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2012 (6) TMI 42 - HC - Indian LawsSecuritisation Act - taking possession of the secured assets - Second Respondent (Collector and District Magistrate, Sangli) orally declined to render administrative assistance as required - No dates are fixed for the attendance of Bank officers and no communication is furnished regarding the status of the applications – Held that:- Second Respondent is duty bound to act in accordance with the letter and spirit of the legislation enacted by Parliament under Section 14 of the Securitisation Act, 2002. It does not lie within the jurisdiction of the Collector under Section 14 to enter upon an adjudication of the merits of the claim of the Bank. Second Respondent shall expeditiously conclude the pending applications. Petition is accordingly disposed of
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