{"id":207180,"date":"2018-12-24T15:00:06","date_gmt":"2018-12-24T09:30:06","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=207180"},"modified":"2018-12-26T12:22:16","modified_gmt":"2018-12-26T06:52:16","slug":"chief-judicial-magistrate-is-authorized-to-entertain-applications-under-section-14-of-the-sarfaesi-act-2002-kerala-hc","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2018\/12\/24\/chief-judicial-magistrate-is-authorized-to-entertain-applications-under-section-14-of-the-sarfaesi-act-2002-kerala-hc\/","title":{"rendered":"Chief Judicial Magistrate is authorized to entertain applications under Section 14 of the SARFAESI Act, 2002: Kerala HC"},"content":{"rendered":"

Kerala High Court:<\/strong> A Single Judge Bench comprising of Devan Ramachandran, J. dismissed a civil writ petition calling into question the statutory competence of a Chief Judicial Magistrate (CJM) to act under the provisions of Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002.<\/p>\n

Learned Senior Counsel on behalf of the petitioner, Mr. K.P. Dandapani, submitted that Section 14 of SARFAESI Act vests jurisdiction to assist the secured creditor in taking possession of a secured asset, only with a Metropolitan Magistrate or a District Magistrate, within whose jurisdiction any such secured asset is situated or found. Since Ernakulam district was not a metropolitan area under the provisions of the Code of Criminal Procedure, 1973, therefore, the CJM would not have jurisdiction to act under Section 14 of SARFAESI Act.<\/p>\n

The Court noted that the present issue was pending consideration of Supreme Court in a case titled P.M. Kelukutty v. Young Mens Christian Association<\/em> numbered as SLP No. 4665 of 2016. However, relying on the judgments of Division Bench of this Court in Muhammed Ashraf v. Union of India<\/em>, 2008 SCC OnLine Ker 201<\/a> and Radhakrishnan V.N. v. State of Kerala<\/em>, ILR 2008 (4) Ker 863 it was held that a Chief Judicial Magistrate is also authorized by law to act under the provisions of Section 14 of the SARFAESI Act.<\/p>\n

In view of the above, the petition was dismissed and petitioners were granted liberty to approach the competent statutory forum for invoking alternative remedies as per law.[Pouly v. Union of India,2018 SCC OnLine Ker 5415<\/b><\/a>, decided on 15-11-2018]<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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