M/S.Aadhi Cashew Foods v. The Reserve Bank

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 07.06.2023

CORAM

THE HONOURABLE MR.JUSTICE M.DHANDAPANI and W.M.P. No.11862 of 2020 M/s.Aadhi Cashew Foods Represented by its Sole Proprietor, R. Aadhikesavan ...

Petitioner Vs

1. The Reserve Bank of India, No.16, Rajaji Salai, Fort Glacis, Chennai, Tamil Nadu - 600 001.

2. The Branch Manager, Tamilnadu Mercantile Bank Ltd., Panruti, Cuddalore District.

3. The Regional Manager, Tamilnadu Mercantile Bank Ltd., Trichy.

...

Respondents Writ Petition filed under Article 226 of the Constitution of India to issue a Writ of Certiorarified Mandamus to call for the records relating to the Recall Notice proceedings of the 2nd respondent dated 01.07.2020 and quash the same and consequently direct the 2nd respondent not to convert my 1/4

loan as Non-Performing Asset (NPA) and not to take any adverse action against me or my business, pending disposal of the writ petition. For petitioner : No appearance For respondents : Mr.C. Mohan for M/s.King & Patridge for R1 Mr.S. Sethuraman for R2 & R3

ORDER

When the matter was listed for hearing on earlier two occasions i.e., on 02.06.2023 and 05.06.2023 there was no representation on behalf of the petitioner and hence the matter was directed to be posted on 07.06.2023 under the caption "for dismissal. Today, when the matter is taken up for hearing, there is no representation on the side of the petitioner.

2. Accordingly, this writ petition is dismissed for non prosecution. No costs. Consequently connected miscellaneous petition is closed.

07.06.2023 Index: Yes/ No Speaking order / Non speaking order vsi2 2/4

To

1. The Reserve Bank of India, No.16, Rajaji Salai, Fort Glacis, Chennai, Tamil Nadu - 600 001.

2. The Branch Manager, Tamilnadu Mercantile Bank Ltd., Panruti, Cuddalore District.

3. The Regional Manager, Tamilnadu Mercantile Bank Ltd., Trichy.

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M.DHANDAPANI, J.

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