Thirumoorthy Krishnan v. Reserve Bank Of India

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 09.02.2026 CORAM :

THE HONOURABLE MR.JUSTICE R. SURESH KUMAR AND THE HONOURABLE MR.JUSTICE P. DHANABAL

1. Thirumoorthy Krishnan

2. Gokila ..

Petitioners Vs.

1. Reserve Bank of India Rep. By Governor Rajaji Salai, Chennai - 600 001.

2. M/s. Kotak Mahindra Prime Ltd.

Rep. By its Authorised Officer / Legal Manager Registered Office:

27, BKC, Ground Floor, Flat No.C-27 G Block, Bandra Kurla Complex Bandra (East), Mumbai - 400 051.

..

Respondents Prayer: Petition filed under Article 226 of the Constitution of India, seeking a writ of mandamus, directing the Presiding Officer, Debt Recovery Tribunal, Coimbatore to decide, hear and pass orders on the petitioners I.A.Nos.6564 to 6566 of 2025 in S.A. Diary No.2160 of 2025 dated 15.11.2025 pending on his file in a stipulated time to be fixed by this Court.

For the Petitioner :

Mr.B.Manimaran For the Respondents :

Notice Dispensed With

ORDER

(Order of the Court was made by R.SURESH KUMAR, J.) This writ petition has been filed seeking a direction to the Debts Recovery Tribunal, Coimbatore, to dispose the interlocutory applications in I.A.Nos.6564 to 6566 of 2025, filed in S.A. Diary No.2160 of 2025, dated 15.11.2025 within a stipulated time to be fixed by this Court.

2. As against the SARFAESI proceedings iniciated by the second respondent against the petitioners, invoking Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the SARFAESI application has been filed in S.A. Diary No.2160 of 2025, where, there has been a delay of 108 days. Therefore, to condone the delay, the said interlocutory applications have been filed on 15.11.2025.

3. The said applications have been kept pending and not disposed of so far, therefore, seeking the direction as prayed for herein, the present writ petition has been filed.

4. Heard Mr.B.Manimaran, learned counsel for the petitioners. In view of the order that is going to be passed in this writ petition, notice to the respondents, at this stage, is dispensed with.

5. Since the prayer is very innocuous in nature, where the petitioners want the interlocutory applications, in I.A.Nos.6564 to 6566 of 2025 in S.A. Diary No.2160 of 2025, to be disposed at the earliest by the Debts Recovery Tribunal, Coimbatore, without expressing any view over the merits to be claimed in this regard by the petitioners about the delay of 108 days in filing S.A. Diary No.2160 of 2025, we are inclined to dispose of this writ petition with the following orders:- (i) That there shall be a direction to the Debts Recovery Tribunal, Coimbatore, to decide I.A.Nos.6564 to 6566 of 2025 in S.A. Diary No.2160 of 2025 dated 15.11.2025, after hearing both sides, on merits as early as possible, preferably within a period of two months from the date of receipt of a copy of this order.

6. With these directions, the writ petition is disposed of. However, there shall be no order as to costs. Consequently, W.M.P.No.2811 of 2026 is closed. W.M.P.No.2809 of 2026, petition filed seeking leave to file a single writ petition, stands ordered, inasmuch as the petitioners have paid separate set of court fees. (R.S.K., J.) (P.D.B., J.) 09.02.2026 Speaking Order/Non-Speaking Order Internet:Yes/No Index:Yes/No (drm)

To:

1. The Governor Reserve Bank of India Rajaji Salai, Chennai - 600 001.

2. The Debts Recovery Tribunal, Coimbatore.

R. SURESH KUMAR, J.

AND P. DHANABAL, J.

(drm) 09.02.2026