Case Law Analysis
|Bombay High Court
Section 14 SARFAESI Act | Bombay HC Mandates 30-Day Disposal of Magistrate Applications for Secured Creditors
Bombay High Court reinforces that District Magistrates must dispose of Section 14 SARFAESI Act applications within 30 days, treating it as a ministerial duty. The ruling underscores strict timelines for secured creditors, ensuring expedited enforcement of security interests without adjudicatory delays.