ICICI HOME FINANCE COMPANY PVT LTD vs ISHA SINGHAL AND OTHERS

COCP-244-2026 (O&M) -1- IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 232 COCP-244-2026 (O&M) Date of Decision: 05.05.2026 ICICI HOME FINANCE COMPANY PVT LTD ......Petitioner Vs. ISHA SINGHAL AND OTHERS .....Respondents CORAM: HON'BLE MRS. JUSTICE SUDEEPTI SHARMA Present: Mr. Nitin Thatai, Advocate for the petitioner (through V.C). Mr. Vikas Arora, DAG, Punjab. SUDEEPTI SHARMA J. (Oral) 1. The present contempt petition has been filed for deliberate and intentional disobedience of order dated 03.12.2025 passed by the Division Bench of this Court in CWP-34443-2025, whereby the following directions were issued:- “i) In view of the above, this court by way of writ of mandamus directs respondents No.1 to 3 to execute the order dated 24.07.2025 (Annexure P-2) passed u/s 14 of SARFAESI Act by handing over physical possession of the secured asset to the petitioner - financial institution as expeditiously as possible, preferably within a period of 30 days. The petitioner - financial institution, thereafter, can proceed to adopt all possible legitimate means to liquidate the secured asset to recover the due amount. (ii) The petition for the time being stands disposed of in the terms af