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Issues: Whether the authorities were bound to extend effective executive assistance under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 for taking possession of the secured asset in terms of the Collector's order.
Analysis: Proceedings under Section 14 are confined to verification of the secured creditor's declarations and do not involve adjudication of rival claims. Once the statutory requirements are in order, the authority must act on the request at face value and provide the reasonable and necessary police or revenue assistance required to secure possession of the asset. The statutory scheme is intended to facilitate swift enforcement of security interests, with any grievance by the borrower or other aggrieved person being left to the remedy under Section 17 after measures are taken.
Conclusion: The authorities were required to provide the requested assistance and could not remain inactive after the Collector's order.
Ratio Decidendi: A request under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 is a non-adjudicatory, ministerial process under which the competent authority must extend necessary executive assistance once the statutory declarations are in order.