IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL Writ Petition (M/S) No. 518 of 2010 India Bulls Housing Finance Ltd. Registered Office at F-60 Malhotra Building Second Floor, Connaught Place New Delhi, through its Authorised Signatory, Ashish Kumar. … Petitioner. Versus District Magistrate Dehradun, District Dehradun and others. … Respondents. Mr. Parikshit Saini, Advocate, learned counsel for the petitioner. Mr. K.P.Upadhyay, Learned Additional Chief Standing Counsel for the respondent No.1. Date April 13, 2010. Hon’ble B.S.Verma, J. Heard learned counsel for the petitioner and perused the record. By means of this writ petition, the petitioner has sought a writ in the nature of mandamus directing the respondent no. 1 to pass appropriate order under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (for short the Act) on the application moved by the petitioner dated 2-9-2009 (Annexure-4 to the petition) within fifteen days. From a perusal of record it appears that the respondent nos. 3 to 6 took a loan of Rs. 87,50,000/- from the petitioner, which was to be repaid by the respondents in equated monthly installments. The respondents failed to pay the loan, hence the petitioner issued a notice under Section 13(2) of the Act was issued against the respondent nos. 3 to 6, but the respondents failed to pay the loan within the stipulated period. A notice under Section 13(4) of the Act was published on 26-8-20089 (Annexure-2 to the petition) and the constructive possession of the property secured was taken. It appears that an FIR was also lodged by the petitioner 2 against the said respondents on 3-6-2009 as the respondents allegedly sold a portion of the mortgaged property illegally. It also appears that an application under Section 14 of the Act (Annexure-4 to the petition) was moved by the petitioner before the respondent no. 1 on 2-9-2009 with a prayer to take possession of the property in question, but no order has been passed by the District Magistrate Dehradun so far. In the course of arguments, learned counsel for the petitioner urged that a direction be issued to the District Magistrate to pass appropriate order on the application under Section 14 of the Act (Annexure-4). Accordingly, the respondent no.1-District Magistrate Dehradun is directed to pass appropriate order in accordance with law on the application moved by the petitioner under Section 14 of the Act (Annexure-4 to the petition) expeditiously preferably within a period of six weeks from the date of production of certified copy of this order. With the above direction, the writ petition is disposed of finally. All pending applications stand disposed of. ( B.S.Verma, J.) RCP 3