M/S.Southeren Polymers v. Indian Overseas Bank
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 05.02.2024
CORAM
THE HONOURABLE MR.JUSTICE S.M.SUBRAMANIAM and W.M.P.Nos.16078 & 16080 of 2020 M/s.Southern Polymers, Represented by its Proprietor Mr.S.Raja, Having Office at No.48, SIDCO Industrical Estate, Chennai - 600 124.
... Petitioner Vs.
1.Indian Overseas Bank, Regional Office at 763, New Building Annex, 3rd Floor, Anna Salai, Chennai - 02, Tamil Nadu.
2.Indian Overseas Bank, Nehru Park Branch, 872, Poonamalle High Road, Chennai - 600 084.
3.Reserve Bank of India, New Central Office Building, Shahid Bhagat Singh Rd, Fort, Mumbai, Maharashtra - 400 001.
... Respondents
Prayer: Writ Petition filed under Article 226 of the Constitution of India for issuance of a Writ of Mandamus, directing the 2nd respondent bank to reverse the unauthorised debit of Rs.35,00,000/- made in Account No.030602000003000 of the Petitioner Company and further direct the 2nd respondent to follow the terms of payment embodied in the 1st sanction advice dated 01.06.2020.
For Petitioner : Ms.Priscilla Carolyn for Mrs.J.Divya For R1 to R2 : Mr.F.B.Benjamin George For R3 : Mr.C.Mohan for M/s King and Partridge
O R D E R
Learned Counsel for the petitioner/company seeks permission of this Court to withdraw the present writ petition and also made an endorsement to that effect as follows:
"The Petitioner seeks to withdraw the writ petition as the dispute is settle between the parties and nothing survives in the matter."
2.
In view of the above, the Writ Petition stands dismissed as withdrawn. No costs. Consequently, connected miscellaneous petitions are closed.
05.02.2024 veda Index : Yes / No Speaking order / Non-Speaking Order To 1.Indian Overseas Bank, Regional Office at 763, New Building Annex, 3rd Floor, Anna Salai, Chennai - 02, Tamil Nadu.
2.Indian Overseas Bank, Nehru Park Branch, 872, Poonamalle High Road, Chennai - 600 084.
3.Reserve Bank of India, New Central Office Building, Shahid Bhagat Singh Rd, Fort, Mumbai, Maharashtra - 400 001.
S.M.SUBRAMANIAM, J.
veda 05.02.2024