr. Deepak Bhardwaj, Addl. A.G. Haryana. ***** SUVIR SEHGAL J.(ORAL) 1. This writ petition has been filed for issuance of a writ in the nature of mandamus directing respondents No. 1 to 3 to hand over the physical possession of the secured asset. 2. Counsel for the petitioner submits that order dated 10.10.2023 (Annexure P-3) has been passed by the District Magistrate, Gurugram under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, ‘SARFAESI Act’). But despite lapse of more than 2 ½ year, physical possession of the secured asset has not been delivered. 3. Advance copy of the petition has been served upon the official respondents No.1 to 3. VISHAL VARDHAN 2026.05.07 06:19 I