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Madras High CourtWP/557/2025withdrawn dismissed

Janathacem Industries Ltd v. The Authorised Officer

2025-12-10Honourable Mr Justice N. Sathish Kumar5 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 10-12-2025

CORAM

THE HONOURABLE MR JUSTICE N. SATHISH KUMAR and WMP Nos.672 & 673 of 2025

1. Janathacem Industries Ltd Represented By Its Director, Mr. J Balram S/o Jeyasubramanian 7, 99/2 Sankarankoil Road, Rajapalayam, Virudhunagar District 626 117 2.M/s Limenaph Chemicals Private Limited Represented By Its Director, Mr. J Balram S/o Jeyasubramanian, 803 /2 Sankarankoil Road, Rajapalayam, Virudhunagar District 626 117 Petitioner(s) Vs

1. The Authorised Officer State Bank Of India, Stressed Assets Management Branch 1112, Raja Plaza, Avinashi Road, Coimbatore 641 037 2.The Board Of Directors Of State Bank Of India Represented By Its Managing Director, Local Head Office, 10, College Road, Thousand Lights West, Thousand Lights, Chennai 600 006 Respondent(s) PRAYER This writ petition filed under Article 226 of the Constitution of India to issue a writ of mandamus directing the Respondent No 2, Board of Directors of

the State bank of india, to constitute a committee for Distressed Micro, Small, and Medium Enterprises ( MSMEs) as contemplated in paragraph 4 and 5 of the notification dated May 29, 2015 and further to direct the committee to consider the applications of the petitioners for restructuring in accordance with the said notification and such other relevant notifications and regulations framed by the Reserve bank of India For Petitioner(s):

Mr. D.Balamurali, for Mr. B.Ramachandran For Respondent(s):

Mr. M.L. Ganesh, and S. Arun Kumar, Standing counsel For R1 And R2

ORDER

When the matter is taken up for hearing today, the learned counsel for the petitioner seeks permission of this court to withdraw the writ petition. He has also made an endorsement to that effect.

2. Recording the submission and the endorsement made by the learned counsel for the petitioner, this Writ Petition is dismissed as withdrawn. No costs. Consequently connected miscellaneous petitions are closed. 10-12-2025 Speaking/Non-speaking order mrp

To 1.The Authorised Officer State Bank Of India, Stressed Assets Management Branch 1112, Raja Plaza, Avinashi Road, Coimbatore 641 037 2.The Board Of Dirctors Of State Bank Of India Represented By Its Managing Director, Local Head Office, 10, College Road, Thousand Lights West, Thousand Lights, Chennai 600 006

3. The Public Prosecutor, High Court of Madras, Chennai.

N.SATHISH KUMAR J.

mrp 10-12-2025