N. Kalyanasundaram v. Tamil Nadu Industries

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 07.11.2023

CORAM

THE HON'BLE MR. JUSTICE P.D. AUDIKESAVALU and W.M.P. No. 7406 of 2018 N.Kalyanasundaram ... Petitioner -vs1.Tamil Nadu Industries Investment Corporation Limited, By its Deputy General Manager, 692, Anna Salai, Chennai - 600 035.

2. The Branch Manager, No. 23-A, Ranganathan Road, Chennai -Trichy Truck Road, Villupuram - 605 602.

... Respondents Prayer:- Writ Petition filed under Article 226 of the Constitution of India, 1950, praying to issue a Writ of certiorarified Mandamus calling for the records relating to the impugned order of the second respondent dated 19.02.2018 being ref: TIIC/VPM/LAO/2017-18 and the impugned publication of the first respondent bearing Advertisement No. 27/2017 published in the Dinathanthi Daily dated 18.02.2018 and quash the same and consequently direct the 1/4

respondent to permit the petitioner to repay the loan outstanding by rescheduling the installments.

For Petitioner :

Mr. R.Saravanan For Respondents :

Mr. K.Mahesh

O R D E R

Heard Mr. R.Saravanan, Learned Counsel for the Petitioner and Mr. K.Mahesh, Learned Counsel for the Respondents and perused the materials placed on record, apart from the pleadings of the parties. 2.

The Writ Petition challenges Notice No. TIIC/VPM/LAO/2017-18 dated 19.02.2018 sent by the Second Respondent to the Petitioner regarding the proposed tender-cum-public auction of his assets on 21.03.2018 for failure to repayment of the dues owed by him.

3.

This Court at the time of admission on 16.03.2018 had granted interim stay of the impugned proceedings, which was extended by another order dated 16.11.2018 and continues to be in force as on date. 2/4

4.

It is represented that the Petitioner has settled the entire dues on 21.09.2021 and Learned Counsel for the Respondents has made an endorsement to that effect in the court record. In view of the subsequent events, nothing remains for further consideration in the Writ Petition. In the result, the Writ Petition is disposed. Consequently, the connected Miscellaneous Petition is closed. No costs.

07.11.2023 Index: Yes/No NCC: Yes/No Note: Issue order copy by 31.01.2024.

nsl To 1.The Deputy General Manager, Tamil Nadu Industries Investment Corporation Limited, 692, Anna Salai, Chennai - 600 035.

2. The Branch Manager, No. 23-A, Ranganathan Road, Chennai -Trichy Truck Road, Villupuram - 605 602.

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P.D. AUDIKESAVALU, J.

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