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Madras High CourtWP(MD)/5233/2023dismissed

M/S. Vimalanandha Educational Charitable Trust v. The Regional Director

2023-03-10Honourable Mr Justice R. Subramanian,Honourable Mrs Justice L.Victoria Gowri4 pages

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 10.03.2023

CORAM:

THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN and THE HONOURABLE MRS.JUSTICE L.VICTORIA GOWRI and W.M.P.(MD) No.4925 of 2023 M/s.Vimalanandha Educational Charitable Trust A Trust represented by its Chairman R.Murugananthan ... Petitioner -vs1.The Regional Director Reserve Bank of India 16, Rajaji Salai Fort Glasis Chennai-600 001 Tamilnadu 3.The Karur Vysya Bank rep.by its Authorized Officer Asset Recovery Management Branch R.S.No.170/7, Uthangudi Near Mattuthavani Bus Stand Madurai-625 107

4.The Manager Karur Vysya Bank Salai Street Ramanathapuram Ramanathapuram District 5.M.Sivasankar Advocate Commissioner Lawyers' Chamber Bar Association Ramanathapuram Ramanathapuram District ... Respondents PRAYER: Petition filed under Article 226 of the Constitution of India, to issue a writ of mandamus directing the respondents 2 & 3 to consider and pass an order on the petitioner's One Time Settlement proposal dated 27.02.2023. For Petitioner :

Mr.R.Murugappan For Respondents :

Mr.V.Sugumar, Standing Counsel, for R2 & R3

O R D E R

[Order of the Court was made by R.SUBRAMANIAN, J.] Prayer in this writ petition reads as follows: "For the reasons stated in accompanying Affidavit, it is therefore prayed that this Hon'ble Court may be pleased to issue Orders or Directions or Writs in the nature of WRIT OF MANDAMUS directing the Respondents 2 & 3 to consider and

pass an order on the Petitioner's One Time Settlement proposal dated 27.02.2023 and pass such further or other orders as the Hon'ble Court may deem fit and proper in the fact and circumstances of the case and thus render justice."

2. We do not think we can grant such a mandamus, which will interfere with the contract between the parties. Hence, the writ petition is dismissed. No costs. Consequently, connected miscellaneous petition is closed.

[R.S.M., J.] [L.V.G., J.] 10.03.2023 NCC :

Yes / No Index :

Yes / No Internet :

Yes / No krk

R.SUBRAMANIAN , J.

and L.VICTORIA GOWRI , J.

krk and W.M.P.(MD) No.4925 of 2023 10.03.2023