M.S.Sadaq Ali v. Board For Industrial And

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 07.04.2015

CORAM

THE HONOURABLE MR. JUSTICE D.HARIPARANTHAMAN W.P.No.12097 of 2012 and Connected Miscellaneous Petitions 1.M.S.Sadaq Ali 2.M.A.S.Ahmed Fazhul Hussan 3.M.S.Hussain Deen

...Petitioners

Versus

1.Board for Industrial and Financial Reconstruction Rep. by its Bench Officer, Jawahar Vyapar Bhavan, 1, Tolstoy Marg, New Delhi - 110 001.

2.Tan India Limited (Company unde Liquidation) Rep. by Official Liquidator, High Court of Madras, Corporate Bhavan, 29, Rajaji Salai, Chennai - 600 001.

3.State Bank of India (Operating Agency) Rep. by its Chairman and Managing Director Central Office, Madam Cama Road, Mumbai - 400 021.

4.ICICI Bank Rep. by its Chief Manager (Legal) No.1, Cenotaph Road, 3rd Floor, Teynampet, Chennai -18.

5.P.Elango 6.M.S.Mathivanan 7.M.S.Kumanan

...Respondents

(R5 to R7 impleaded as per order dated 28.08.2012 by DHPJ in M.P.Nos.4 and 3 of 2012)

PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying for the issuance of Writ of Certiorari, calling for the records comprised in Case No.311/2001 on the file of the Board for Industrial and Financial Reconstruction and quash the same as being illegal without jurisdiction and ultra vires the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985 and the Companies Act, 1956. For Petitioners : Mr.Madhan Babu For Respondents : No appearance for R1 Mr.B.Dhanraj Official Liquidator for R2 Mr.Om Prakash for M/s.Ramalingam and Associates for R3 Mr.A.K.Sriram for Mr.G.Sundaram for R4 Mr.B.Ravi Raja for R5 Mr.Ravi for M/s.Gupta and Ravi for R6 and R7

O R D E R

The Learned counsel appearing for the petitioners seeks permission of this Court to withdraw the writ petition and he has also made an endorsement to that effect. Permission is granted. Accordingly, Writ Petition is dismissed as withdrawn. No costs. Consequently, connected miscellaneous petitions are also dismissed.

07.04.2015 Index : Yes /No Internet : Yes svki

To 1.Board for Industrial and Financial Reconstruction Rep. by its Bench Officer, Jawahar Vyapar Bhavan, 1, Tolstoy Marg, New Delhi - 110 001.

2.Tan India Limited (Company unde Liquidation) Rep. by Official Liquidator, High Court of Madras, Corporate Bhavan, 29, Rajaji Salai, Chennai - 600 001.

3.State Bank of India (Operating Agency) Rep. by its Chairman and Managing Director Central Office, Madam Cama Road, Mumbai - 400 021.

4.ICICI Bank Rep. by its Chief Manager (Legal) No.1, Cenotaph Road, 3rd Floor, Teynampet, Chennai -18.

D.HARIPARANTHAMAN, J.

svki W.P.No.12097 of 2012 07.04.2015