1 WP997.11.sxw ssm IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE CIVIL JURISDICTION WRIT PETITION NO. 997 OF 2011 The Memon Co­operative Bank Ltd. .....Petitioner. Vs. The District Magistrate, Satara District & Ors. ......Respondents. Mr. Rony Pallath Joseph for the Petitioner. None for the Respondents. CORAM : DR. D.Y. CHANDRACHUD AND ANOOP V. MOHTA, JJ. DATE : JUNE 15, 2011 P.C.: The relief that has been sought in these proceedings under Article 226 of the Constitution is a direction to the District Magistrate, Satara to dispose of the Application which has been filed by the Petitioner under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 2 The record before the Court indicates that the Application is pending before the First Respondent since September, 2010. The First Respondent should be conscious of the fact that such Applications 2 WP997.11.sxw ssm under Section 14 have to be disposed of expeditiously so as to facilitate the object and purpose underlying in the legislation. We therefore, dispose of this Petition by directing the First Respondent to take necessary steps to dispose of the Application filed by the Petitioner, within a period of two weeks from the date on which a certified copy of this order is placed before him by the Petitioner. It would be open to the First Respondent to take recourse to such provisions as are available under the law for taking the effective steps to implement the order. 3 The Petition is accordingly disposed of. There shall be no order as to costs. (ANOOP V. MOHTA, J.) (DR. D.Y. CHANDRACHUD, J.)