Ashok R Patel v. M/S.Punjab National Bank

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03.06.2026 CORAM :

THE HONOURABLE MR. SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN and W.M.P.No.12759 of 2026 Ashok R Patel Partner of M/s. Sri Krishna Saw Mill, S/o. Ratanshi M Patel, No. 20 Ranganathan Avenue, Kilpauk, Chennai 600 010 Petitioner Vs 1.Punjab National Bank Rep. by its Chief Manager, Zonal Sastra Centre, PNB Towers, No. 46- 49 4th Floor, Royapettah High Road, Chennai 600 014 2.Nitin Venture LLP Rep. by Navin Chandra, No. 32-B Flat No. 5, Manonmani Ammal Street, Kilpauk, Chennai 600 010 Respondents

PRAYER : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing the 1st respondent bank to accept the E-auction payment of Rs.9,50,00,000/- along with interest and to set aside the E-Auction sale proceedings conducted on 29.04.2025 by considering petitioner representation dated 09.03.2026 within a stipulated time as fixed by this Hon'ble Court. For Petitioner(s):

Mr. S.Mahaveershivaji For Respondent(s):Mr. M.L.Ganesh for R1

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) Learned counsel for the petitioner seeks to withdraw the writ petition.

2. The writ petition is dismissed as withdrawn. There shall be no order as to costs. Consequently, connected miscellaneous petition is closed.

(SUSHRUT ARVIND DHARMADHIKARI, CJ) (G.ARUL MURUGAN,J) 03.06.2026 Index :

Yes/No :

Yes/No bbr

To:

The Chief Manager, Punjab National Bank Zonal Sastra Centre, PNB Towers, No. 46- 49 4th Floor, Royapettah High Road, Chennai 600 014

THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN, J.

bbr 03.06.2026