M/S.Marutham Streel Industries Pvt., Ltd., v. The Authorised Officer

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 02.09.2020

CORAM

THE HON'BLE MR.JUSTICE M.M.SUNDRESH and THE HON'BLE MRS.JUSTICE R.HEMALATHA W.P.No.11091 of 2020 and W.M.P.No.13524 of 2020 1.M/s.Marutham Steel Industries Pvt. Limited., 16 A, Lakshmipuram, Ganapathy, Coimbatore.

2.Veerappan 3.Kathiresh 4.Parthiban ... Petitioners Vs.

The Authorised Officer, Indian Overseas Bank, Assets Recovery Management Branch, 11/952, Cross Cut road, Gandhipuram, Coimbatore - 641 012.

... Respondent Writ petition filed under Article 226 of the Constitution of India praying to prohibit the learned Chief Judicial Magistrate Court of Coimbatore to proceed further in CMP.No.217 of 2019 and stop the proceedings of the said lower court. For Petitioners.. Mr.M.Saravanakumar For Respondent .. M/s.Sheela Venkatesh

ORDER

[Order of the court was made by M.M.SUNDRESH.J.,] After making submissions on merits, the learned counsel appearing for the petitioner submitted that as against the final order passed by the learned Chief Judicial Magistrate, Coimbatore, the petitioner may be given liberty to challenge the same before the Debts Recovery Tribunal, Coimbatore. https://hcservices.ecourts.gov.in/hcservices/

2. In view of the same, the writ petition stands closed giving liberty to the petitioner to approach the Debts Recovery Tribunal, Coimbatore, if the application is maintainable in law and on facts.

Sd/- Assistant Registrar //True Copy// Sub Assistant Registrar raa/kmk To 1.The chief Judicial Magistrate Coimbatore.

2.The Presiding Officer, The Debts Recovery Tribunal, Coimbatore.

W.P.No.11091 of 2020 SR(CO) RMP(05/11/2020) https://hcservices.ecourts.gov.in/hcservices/