DEBASMITA SAMANTRAY Vs. CHIEF MANAGER CUM AUTHORIZED OFFICER

JUDGEMENT

(1.) The petitioner is a defaulting borrower against whom recovery process under the SARFAESI Act, 2002 (for short, "the Act, 2002") was initiated after the Housing Loan of Rs.40,75,000.00 was classified as NPA on 16/8/2019. Thereafter, the recovery proceedings have culminated into a successful auction of the mortgaged residential property on 12/8/2021. The actual physical possession of the said mortgaged property is also stated to be taken on 15/1/2022 by the Bank in compliance of the order dtd. 8/10/2021 passed by the District Magistrate and Collector, Khurda on an application under Sec. 14 of the Act, 2002.

(2.) The present Writ Petition has been filed with the prayer for quashing the order dtd. 8/10/2021 (Annexure-8) passed by the District Magistrate and Collector, Khurda whereby the order was given for providing official assistance to undertake actual physical possession.

(3.) At the time of hearing, learned counsel for the Bank submits firstly that a Writ Petition to challenge the order passed by the District Magistrate is not maintainable and the proper remedy is to approach the DRT under Sec. 17 of the Act, 2002.