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Madras High CourtWP/20011/2026disposed of

Mohamed Ghouse v. Authum Investment And Infrastructure Limited

2026-05-20Honourable Mr Justice G. R. Swaminathan,Honourable Mr.Justice V. Lakshminarayanan4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 20-05-2026

CORAM

THE HON'BLE MR JUSTICE G. R. SWAMINATHAN AND THE HON'BLE MR.JUSTICE V.LAKSHMINARAYANAN and WMP.Nos.21395 & 21396 of 2026 Mohamed Ghouse S/o.Yakhin Ali, Residing at No.16/37, Madha Church Street, Royapuram, Chennai- 600 013.

Petitioner(s) Vs Authum Investment and Infrastructure Limited (Formerly Known as Reliance Commercial Finance Limited), Having its Registered Office at 707, Rajeja Centre, Free Press Journal Road, Nariman Point, Mumbai- 400 021 and Branch Office at SAI JBM Complex, 1st Floor, Building No.536, New No.1057,Plot No.5, Poonamallee High Road, Arumbakkam, Chennai- 600 106.

Respondent(s) Prayer : Writ Petition is filed under Article 226 of the Constitution of India, to issue a Writ of Certiorari, calling for the records of the Debts Recovery Appellate Tribunal, Chennai, relating to passing of the order dated 08.05.2026 in M.A.(S.A)No.30 of 2026, and quash the same insofar as it directed for payment of Rs.25 Lakhs to the Respondent Bank herein.

For Petitioner(s):

Mr.S.R.Rajagopal Senior Counsel for Mr.Sasidaran For Respondent(s):

Mr.S.K.Mariyappan

ORDER

(Order of the Court was made by G.R.Swaminathan J.) Heard the learned Senior Counsel appearing for the writ petitioner. 2.

Considering the nature of relief to be granted, issuance of notice to the respondent is dispensed with. The writ petitioner suffered an order under Section 14 of the SARFAESI Act. Challenging the same, he filed an appeal before the Debts Recovery Tribunal, Chennai. The Debts Recovery Tribunal, Chennai, directed the petitioner to pay a sum of Rs.50 lakhs in two instalments. Aggrieved by the same, the petitioner filed an appeal before the Debts Recovery Appellate Tribunal, Chennai. The Appellate Tribunal modified the condition and directed the petitioner to pay a sum of Rs.25 lakhs instead of Rs.50 lakhs. Challenging the said order, the present Writ Petition has been filed. 3.

After considering all the relevant facts and circumstances of the case, we are of the view that the period of three weeks stipulated by the

Appellate Tribunal can be extended by a further period of eight weeks from today. The said amount shall be deposited to the credit of SARFAESI appeal in an interest bearing account before the Debts Recovery Appellate Tribunal, Chennai. The issue regarding the appropriation is left open. 4.

This Writ Petition is disposed of accordingly. No costs. Consequently, the connected Miscellaneous Petitions are closed. (G.R.S.,J.) (V.L.N.,J.) 20-05-2026 Index:Yes/No Speaking Order:Yes/No dna/rka To The Debts Recovery Appellate Tribunal, Chennai.

G.R.SWAMINATHAN J.

and V.LAKSHMINARAYANAN J.

dna/rka and WMP.Nos.21395 & 21396 of 2026 20.05.2026