2013 (1) TMI 993

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....se is posted for orders on Office objections i.e., as to maintainability of the Revision Petition. 4. Learned Counsel for the revision Petitioner submits that in view of the order dated 3.5.2011 passed in Crl.RP No.525/2011 by this Court, Office objection is not maintainable. He further submits that since the trial Court has passed an order on a petition filed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (in short, 'the Securitisation Act') and under sub-Section (3) of Section 14 of the Securitisation Act, no Act of the Chief Metropolitan Magistrate or the District Magistrate can be questioned, Revision Petition filed under Section 397 of Crl.RP No.67....

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....set is required to be sold or transferred by the secured creditor under the provisions of this Act, the secured creditor may, for the purpose of taking possession or control of any such secure asset, request, in writing, the Chief Metropolitan Magistrate or the District Magistrate within whose jurisdiction any such secured asset or other documents relating thereto may be situated or found, to take possession thereof, and the Chief Metropolitan Magistrate or, as the case may be, the District Magistrate shall, on such request being made to him- (a) take possession of such asset and documents relating thereto; and Crl.RP No.67/2013 (b) forward such assets and documents to the secured creditor. (2) For the purpose of ....