Cherraan Foundation v. Canara Bank

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 30.08.2023 CORAM: JUSTICE N.SESHASAYEE WP.No.23680 of 2017 Cherraan Foundation, Represented through its Chairman/President Mr.K.C.Palanisamy, 322, Thadagam Road, R.S.Puram Coimbatore - 641 002.

...Petitioner

-Vs1.Canara Bank, Represented by its Chief General Manager, Head Office, Old No.563, New No.524, Anna Salai, Teynampet, Chennai - 600 018.

2.The Manager, Asset Recovery Management Branch, Canara Bank, 166, TV Swamy Road West, R.S.Puram, Coimbatore - 641 002.

3.The Branch Manager, Canara Bank, No.1, Krishnamuthaliyar Street, Chennimalai -638 051, Erode District.

...Respondents

1/4

Prayer: Writ Petition is filed under Article 226 of Constitution of India, to issue a Writ of Mandamus, directing the Respondent 1 to 3 to return the original title deeds deposited by the Petitioner to secure the loan availed in loan account no.1215773004737 as the Petitioner has settled the same to be full and final satisfaction of the Respondent Bank. For Petitioner : Mr.Avinash Wadhwani For R1 : No appearance For R2 : Mr.S.Raghunathan for M/s.T.S.Gopalan & Co.,

ORDER

The learned counsel for the petitioner submits that the dispute raised in this Petition has been amicably resolved between the petitioner and the lender Bank and hence, the petitioner offers to withdraw the same. 2.He has also filed an affidavit to that effect. 3.In view of the submissions made by the learned counsel for the petitioner and also the affidavit filed in this regard, the Writ Petition is 2/4

dismissed as withdrawn. No costs. Consequently, the connected miscellaneous petition is closed.

30.08.2023 Index : Yes/No Internet : Yes/No Tsg 3/4

N.SESHASAYEE, J., Tsg Order made in 30.08.2023 4/4