N.S.Rangachari v. Reserve Bank Of India
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Dated: 23.01.2024
CORAM
THE HONOURABLE DR. JUSTICE ANITA SUMANTH W.P.No.28251 of 2022 and WMP.Nos.27543, 27544 & 27545 of 2022 N.S.Rangachari ... Petitioner Vs.
1.Reserve Bank of India - No.16, Rajaji Salai, Fort Glacis, Chennai, Tamilnadu 600001.
2.Indian Bank, The Branch Manager, Mylapore Branch, No.21, North Mada Street, Mylapore, Chennai 600 004.
3.SAM Branch Large, Chennai, No.55, Ethiraj Salai, Zonal Office Building, IInd Floor, Wellington Estate, Egmore, Chennai-600 008.
... Respondents (R3 impleaded as per order dated 22.11.2023 in WMP.29719/2023 in WP.28251/2022) PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Certiorarified Mandamus to call for entire records
leading to issue of the 2nd Respondent impugned notice dated 15.09.2022 to the petitioner through message 3 Nos (SMS) and quash the same as it violates the RBI Notification in Circular DOR.STR.REC.11/21/04/048/21-22 dated May 5, 2021. "Resolution Framework for Covid-19 - related stress" consequently direct the first respondent to consider the representation sent by the petitioner through email dated 28.05.2021 so as to adhere the RBI Notification in Circular DOR.STR.REC.11/21/04/048/21-22 dated May 5, 2021. "Resolution Framework for Covid - 19 - related stress" in order to implement the same to all the Loan accounts of the petitioner herein and his companies, in Loan Account Nos.6095481407, 7047147654, 7047151525, 6345615410, 6887513431, 7047176695, 6887513464, 6565814038, 7022880603, 7022881346, 951014068, 7097192381, 7097195723, 7047454348, 6350165426 and 7097205788 having at Indian Bank, Mylapore branch, Chennai-600 004, within a stipulated time.
For Petitioner : Mr.P.P.Vikram For Respondents : Mr.R.Ramesh (for R2) R1 & R3 - Not ready in notice
O R D E R
Mr.P.P.Vikram, learned counsel on record for the petitioner makes an endorsement to the effect that the petitioner does not wish to pursue this Writ Petition.
2. In light of the endorsement made, this Writ Petition is dismissed as withdrawn. No costs. Connected miscellaneous petitions are closed. 23.01.2024 Index : Yes / No Speaking order sl To 1.Reserve Bank of India - No.16, Rajaji Salai, Fort Glacis, Chennai, Tamilnadu 600001.
2.Indian Bank, The Branch Manager, Mylapore Branch, No.21, North Mada Street, Mylapore, Chennai 600 004.
3.SAM Branch Large, Chennai, No.55, Ethiraj Salai, Zonal Office Building, IInd Floor, Wellington Estate, Egmore, Chennai-600 008.
Dr.ANITA SUMANTH,J.
Sl W.P.No.28251 of 2022 and WMP.Nos.27543, 27544 & 27545 of 2022 23.01.2024