M/S.Slar Machines And Methods v. State Bank Of India

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 29.05.2026

CORAM

THE HON'BLE MR.JUSTICE G.R.SWAMINATHAN AND THE HON'BLE MR.JUSTICE V.LAKSHMINARAYANAN M/S.SLAR MACHINES AND METHODS a partnership firm, Rep. by its partner - V.Saravanabhavan, No.122/1 and 2, SIDCO Industrial Estate, Ambattur, Chennai - 600098.

: Petitioner

Versus

State Bank of India (Erstwhile State Bank of Travancore), SIDCO Branch, Rep. by its Authorized Officer, Mr.R.Padmanaban, No.5A, SIDCO Industrial Estate, North Phase, Godrej Road Ambattur, Chennai - 600098.

: Respondent Prayer: Petition filed under Article 226 of the Constitution of India for issuance of a Writ of Certiorarified Mandamus to call for the records in connection with impugned order dated 29.04.2026 passed by learned Judicial Magistrate, Tiruvallur in Crl.M.P.No.3 of 2026 and to quash the same and to consequentially direct the respondent to hand over the possession to the petitioner till the disposal of the securitization application in S.A.No.209 of 2022 pending before the DRTIII, Chennai. For Petitioner :

Mr.Ali Hassan Khan

ORDER

(Order of the Court was made by G.R.SWAMINATHAN, J.) Heard the learned counsel for the petitioner.

2. Even though the writ petitioner has challenged the order passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, (for short, 'the Act'), learned counsel submits that the petitioner would be satisfied if this Court directs the Debts Recovery Tribunal-III, Chennai, to dispose of S.A.No.209 of 2022, filed by the petitioner against the action taken under Section 13(4) of the Act.

3. In view of the said submission, we dispose of this writ petition by directing Debts Recovery Tribunal No.III to dispose of S.A.No.209 of 2022, on merits and in accordance with law on or before 31.08.2026.

4. It is open to the petitioner to file an advance hearing petition before the Debts Recovery Tribunal. If the petitioner has filed any

amendment petition, the same may be numbered and disposed of in accordance with law.

5. We make it clear that we have not expressed any opinion on the merits of the case. There will be no order as to costs. WMP Nos.22434 and 22436 of 2026 stand closed.

(G. R. SWAMINATHAN, J.) (V. LAKSHMINARAYANAN, J.) 29.05.2026 Index : Yes/No : Yes/No tar To 1.The Authorised Officer, State Bank of India (Erstwhile State Bank of Travancore), No.5A, SIDCO Industrial Estate, North Phase, Godrej Road Ambattur, Chennai - 600098.

2.The Debts Recovery Tribunal No.3, Chennai

G.R.SWAMINATHAN, J.

AND V. LAKSHMINARAYANAN , J.

(tar) 29.05.2026