Section 14 of the SARFAESI Act mandates District Magistrate to deliver possession of a secured asset within 30 days, extendable to an aggregate of 60 days upon reasons recorded in writing, to banks.source https://economictimes.indiatimes.com/industry/banking/finance/banking/provision-of-sarfaesi-act-empowering-dms-to-attach-secured-assets-of-borrowers-directory-sc/articleshow/79066129.cms
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