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Madras High CourtWP/774/2025disposed of in memo of compromise

Shameem v. Union Bank Of India

2025-02-19Honourable The Chief Justice,Honourable Mr Justice Mohammed Shaffiq7 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19.02.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ and W.M.P.Nos.943 and 944 of 2025 Shameem .. Petitioner vs 1.Union Bank of India, Stressed Assets Management Branch, No.38 & 39, Whites Road, Royapettah, Chennai-600 014.

2.UCO Bank, Chennai Main Branch, No.169, Thambuchetty Street, Chennai-600 001.

3.Bank of Baroda, George Town Branch, No.340, Mint Street, Chennai-600 079.

.. Respondents

Prayer : Petition under Article 226 of the Constitution of India seeking issuance of a writ of certiorarified mandamus calling for the records on the file of the Recovery Officer, DRT-II, Chennai relating to the sale notice dated 10.12.2024 in TRC No.674/2022 (DRC No.314/2019 DRT : II, Chennai) in O.A.No.243/2007 ad the letter of the respondents 1 to 3 dated 3.10.2024 and quash the same and consequently direct the respondents 1 to 3 to accept the proposal submitted by the petitioner for settlement/redemption.

For Petitioner : Mr.T.Saikrishnan For Respondents : Ms.M.Geethapriya for respondent Nos.1 to 3

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) Parties have entered into a compromise memo dated 19 th February, 2025. The compromise memo signed by petitioner and the authorised representative of first respondent, for itself and as representative for respondent Nos.2 and 3 and their respective advocates, is taken on record and marked as "X" for identification. The signatories are identified by the respective advocates. For ease of reference, the joint compromise memo is

scanned and re-produced below:

2. Petition is disposed of in accordance with the terms contained in the joint compromise memo.

No order as to costs. Consequently, interim applications are closed. (K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ, J.) 19.02.2025 Index :

Yes/No NC :

Yes/No bbr To 1.Union Bank of India, Stressed Assets Management Branch, No.38 & 39, Whites Road, Royapettah, Chennai-600 014.

2.UCO Bank, Chennai Main Branch, No.169, Thambuchetty Street, Chennai-600 001.

3.Bank of Baroda, George Town Branch, No.340, Mint Street, Chennai-600 079.

THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ ,J.

bbr 19.02.2025