Nagarajan .S v. The Tamil Nadu Mercantile Bank Ltd.,
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 28.02.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN 1.S.Nagarajan 2.Vallal RCK (Deceased) 3.Saravana Sivasankaran ... Petitioners (P3 is impleaded vide order dated 22.02.2023 in W.M.P.(MD)No.3235 of 2023 in W.P.(MD)No.2402 of 2023 by GRSJ).
Vs.
1.The Tamil Nadu Mercantile Bank Ltd., Headquartered at, 57, VE Road, Tuticorin, Tamilnadu-628002.
2.Link Intime India Private Limited, C101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai-400083.
Also at: Surya 35, Mayflower Avenue, Sowripalayam Road, Coimbatore-641028.
3.National Securities Depository Limited (NSDL), Kences Towers, 6A, 6th Floor, 1, North Usman Road, Parthasarathi Puram, T.Nagar, Chennai- 600017.
4.Central Depository Services Limited (CDSL), 8th Floor, Metro Station, BSE Investor Service Centre, 1/4
"Imperial" A - Towers, 610, Anna Salai, Teynampet, Chennai-600018.
5.Securities and Exchange Board of India, Southern Regional Officer (SRO), D Monte Coloney, T.T.K. Road, Alwarpet, Chennai - 600 002, Tamilnadu.
(R5 is suo motu impleaded vide order dated 02.02.2023 in W.P.(MD)No.SR4990 of 2023 by GRSJ).
(R5 cause title is amended vider order dated 22.02.2023 in W.M.P.(MD)No.3236 of 2023 in W.P.(MD)No.2402 of 2023 by GRSJ).
6.Katra Holding Private Limted, Rep. by its Director, Anand Subramanian.
... Respondents (R6 is impleaded vide order dated 28.02.2023 in W.M.P.(MD)No.3547 of 2023 in W.P.(MD)No.2402 of 2023 by GRSJ).
Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, to direct the 1st and 2nd Respondent to transfer the Schedule mentioned shares namely 7,76,500 shares of the 1st Respondent - TMB, held by the 2nd petitioner (formerly known as 'R.Chinnakannan') to the name and ownership of the 1st petitioner (S.Nagaraj), pursuant to the individual representations dated 02.01.2023 and 04.01.2023 read with joint representation dated 06.01.2023 and 04.01.2023 read with joint representation dated 06.01.2023 along with rejoinder representation dated 17.01.2023.
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Date Share Certifi cate No Regd Folio No Share Holder name No of original shares No of shares as on 20.04.2022 18.12.19 R.Chinnakannan 322000 18.12.19 R.Chinnakannan 288000 10.03.19 C.Chandrammal (Legal Heir being Vallal RCK) 166500 Total number of shares 7,76,500 For Petitioner : Mr.K.Jeyamohan For Respondents : Mr.M.E.Ilango for R1.
Mr.K.Gohan for R4.
Mr.C.Prasanna Venkatesh for R5 Mr.H.Arumugam for R6.
No appearance for R2.
ORDER
The learned counsel for the petitioner seeks permission of this Court to withdraw this writ petition and also made an endorsement to that effect. 3/4
G.R.SWAMINATHAN, J.
ias 2.Permission granted. The writ petition is dismissed as withdrawn. The petitioner is permitted to file a fresh writ petition on the same cause of action. Liberty is given to the petitioner to approach the appropriate authority or forum or Court for vindicating his rights. No costs. 28.02.2023 NCC : Yes/No Index : Yes / No Internet : Yes/ No ias 28.02.2023 (3/3) 4/4