Archive · 20 Aug 2025
Punjab/Haryana HC Orders Training on SARFAESI Act Compliance
The Punjab and Haryana High Court is making sure government officials in charge of helping banks get back their money understand their jobs.
Banks were complaining that these officials were taking too long to help, which is against the law.
The court ordered training for these officials so they know they need to act quickly, usually within 60 days, to help banks seize property when people don't pay their loans.
The court warned that if officials still don't do their job after the training, they could be punished for not following the court's orders.
The goal is to help banks recover money owed to them by making sure officials follow the rules and act promptly.
Punjab and Haryana High Court directs training for officials on SARFAESI Act.
Court noted repeated delays by district magistrates in implementing Section 14 orders.
Orientation courses will be conducted by the Chandigarh Judicial Academy.
The court emphasized that district magistrates should act swiftly in assisting banks.
Officials failing to comply after training face potential contempt of court charges.
- Who
- Punjab and Haryana High Court, district magistrates, deputy commissioners, banks.
- What
- Punjab and Haryana HC directs training of officials regarding the SARFAESI Act due to delays in assisting banks.
- When
- The order was issued recently, after complaints of delays.
- Where
- Punjab and Haryana High Court
- Why
- To address delays in the execution of orders under the SARFAESI Act and to ensure that officials understand their duties.
Banks
District Magistrates and Revenue Officers
Timeliness
Banks
Long delays in recovering assets.
District Magistrates and Revenue Officers
Officials need more time to process the applications.
- Court
- Punjab and Haryana High Court
- Act Involved
- SARFAESI Act (Section 14)
- Officials Involved
- Deputy Commissioners, District Magistrates, Chief Judicial Magistrates
- Training Authority
- Chandigarh Judicial Academy
- Training Goal
- Ensure swift action and understanding of duties
- Consequence of Non-Compliance
- Contempt of court