Lawn Textile Mills Pvt Ltd v. The Managing Director And Ceo
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 27.08.2024
CORAM
THE HONOURABLE MR.JUSTICE M.DHANDAPANI and W.M.P.No.5783 of 2021 Lawn Textile Mills Private Limited, 24A, Anna Street, 15 Velampalayam, Tirupur - 641 652.
Represented by its Director.
... Petitioner Vs.
1. The Managing Director & CEO, UCO Bank, Head Office, 10, BTM Sarani, Kolkata - 700 001 & ors.
2. The General Manager (Recovery), UCO Bank Head Office, 10, BTM Sarani, Kolkatta - 700 001.
3. The Chief Manager, UCO Bank, Tirupur Branch, Sakthi Tower (Ground Floor), 55 & 56 Bharathi Street, Valipalayam 3rd Street, Tirupur - 641 601.
... Respondents PRAYER : Petition filed under Article 226 of the Constitution of India praying for issuance of Writ of Mandamus, to direct the third respondent Bank to appoint an independent Chartered Accountant to verify the calculation of excess interest charged (including compounding effect thereof) by the respondent Bank and arrive at the correct balance of the loan account of the petitioner after deducting the excess interest charged (including the compounding effect thereof) and also not to charge interest on delayed period from 2016.
For Petitioner :
Mr.S.Sathyanarayanan For Respondents :
Mr.R.Selvakumar for R3 No appearance for R1 and R2
O R D E R
Today, when the matter is taken up for hearing, the learned counsel appearing for the petitioner seeks permission of this Court to withdraw this petition. He has also made an endorsement to that effect.
2. Recording the said submission made by the learned counsel for the petitioner, this Writ Petition is dismissed as withdrawn with liberty to the petitioner to work out his remedy in the manner known to law. No costs. Connected miscellaneous petition is closed.
27.08.2024 NCC: Yes / No Index : Yes / No Speaking Order : Yes / No ssb To
1. The Managing Director & CEO, UCO Bank, Head Office, 10, BTM Sarani, Kolkata - 700 001 & ors.
2. The General Manager (Recovery), UCO Bank Head Office, 10, BTM Sarani, Kolkatta - 700 001.
3. The Chief Manager, UCO Bank, Tirupur Branch, Sakthi Tower (Ground Floor), 55 & 56 Bharathi Street, Valipalayam 3rd Street, Tirupur - 641 601.
M.DHANDAPANI,J.
ssb and W.M.P.No.5783 of 2021 27.08.2024