S.D.Cotton Clothing Company India Private Limited v. Invent Assets Securitisation And Reconstruction Pvt Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 28.04.2023 CORAM :

THE HON'BLE MR.T.RAJA, ACTING CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY S.D Cotton Clothing Company India Private Limited, rep. by its Director V.Ramakrishnan, Prem Gardens, 5, Rajaji Nagar, P.N.Road, Tirupur.

.. Petitioner Vs 1.Invent Assets Securitisation & Reconstruction Private Limited, rep. by Chief Executive Officer Gopi Krishan Sharma, Bakhtwar, Suite B, Ground Floor, Backbay Reclamation Block III, 229, Nariman Point, Mumbai-400 021.

2.Invent Arc Private Limited, 7 Raheja Centre, Ground Floor, 214 Free Press Journal Marg, Nariman Point, Mumbai Mh 400 021.

.. Respondents Prayer: Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of certiorari calling for the records of the first respondent culminating in the auction notice dated 03.04.2023

proposing to auction the schedule mentioner property to prospective bidders and quash the same as illegal, arbitrary and violative. For the Petitioner : Mr.P.V.Balasubramaniam Senior Counsel for Mr.Akhil R.Bhansali

ORDER

(Order of the court was made by the Hon'ble Acting Chief Justice) Learned counsel appearing for the petitioner sought permission of this Court to withdraw the writ petition with liberty to approach the competent civil court. He has also made an endorsement to that effect.

2. Recording the submission made by learned counsel for the petitioner, the writ petition is dismissed as withdrawn with liberty as prayed for. There will be no order as to costs. Consequently, W.M.P.Nos.12973 and 12975 of 2023 are closed. (T.R., ACJ.) (D.B.C., J.) 28.04.2023 Index :

Yes/No :

Yes/No bbr

THE HON'BLE ACTING CHIEF JUSTICE AND D.BHARATHA CHAKRAVARTHY, J.

bbr W.P.No .13260 of 2023 28.04.2023