Sardarmal Kothari v. Punjab National Bank

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 13.11.2025

CORAM

THE HON'BLE MR.MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN and WMP No.47781 of 2025 Sardarmal Kothari .. Petitioner -vs1. Punjab National Bank, Rep. by its Authorised Officer, SAMB Chennai, 4th Floor, PNB Towers, No.46-49, Royapettah High Road, Chennai 600 014.

2. The Liquidator, Kamachi Industries Limited, SPP Insolvency Professionals LLP, No.27/9, Nivedh Vikas, Pankaja Mill Road, Puliyakulam, Coimbatore 641 045.

3. Kamachi Industries Limited, Rep. by its Director, 306, Delat Wing, 3rd Floor, Raheja Towers, No.177, Anna Salai, Chennai 600 002.

.. Respondents Prayer: Petition filed under Article 226 of the Constitution of India for issuance of a Writ of Certiorari calling for the records of the 1st respondent in issuance of notice dated 09.09.2025 and quash the same.

For Petitioner :

Mr.S.R.Rajagopal Senior Counsel for Mr.R.J.Rishikesh For Respondents :

Mr.Rangesh S.R.M.

For R-1 * * * * *

ORDER

(Order of the Court was made by the Hon'ble Chief Justice) In the matter of challenge to the possession notice, learned counsel for the first respondent/Bank enters appearance and informs the Court that the possession notice has been withdrawn. Taking the statement on record, this petition is disposed of as having rendered infructuous. There shall be no order as to costs. Consequently, the interim application stands closed. (MANINDRA MOHAN SHRIVASTAVA, CJ.) (G.ARUL MURUGAN, J.) 13.11.2025 Index : Yes/No : Yes/No sra

To

1. The Authorised Officer, Punjab National Bank, SAMB Chennai, 4th Floor, PNB Towers, No.46-49, Royapettah High Road, Chennai 600 014.

2. The Liquidator, Kamachi Industries Limited, SPP Insolvency Professionals LLP, No.27/9, Nivedh Vikas, Pankaja Mill Road, Puliyakulam, Coimbatore 641 045.

THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN , J.

(sra) 13.11.2025