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Punjab and Haryana High Court · 2026-05-18

EQUITAS SMALL FINANCE BANK LIMITED vs ADDITIONAL DISTRICT MAGISTRATE (ADM) CUM ADDITIONAL DISTRICT COLLECTOR MOGA

Citation / case number
CWP 15326/2026
Court
Punjab and Haryana High Court
Petitioner
EQUITAS SMALL FINANCE BANK LIMITED
Respondent
ADDITIONAL DISTRICT MAGISTRATE (ADM) CUM ADDITIONAL DISTRICT COLLECTOR MOGA
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Judgment text excerpt

1 CWP-15326 of 2026 IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 148 CWP-15326 of 2026 Date of decision: 18.05.2026 EQUITAS SMALL FINANCE BANK LIMITED ….Petitioner V/S ADDITIONAL DISTRICT MAGISTRATE (ADM) CUM ADDITIONAL DISTRICT COLLECTOR MOGA AND OTHERS … Respondents CORAM: HON’BLE MR. JUSTICE SUVIR SEHGAL, JUDGE HON’BLE MR. JUSTICE VIKAS SURI, JUDGE Present: Mr. Nitin Thatai, Advocate for the petitioner. (Through V.C.) Mr. A.S. Khara, Senior Deputy 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 respondent No.1 to 3 to provide assistance in handling over the physical possession of the secured asset. 2. Counsel for the petitioner submits that order dated 19.06.2025 (Annexure P-3) has been passed by the Additional District Magistrate, Moga under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, ‘the SARFAESI Act’), but despite lapse of more than 11 months, physical possession of the secured asset has not been delivered. 3. Advance copy of the petition has been served upon the officia