Pro Knits v. The Authorised Officer

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19.03.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ and W.M.P.No.8730 of 2025 M/s.Pro Knits, rep. by its Partner S.Ravikumar SF No.460, A B Nagar, Gandhi Nagar Post, Tiruppur-641 602.

.. Petitioner vs The Authorised Officer, Canara Bank, Asset Recovery Management Branch, Gujarati Samaj Building, 661-1, Mettupalayam Road, R.S. Puram, Coimbatore-641 002.

.. Respondent Prayer : Petition under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing the respondent to furnish a detailed statement of accounts specifying the manner in which the ECGC claim of Rs.18,64,04,059/- and the sale proceeds of already sold properties have been appropriated, including an itemized breakdown of the application of each payment towards principal, interest and any other charges as requested by the petitioner vide its letter dated 1.8.2024.

For Petitioner : Mr.B.Suresh for Mr.B.Ramachandran For Respondent : Mr.M.L.Ganesh

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) The prayer in the petition is limited.

2. Shri Ganesh undertakes to file vakalatnama on behalf of respondent. Shri Ganesh states that bank will provide the details sought in the letter dated 1 st August, 2024 without prejudice to bank's rights and contentions. The details shall be provided within two weeks. Statement accepted.

3. Petition is disposed of. There shall be no order as to costs. Consequently, interim application stands closed. (K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ, J.) 19.03.2025 Index :

Yes/No NC :

Yes/No

bbr To The Authorised Officer, Canara Bank, Asset Recovery Management Branch, Gujarati Samaj Building, 661-1, Mettupalayam Road, R.S. Puram, Coimbatore-641 002.

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

bbr 19.03.2025