High Court directs Collector/ District Magistrate to conclude the proceeding under Section 14 of the SARFAESI Act, 2002 within 30 days from the next date fixed – Tata Capital Housing Finance Ltd. Vs. State of Chhattisgarh and Ors. – Chhattisgarh High Court
The procedure under Section 14 of the SARFAESI Act, 2002 was commenced in the month of January, 2023. However, despite the fact that from January, 2023 though several months period has elapsed, the proceeding under Section 14 of the SARFAESI Act has not been concluded by Collector/ District Magistrate.