Sree Rajendra Mills Ltd v. The Boar For Industrial And

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18.08.2016 CORAM :

The Hon'ble MR.SANJAY KISHAN KAUL, CHIEF JUSTICE AND The Hon'ble MR.JUSTICE R.MAHADEVAN W.P. No.9944 of 2014 and M.P.Nos.1 & 2 of 2014 M/s.Sree Rajendra Mills Ltd., rep. by its Managing Director S.Chockalingam, Gandhi Nagar, Leigh Bazaar, Salem.

.. Petitioner -vs1.The Board for Industrial and Financial Reconstruction, Government of India, Ministry of Finance, Jawahar Vyapar Bhavan, No.1, Tolstoy Marg, New Delhi.

2.The Appellate Authority for Industrial and Financial Reconstruction, 10th Floor, Jeevan Prakash Building, No.25, Kasturba Gandi Marg, Central Delhi, New Delhi.

3.The Chairman, Central Bank of India, BIFR Cell, 4th Floor, Chandramukhi Building, Mumbai-400 021.

4.Kalyanasundaram .. Respondents Petition filed under Article 226 of the Constitution of India praying for issue of Writ of Certiorari calling for the records on the file of second respondent under Appeal No.26 of 2012 dated 06.09.2013 and quash the same to the extent of having given permission to the fourth respondent to raise objections on the Draft Rehabilitation Scheme, as arbitrary, erroneous, unsustainable in law and on facts.

For Petitioner :

Mr.AR.M.Arunachalam For Respondents :

Mr.F.B.Benjamin George for R3 Ms.P.T.Asha for Mr.S.Janarthanam for R4 * * * * *

O R D E R

(Order of the Court was made by The Hon'ble Chief Justice) On hearing the learned counsel for parties, it is agreed that in pursuance to the impugned order dated 06.09.2013 since publication has already taken place and objections have been filed by respondent No.4, the said objections will be examined subject to any objections to be raised by the petitioner qua their maintainability and the BIFR will proceed in accordance with law to deal with the objections.

2. The writ petition, accordingly, stands disposed of. No costs. Consequently, M.P.Nos.1 and 2 of 2014 are closed. Sd/- Asst.Registrar (CS VI ) /true copy/ Sub Asst. Registrar To 1.The Board for Industrial and Financial Reconstruction, Government of India, Ministry of Finance, Jawahar Vyapar Bhavan, No.1, Tolstoy Marg, New Delhi.

2.The Appellate Authority for Industrial and Financial Reconstruction, 10th Floor, Jeevan Prakash Building, No.25, Kasturba Gandi Marg, Central Delhi, New Delhi.

3.The Chairman, Central Bank of India, BIFR Cell, 4th Floor, Chandramukhi Building, Mumbai-400 021.

+1 cc to Mr.M.Arunachalam, advocate,sr.47159 +1 cc to Mr.S.Janarthanam advocate,sr.47408 +1 cc to Mr.F.B.Benjamin george, advocate,sr.47119. ctk(co) krd 29/8 W.P.No.9944 of 2014