The Tamil Nadu Alloy Foundry v. State Industries Promotion

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 03.07.2018

CORAM

THE HONOURABLE MR.JUSTICE R.MAHADEVAN WP.No.29176 of 2010 MP.No.1 of 2010 The Tamil Nadu Alloy Foundry Company Ltd., Rep. by its Director ... Petitioner Vs.

1.State Industries Promotion Corporation of Tamil Nadu Limited No.51 & 52, Rukmani Lakshmipathi Road, Chennai 600 008.

Rep. by its Managing Director 2.Tamil Nadu Industrial Investment Corporation, P.B.No.49, No.7, 2nd Cross, 2nd Floor, Kamaraj Colony, Hosur - 635 109.

3.Industrial Finance Corporation Continental Chamber, 142, Mahatma Gandhi Road, Post Box.No.3318, Chennai - 600 034.

... Respondents Petition filed under Article 226 of the Constitution of India to issue a Writ of Mandamus directing the respondents 2 and 3, Tamil Nadu Industrial Investment Corporation, P.B.No.49, No.7, 2nd Cross, 2nd Floor, Kamaraj Colony, Hosur 635109 and Industrial Finance Corporation of India, Continental Chamber, 142, Mahatma Gandhi Road, Post Box No.3318, Chennai-34, to issue No Due Certificate in discharge of their entire term liabilities and other dues to enable the petitioner to obtain release of Sale Deed from the 1st respondent in respect of the immovable property situated at Plot No.21 & 22, SIPCOT Industrial Complex, Hosur 635125 registered Document No.223/2010 on the file of the Sub-Registrar, Hosur.

For Petitioner : M/s.Gupta & Ravi For R1 : Mr.Sudharshana Sundar For R2 : Mr.A.Panneer Chelvam

ORDER

The prayer made in this writ petition is to issue a mandamus directing the respondents 2 and 3 to issue a no due certificate, so as to enable the petitioner to release the sale deed from the first respondent.

2.When the matter was taken up for consideration, the learned counsel for the respective parties, on instructions, submitted that the relief sought for herein has become infructuous and hence, nothing survives for adjudication in this writ petition.

3.Recording the same, this writ petition stands closed. No costs. Consequently, connected Miscellaneous Petition is also closed.

Sd/- Assistant Registrar(CS V) //True Copy// Sub Assistant Registrar drl/rk To 1.State Industries Promotion Corporation of Tamil Nadu Limited No.51 & 52, Rukmani Lakshmipathi Road, Chennai 600 008.

Rep. by its Managing Director.

2.Tamil Nadu Industrial Investment Corporation, P.B.No.49, No.7, 2nd Cross, 2nd Floor, Kamaraj Colony, Hosur - 635 109.

3.Industrial Finance Corporation Continental Chamber, 142, Mahatma Gandhi Road, Post Box.No.3318, Chennai - 600 034.

+1cc to Mr.A.Panneer Selvam, Advocate Sr.42609 W.P.No.29176 of 2010 bs[co] srg 31/07/2018