LAWS(APH)-2021-2-15

MARUTHI MINERALS PVT LTD Vs. UNION OF INDIA

Decided On February 09, 2021
Maruthi Minerals Pvt Ltd Appellant
V/S
UNION OF INDIA Respondents

JUDGEMENT

(1.) This writ petition is filed seeking the following relief:

(2.) Factual matrix of the case is to the effect that the petitioner had taken a loan from the respondent-Bank against the secured asset which came to be the subject matter of proceeding under Section 14 of the Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (for short, '2002 Act') being Crl.M.P.No.93 of 2019 pending before the Chief Judicial Magistrate, Kadapa.

(3.) On 20.03.2019 the following order was passed: