T.Sivasubramanian v. Punjab National Bank

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 22.08.2023 CORAM :

THE HON'BLE MR.SANJAY V.GANGAPURWALA, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE P.D.AUDIKESAVALU T.Sivasubramanian ..

Petitioner Vs.

Punjab National Bank Circle Sastra Center PNB House, Thanjavur Road Kailasapuram, Tiruchirapalli - 620 014.

..

Respondent Prayer: Petition filed under Article 226 of the Constitution of India seeking a writ of certiorarified mandamus, calling for the records pertaining to the rejection letter issued by the respondent bank dated 12.09.2022 as null and void and further direct the respondent bank to grant time till 31.12.2022 to make the balance OTS payment of Rs.1,82,75,000/- with applicable rate of interest. For the Petitioner : Mr.R.Sreedhar For the Respondent : Mr.M.L.Ganesh

ORDER

(Made by the Hon'ble Chief Justice) Heard Mr.R.Sreedhar, learned counsel for the petitioner and Mr.M.L.Ganesh, learned counsel for the respondent.

2. Learned counsel for the petitioner submits that subsequently, fresh One Time Settlement has been arrived at. As such, the petition has become infructuous.

3. In view of that, the writ petition stands disposed of as infructuous. There will be no order as to costs. Consequently, W.M.P.No.27211 of 2022 is closed.

(S.V.G., CJ.) (P.D.A., J.) 22.08.2023 Index :

Yes/No :

Yes/No drm

THE HON'BLE CHIEF JUSTICE AND P.D.AUDIKESAVALU, J.

(drm) 22.08.2023