M/S.K.P.Vasantha Garments v. State Bank Of India

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 24-7-2015

CORAM:

THE HON'BLE MR. JUSTICE SATISH K. AGNIHOTRI and THE HON'BLE MR. JUSTICE M. VENUGOPAL W.P. No.22391 of 2015 1.

M/s.K.P.Vasantha Garments, No.3/1329, Mettu Street, Athimanjeripet, Thiruvallore District, Pin Code: 631 202 rep.by its Proprietor K.P.Vasantha 2.

K.P.Anbhazhagan ... Petitioners Vs.

1.

State Bank of India, rep.by its Authorised Officer, Athimanjeripet, Thiruvallore District, Pin Code: 631 202 2.

Debt Recovery Tribunal-III, Spencer Towers, V Floor, 770-A, Anna Salai, Chennai - 600 002.

... Respondents Writ Petition filed under Article 226 of the Constitution of India praying this Court to issue a writ of mandamus directing the first respondent to comply with the order dated 4.10.2012 passed by the DRT-III and consider the representation dated 14.10.2014 and thereby direct the Bank to release the original title deeds and issue 'No Due Certificate' pertaining to the loan account of the petitioner company within the time frame stipulated by this Court. For Petitioners :

Ms.D.Dakshayini https://hcservices.ecourts.gov.in/hcservices/

O R D E R

(Order of the Court was made by SATISH K. AGNIHOTRI, J.) The learned counsel appearing for the petitioners seeks permission of this Court to withdraw the writ petition with liberty to take recourse to the appropriate forum and she has also made an endorsement to that effect, as under:

"Writ petition withdrawn with a liberty to file a fresh petition before DRT (Debt Recovery Tribunal)/Appropriate authority."

2.

In view of the above submission and endorsement made by the learned counsel for the petitioners, this writ petition is dismissed as withdrawn with liberty as afore-stated, if so advised. Sd/- Assistant Registrar(CS IV) //True Copy// Sub Assistant Registrar vr To

1. The Authorised Officer, State Bank of India, Athimanjeripet, Thiruvallore District, Pin Code: 631 202

2. The Debt Recovery Tribunal-III, Spencer Towers, V Floor, 770-A, Anna Salai, Chennai - 600 002.

+1cc to Mr.T.Kumaravijayan, Advocate, S.R.No.37667 W.P. No.22391 of 2015 GGK(CO) CA(06/08/2015) https://hcservices.ecourts.gov.in/hcservices/