https://www.taxtmi.com/caselaws?id=199033 Section 14 of the SARFAESI Act confers an executionary function to secure possession of secured assets after default and notice under Section 13(2), not an adjudicatory or quasi-judicial power. The District Magistrate or Chief Metropolitan Magistrate is required only to verify the jurisdictional facts and then take, or cause to be taken, possession steps under Section 14(2). On that statutory scheme, the office is not a persona designata, and the argument that only the District Magistrate personally could act was rejected. Action taken through the Sub-Divisional Magistrate was therefore upheld. en-us Sat, 04 Apr 2009 00:00:00 +0530 Sat, 17 Feb 2018 15:51:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199033 Section 14 of the SARFAESI Act confers an executionary function to secure possession of secured assets after default and notice under Section 13(2), not an adjudicatory or quasi-judicial power. The District Magistrate or Chief Metropolitan Magistrate is required only to verify the jurisdictional facts and then take, or cause to be taken, possession steps under Section 14(2). On that statutory scheme, the office is not a persona designata, and the argument that only the District Magistrate personally could act was rejected. Action taken through the Sub-Divisional Magistrate was therefore upheld. Case-Laws Indian Laws Sat, 04 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199033