V.Ramanathan v. Authorized Officer

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 04.02.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ V.Ramanathan .. Petitioner vs The Authorized Officer Bank of India Usman Road Branch, No.17/8, Mahalakshmi Street, T.Nagar, Chennai-600017.

.. Respondent Prayer : Petition under Article 226 of the Constitution of India seeking issuance of a writ of certiorari calling for records of the DRAT in RA (SA) 132/2010, dated 15.12.2016 on the file of DRAT, Chennai and quash the same as illegal and arbitrary.

For Petitioner : Mr.Arokia Sathish for Mr.S.Sethuraman For Respondent Ms.Rachana Shankar for Mr.F.B.Benjamin George

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) After the matter was heard for some time and, in fact, when the court started dictating the judgment, counsels requested that an opportunity be given to amicably resolve the matter. The matter was, therefore, stood over to post-lunch session.

2. Both counsels, Mr.Arokia Sathish and Ms.Rachana Shankar, informed the court that their instructions are to settle the matter for a lumpsum amount of Rs.3 lakhs to be paid by petitioner to respondent bank.

3. Mr.Arokia Sathish states that the amount of Rs.3 lakhs shall be paid on or before 4.3.2025.

4. Ms.Rachana Shankar states that on receipt of this amount of Rs.3 lakhs, the property bearing Door No.6/1, Old Door No.6, Karaneeshwarar Koil Street, II Lane Mylapore, Chennai - 600 004, will be released from any mortgage or charge or like encumbrance and petitioner will be free to enjoy

the property, of which he is in possession, without any hindrance or obstruction or claim from Bank of India or any one claiming through it.

5. Ms.Rachana Shankar further states that there are no proceedings pending against the said property and if at all there are any proceedings pending, the same shall be withdrawn within four weeks from today.

6. In the light of the submissions made on either side, which are accepted as an undertaking to the court, the writ petition is disposed of. There shall be no order as to costs.

(K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ,J.) 04.02.2025 Index :

Yes/No NC :

Yes/No sasi To:

The Authorized Officer Bank of India Usman Road Branch, No.17/8, Mahalakshmi Street, T.Nagar, Chennai-600017.

THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ ,J.

(sasi) 04.02.2025