Mohamed Abubackar Sithik v. M/S. Fullerton India Credit Co (Ficll) Ltd

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 29.02.2024

CORAM:

THE HONOURABLE MR.JUSTICE D.KRISHNAKUMAR and THE HONOURABLE MR.JUSTICE R.VIJAYAKUMAR W.P(MD)No.1473 of 2023 and W.M.P(MD)No.1349 of 2023 Mohamed Abubacker Sithik ... Petitioner Vs.

M/s. Fullerton India Credit,Co (FICll) Ltd, Reg Office, 3rd , No.165, Megh Towers, P.H.Road, Maduravayal, Chennai-600 095, Corporate Office at 5th and 6th Floors B Wing Supreme Business Park, Supreme City, Powai, Mumbai 400 076, rep. by its Authorized Officer J.Selvankumar .... Respondent PRAYER : Petition filed under Article 226 of the Constitution of India, to issue a Writ of Certiorarified Mandamus, calling for the records pertaining to the impugned order passed by the learned Chief Judicial Magistrate, Trichy in Crl.M.P.No.25929/2022, dated 19.12.2022 and quash the same and consequently directing the respondents to permit the petitioner to pay the future instalments as per the loan agreement.

For Petitioner :Mr.B.Jameel Arasu For Respondent :No appearance

O R D E R

[Order of the Court was made by D.KRISHNAKUMAR, J.] Challenging the order passed by the learned Chief Judicial Magistrate, Trichy in Crl.M.P.No.25929/2022, dated 19.12.2022, the petitioner has filed this writ petition.

2. However, when the matter is taken up for hearing today, the learned counsel appearing for the petitioner, would submit that pursuant to the aforesaid order passed under Section 14 of the SARFAESI Act, 2002, the possession has been taken by the respondent - Financial Institution.

3. In view of the said submission, nothing survives for further adjudication in this writ petition and therefore, this writ petition stands closed. No Costs. Consequently, connected Miscellaneous Petition is closed. [D.K.K., J.] [R.V., J.] 29.02.2024 Index :

Yes / No PM

D.KRISHNAKUMAR , J.

and R.VIJAYAKUMAR, J.

PM W.P.(MD)No.1473 of 2023 29.02.2024