Anand Cine Service Private Ltd v. Kotak Mahindra Bank Ltd
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 11.12.2025
CORAM
THE HON'BLE MR.MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN Anand Cine Service Private Ltd., Rep. By its Director, Anand Prasad, Old Door No.2, Sarangapani Street, T.Nagar, Chennai 600 017.
.. Petitioner -vs1. Kotak Mahindra Bank Ltd., Asset Reconstruction Division, Rep. By its Senior Vice President, No.39, Montieth Road, Egmore, Chennai 600 006.
2. M/s.Ravishankar Industries Ltd., (In Liquidation) O/o.The Official Liquidator, High Court Madras, Corporate Bhavan, 2nd Floor, No.29, Rajaji Salai, Chennai 600 001.
A.Ravishankar Prasad (Deceased), (Estate liable to Insolvency as per Order dated 09.08.2017 passed in IP.No.94/2011)
3. A.Manohar Prasad (Office of Official Assignee attached to High court of Judiciature at Madras) High Court of Madras, Madras High Court Building, Chennai 600 104.
4. Sai Sivajothi
5. Lakshmi Anandi
6. Anjali Krishna Mani
7. A.Indira Anand
8. T.Ramaiah .. Respondents Prayer: Petition filed under Article 227 of the Constitution of India to set aside the order dated 08.10.2025 passed in MA No.40/2025 in TA No.1701/2023 on the file of Debts Recovery Tribunal-III, Chennai. For Petitioner :
Mr.V.Prakash Senior Counsel for Mr.S.Gokul For Respondents :
Mr.P.Elayaraj Kumar for M/s.Ramalingam & Associates for R-1
ORDER
(Order of the Court was made by the Hon'ble Chief Justice) Though number of grounds have been urged to assail the order passed by the Debts Recovery Tribunal, none of them relates to lack of jurisdiction, malafides or violation of principles of natural justice. No
other extraordinary ground has been urged to warrant interference without insisting on exhaustion of alternative remedy. With the liberty to file appeal, this petition is dismissed. There shall be no order as to costs.
(MANINDRA MOHAN SHRIVASTAVA, CJ.) (G.ARUL MURUGAN, J.) 11.12.2025 Index : Yes/No : Yes/No sra To The Debts Recovery Tribunal-III, Chennai.
THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN, J.
(sra) 11.12.2025