M/S.Vijayaganapathy Fertiliser v. Chief General Manager,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 08.03.2023

CORAM:

THE HON'BLE MR. JUSTICE M.DHANDAPANI and W.M.P. Nos.16225 and 16226 of 2018 Vijayaganapathy Fertilisers Rep. by its Proprietor, T. Sivasubramanian

...Petitioner

vs.

1. Chief General Manager, Reserve Bank of India, South Zonal Office, 16, Rajaji Salai, Chennai.

2. The Senior Manager, Punjab National Bank, Kamaraj Salai, Pondicherry - 605 001.

...

Respondents Prayer : Writ Petition filed under Article 226 of the Constitution of India, to issue a Writ of Certiorarified Mandamus to call for records pertaining to the letter dated 03.04.2018 issued by the second respondent and quash the same as illegal and in violation of circular dated 07.02.2018 vide RBI/2017-18/129 DBR No.BP.BC.100/21.04.048/201718 issued by the first respondent and further direct the second respondent to grant Moratorium period of 180 days to regularize the loan. 1/3

For petitioner : Mr.R. Sreedhar For respondents : Mr.R. Sriram for R2 R1 - No appearance

ORDER

The learned counsel for the petitioner submits that subsequent to filing of this writ petition, the 2nd respondent has accepted the OTS proposal. and nothing survives for further adjudication in this matter. He has made the following endorsement in the Court bundle : The petitioner submits that the respondent has accepted the OTS proposal. Hence, this W.P. may be closed.

2. In view of the endorsement made by the learned counsel for the petitioner, this Writ Petition stands closed. No costs. Consequently, connected Miscellaneous Petitions are also closed. 08.03.2023 Index: Yes/No Internet: Yes/No Speaking Order/Non-Speaking Order vsi2 2/3

M.DHANDAPANI, J.

vsi2 To

1. Chief General Manager, Reserve Bank of India, South Zonal Office, 16, Rajaji Salai, Chennai.

2. The Senior Manager, Punjab National Bank, Kamaraj Salai, Pondicherry - 605 001.

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