W.P.No.24155 of 2026 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.07.2026 CORAM : THE HONOURABLE MR. SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN W.P.No.24155 of 2026 M/s.Arka Fincap Limited Having reg. office at 2504,25th floor, one Lodha Place, S.B.Marg, Lower Parel, Mumbai-400 013 and Regional office at 2nd Floor, 31/1. 13/1, Premises No.29, Dr. Nair Road, Above Federal Bank T.Nagar, Chennai, Tamil Nadu-600 017 Rep by its Authorised Signatory T.Mahendran Petitioner Vs 1.M/s.B.G.S.Roadlines Rep. through its Proprietor B.Gobi Having Office at No.71, Annamalai Nagar Achariya Puram, Achariya Puram Uruvaiyar, Puducherry-605 110 2.B.Gobi No.71,Annamalai Nagar Achariya Puram Uruvaiyar, Puducherry-605 110 ______________ Page 1 of 4 https://www.mhc.tn.gov.in/judis W.P.No.24155 of 2026 3.G.Gomathi No.71, Annamalai Nagar Achariya Puram Uruvaiyar, Puducherry-605 110 Respondents PRAYER : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing the Chief Judicial Magistrate, Pondicherry to expeditiously dispose of the petition filed by the petitioner under Section 14 of the SARFAESI Act dated 23.8.2025 in CRL.MP No.603 of 2026. For Petitioner: Mr.V.Balasubramani ORDER

(Order of the Court was made by the Hon'ble Chief Justice) This writ petition filed under Article 226 of the Constitution of India seeks a direction to the Chief Judicial Magistrate, Pondicherry, to expeditiously dispose of the petition filed by the petitioner under Section 14 of the SARFAESI Act dated 23.8.2025 in Crl.M.P.No.603 of 2026. 2. The statutory scheme and the scope of the powers exercisable by the authorities under Section 14 of the SARFAESI Act in the light of the authoritative pronouncements of the Supreme Court has been ______________ Page 2 of 4 https://www.mhc.tn.gov.in/judis W.P.No.24155 of 2026 elaborately considered by us in Vijayanand Srinivasan v. Punjab National Bank1. 3. In light of the above, the writ petition is disposed of. The Chief Judicial Magistrate, Pondicherry, is directed to take up the application filed by the petitioner under Section 14 of the SARFAESI Act and to decide and dispose of the same in accordance with the provisions of Section 14 of the SARFAESI Act and in the light of the directions issued in Vijayanand Srinivasan (supra). There shall be no order as to costs. (SUSHRUT ARVIND DHARMADHIKARI, CJ) (G.ARUL MURUGAN,J) 03.07.2026 Index : Yes/No Neutral Citation : Yes/No bbr To: The Chief Judicial Magistrate, Pondicherry. 12026 SCC OnLine Mad 4914 ______________ Page 3 of 4 https://www.mhc.tn.gov.in/judis W.P.No.24155 of 2026 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN, J. bbr W.P.No.24155 of 2026 03.07.2026

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W.P.No.24155 of 2026 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.07.2026 CORAM : THE HONOURABLE MR. SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN W.P.No.24155 of 2026 M/s.Arka Fincap Limited Having reg. office at 2504,25th floor, one Lodha Place, S.B.Marg, Lower Parel, Mumbai-400 013 and Regional office at 2nd Floor, 31/1. 13/1, Premises No.29, Dr. Nair Road, Above Federal Bank T.Nagar, Chennai, Tamil Nadu-600 017 Rep by its Authorised Signatory T.Mahendran Petitioner Vs 1.M/s.B.G.S.Roadlines Rep. through its Proprietor B.Gobi Having Office at No.71, Annamalai Nagar Achariya Puram, Achariya Puram Uruvaiyar, Puducherry-605 110 2.B.Gobi No.71,Annamalai Nagar Achariya Puram Uruvaiyar, Puducherry-605 110 ______________ Page 1 of 4 https://www.mhc.tn.gov.in/judis W.P.No.24155 of 2026 3.G.Gomathi No.71, Annamalai Nagar Achariya Puram Uruvaiyar, Puducherry-605 110 Respondents PRAYER : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing the Chief Judicial Magistrate, Pondicherry to expeditiously dispose of the petition filed by the petitioner under Section 14 of the SARFAESI Act dated 23.8.2025 in CRL.MP No.603 of 2026. For Petitioner: Mr.V.Balasubramani ORDER

(Order of the Court was made by the Hon'ble Chief Justice) This writ petition filed under Article 226 of the Constitution of India seeks a direction to the Chief Judicial Magistrate, Pondicherry, to expeditiously dispose of the petition filed by the petitioner under Section 14 of the SARFAESI Act dated 23.8.2025 in Crl.M.P.No.603 of 2026. 2. The statutory scheme and the scope of the powers exercisable by the authorities under Section 14 of the SARFAESI Act in the light of the authoritative pronouncements of the Supreme Court has been ______________ Page 2 of 4 https://www.mhc.tn.gov.in/judis W.P.No.24155 of 2026 elaborately considered by us in Vijayanand Srinivasan v. Punjab National Bank1. 3. In light of the above, the writ petition is disposed of. The Chief Judicial Magistrate, Pondicherry, is directed to take up the application filed by the petitioner under Section 14 of the SARFAESI Act and to decide and dispose of the same in accordance with the provisions of Section 14 of the SARFAESI Act and in the light of the directions issued in Vijayanand Srinivasan (supra). There shall be no order as to costs. (SUSHRUT ARVIND DHARMADHIKARI, CJ) (G.ARUL MURUGAN,J) 03.07.2026 Index : Yes/No Neutral Citation : Yes/No bbr To: The Chief Judicial Magistrate, Pondicherry. 12026 SCC OnLine Mad 4914 ______________ Page 3 of 4 https://www.mhc.tn.gov.in/judis W.P.No.24155 of 2026 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN, J. bbr W.P.No.24155 of 2026 03.07.2026

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