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Madras High CourtWP/35136/2019withdrawn dismissed

Lalitha Muralidharan, v. The Regional Director,

2024-10-18Honourable The Chief Justice,Honourable Mr Justice Senthilkumar Ramamoorthy4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18.10.2024 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY Lalitha Muralidharan, Prop. M/s.Sai Lalith Fragrance, Plot No.B-25, Phase-II, Madrase Export Processing Zone, MEPZ-SEZ, Tambaram, Chennai-600 045.

.. Petitioner vs.

1.The Regional Director, The Reserve Bank of India, (Department of Banking Supervision), 16, Rajaji Salai, Chennai-600 001.

2.Axis Bank Limited, Corporate Banking Branch, Club House Road, Chennai-600 002.

3.Axis Bank Limited, Tambaram SME Centre, 14/57, I Main Road, Door No.2, CLC Works Road, Chrompet, Chennai-600 044.

..

Respondents Prayer : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing the first respondent to issue necessary directions as mandated under the statute to the second respondent to provide relief under the Circular RBI/2018-19/203 DBR No.BP.BC.45/21.04.048/2018-19 dated June 7, 2019 by considering the restructuring applying the norms and principles of the said circular to the petitioner's unit Sai Lalith Fragrances.

For Petitioner : Mr.J.Antony Jesuraja For Respondents : Mr.C.Mohan for M/s.King & Patridge for respondent No.1 : M/s. M.R.Uma Vijayan for respondent Nos.2 and 3

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) Counsel for petitioner seeks leave to withdraw the writ petition.

2. Writ petition is dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, CJ) (SENTHILKUMAR RAMAMOORTHY,J.) 18.10.2024 Index :

Yes/No NC :

Yes/No bbr To 1.The Regional Director, The Reserve Bank of India, (Department of Banking Supervision), 16, Rajaji Salai, Chennai-600 001.

2.Axis Bank Limited, Corporate Banking Branch, Club House Road, Chennai-600 002.

3.Axis Bank Limited, Tambaram SME Centre, 14/57, I Main Road, Door No.2, CLC Works Road, Chrompet, Chennai-600 044.

THE HON'BLE CHIEF JUSTICE AND SENTHILKUMAR RAMAMOORTHY, J.

bbr 18.10.2024