Topic

statutory timeline

4 articlesLatest June 2026
Section 14 SARFAESI Act | District Magistrate Must Decide Applications Within 60 Days or Face Writ Jurisdiction : CGHC
Case Law Analysis
|Chhattisgarh High Court

Section 14 SARFAESI Act | District Magistrate Must Decide Applications Within 60 Days or Face Writ Jurisdiction : CGHC

Chhattisgarh High Court mandates that District Magistrates must dispose of SARFAESI Act Section 14 applications within 60 days, failing which secured creditors can invoke writ jurisdiction. The ruling underscores that statutory timelines are mandatory and prolonged inaction without recorded reasons violates creditors' rights under the Act.