Sarfaesi S. 14 – Complaint u/s 340 CrPC against authorised officer before DM – Complaint before District Magistrate under Section 340 Cr.P.C. against the authorised officer for concealing material facts – Maintaianble. [(2023-4) PLR 001 ]

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 Securitisation and Reconstruction of Financial Assets and Enforcement of Security interest Act, 2002 (54 of 2002) Act, S. 14 – CrPC S. 340  – Pendency of several court cases pertaining to the mortgaged property had been communicated to the secured creditor from time to time by the borrower – Authorized officer of secured creditor in his affidavit before District Magistrate, under Section 14 of the sarfaesi Act, concealed the facts of litigations and stays granted in the same – Based on the said representation District Magistrate passed order under Section 14 – Complaint before District Magistrate under Section 340 Cr.P.C. against the authorised officer for concealing material facts – No decision taken by DM – Directions issued to DM to decide the complaint under Section 340 Cr.P.C.

Er. Sandeep Suri, for the petitioner.