S.Murugasan, S/O.Samikannu v. The Regional Director,

THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 15.04.2019

CORAM:

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.4496 of 2019 and W.M.P.(MD)No.3569 of 2019 S.Murugasan ... Petitioner Vs 1.The Regional Director, The Reserve Bank of India, 16, Rajaji Salai, Fort Glaces, Chennai - 600 001.

2.The Chairman, State Bank of India, State Bank Bhavan, Mumbai - 400 021.

3.The General Manager, State bank of India-Local Head Office, 10, College Road, Thousand Lights West, Chennai- 600 006.

4.The Zonal Manager, The State Bank of India Zonal Office, No.2, Maduram Complex, Dr.Ambedkar Road, Madurai.

5.The Branch Manager, The State Bank of India, No.136, Salai Street, Ramanathapuram.

... Respondents PRAYER: Petition filed under Article 226 of the Constitution of India to issue a Writ of Mandamus direct the fifth respondent herein to close the education term loan Account No.30403464258 and consequently to unhold a sum of Rs.1,44,074/- of the Guarantor namely C.Balauru in SB Account No.10776952827, by considering the petitioner's representation dated 11.02.2019 in accordance with law within time stipulated by this Court.

https://hcservices.ecourts.gov.in/hcservices/ For Petitioner : Mr.D.Balamurugapandi For R5 : Mr.Ananth C.Rajesh

ORDER

Heard the learned counsel on either side.

2.The petitioner's son had availed Educational Term Loan from the respondent bank. One Thiru. Balauru had furnished guarantee for the re-payment of the said loan. It appears that the said Education Loan account could not be closed on account of some dispute with regard to computation. As a result, the guarantor's SB Account has also be put on hold. In this regard, the petitioner has given a representation dated 11.02.2019.

3.The fifth respondent is directed to take a decision on the said representation within a period of three weeks from the date of receipt of a copy of this order and intimate the petitioner. If the petitioner is still aggrieved, the petitioner is always at liberty to approach the Banking Ombudsman, Chennai for redressal of his grievances.

4.Accordingly, this writ petition is disposed of. No costs. Consequently, connected miscellaneous petition is closed. Sd/- Assistant Registrar // True Copy // Sub Assistant Registrar(CS) To The Zonal Manager, The State Bank of India Zonal Office, No.2, Maduram Complex, Dr.Ambedkar Road, Madurai.

+1cc to Mr.Aanath C.Rajesh, Advocate, SR.No. 61100 +1cc to Mr.D.Balamurugapandi, Advocate, SR.No.61133 W.P.(MD)No.4496 of 2019 and W.M.P.(MD)No.3569 of 2019 15.04.2019 pnn KK/SAR/07.05.2019/ 2P- 4C https://hcservices.ecourts.gov.in/hcservices/