https://www.taxtmi.com/caselaws?id=425682 Section 14 of the SARFAESI Act confers an assisting, ministerial function on the Chief Metropolitan Magistrate or District Magistrate to aid secured creditors in taking possession of secured assets. The Magistrate acts on a written request, checks compliance with the affidavit requirements, and issues suitable orders within the prescribed time, without adjudicating borrower objections or undertaking any quasi-judicial determination. A purposive reading of the statutory scheme and the CrPC supports inclusion of the Additional Chief Metropolitan Magistrate and Additional District Magistrate when they exercise powers at par with the principal offices. The expression is therefore not confined to a persona designata and extends to those additional magistrates. en-us Wed, 27 Jul 2022 00:00:00 +0530 Fri, 29 Jul 2022 09:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425682 Section 14 of the SARFAESI Act confers an assisting, ministerial function on the Chief Metropolitan Magistrate or District Magistrate to aid secured creditors in taking possession of secured assets. The Magistrate acts on a written request, checks compliance with the affidavit requirements, and issues suitable orders within the prescribed time, without adjudicating borrower objections or undertaking any quasi-judicial determination. A purposive reading of the statutory scheme and the CrPC supports inclusion of the Additional Chief Metropolitan Magistrate and Additional District Magistrate when they exercise powers at par with the principal offices. The expression is therefore not confined to a persona designata and extends to those additional magistrates. Case-Laws Indian Laws Wed, 27 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425682