High Court affirms broader interpretation of Section 14 SARFAESI Act, including Additional Magistrates in duties execution.

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....Interpretation of statute - Section 14 of SARFAESI Act - The view taken by the High Court are agreed upon that (i) the District Magistrate, Chief Metropolitan Magistrate is not a persona designata for the purposes of Section 14 of the SARFAESI Act; (ii) the expression “District Magistrate” and the “Chief Metropolitan Magistrate” as appearing in Section 14 of the SARFAESI Act shall deem to mean and include Additional District Magistrate and Additional Chief Metropolitan Magistrate for the purposes of Section 14 of the SARFAESI Act. - SC....