M/S.Devan Industries v. M/S.Reliance Asset Reconstruction Company Ltd.,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 22.06.2026 CORAM :

THE HONOURABLE MR. SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN and W.M.P.Nos.19662 and 19663 of 2024 Devan Industries Rep. by its Proprietor G.Ganaprakash Devakumar, No.15, Thonakulam Village, Devaiyam Pakkam Panchayat, Wallajabad Ullavoor PO, Kancheepuram 631606, Tamil Nadu Also at Door No.5, Plot No.19 3rd Cross Street, Rajeswari Nagar, Extension, Selaiyur, (Also called as Dhanalakshmi Street) Chennai 600073.

Petitioner Vs 1.Reliance Asset Reconstruction Company Ltd., 11th Floor, North Side R-Tech Park, Western Express Highway, Goregaon (East), Mumbai 400063.

Branch Office at 6th Floor at Khivraj Complex 11, 477-482, Anna Salai, Chennai 600035 Rep. by its Chief Manager, Satheeshkumar P.

2.J.Jayaseelan - Mortgagor/Guarantor Door No.5, Plot No.19, 3rd Cross Street, Rajeswari Nagar, Extension Selaiyur (Also called as Dhanalakshmi Street), Chennai 600073.

3.Ida Jaseelan - Mortgagor/Guarantor, Door No.5 Plot No.19, 3rd Cross Street, Rajeswari Nagar, Extension, Selaiyur (Also called as Dhanalakshmi Street), Chennai 600073.

Respondents PRAYER : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of certiorarified mandamus to call for the records in impugned Order in Crl.MP.No.7318 of 2023 dated 04.03.2024 passed by the Honourable Chief Judicial Magistrate, Chengalpettu and quash the same and the proceedings arising thereof and consequently direct the respondents to handover the physical possession of the property to the petitioner. For Petitioner:

Mr. Praveen for M/s. Nathan and Associates For Respondents:

Mr. T.V.Arvintraj for Mr. V.Balasubramani for R1 R2 and R3 - No Appearance

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) Learned counsel for the petitioner seeks to withdraw the writ petition with liberty to avail appropriate remedy in accordance with law.

The writ petition is dismissed as withdrawn with the aforesaid liberty. There shall be no order as to costs. Consequently, connected miscellaneous petitions are closed.

(SUSHRUT ARVIND DHARMADHIKARI, CJ) (G.ARUL MURUGAN,J) 22.06.2026 Index :

Yes/No :

Yes/No bbr

THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN, J.

bbr 22.06.2026