V.Palaniappan v. The Reserve Bank Of India

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 06.06.2025

CORAM:

THE HONOURABLE MR.JUSTICE S.M.SUBRAMANIAM AND THE HONOURABLE DR.JUSTICE A.D.MARIA CLETE V.Palaniappan ... Petitioner Vs.

1.The Reserve Bank of India, No.6, Rajaj Road, Fort St. George, Chennai.

2.The South Indian Bank Limited, Anna Nagar Branch, Represented by its Senior Manager, No.19, HIG, 80 Feet Road, Anna Nagar, Madurai.

... Respondents PRAYER: Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, to cancel the impugned proceedings in Ref.BR/0625/BM/059/2024-2025, dated 01.03.2025 issued by the 2nd Respondent and consequently direct the 2nd Respondent to release the 2nd item of the property comprised in Plot No. 20 admeasuring to 2730 Sq.ft., Plot No.20, Thiruvalluvar Nagar and appurtenant thereon stated in S.Nos.155/9 & 155/4 (Sub Division Nos. 155/4B, 155/9B in Patta No.1366) situated at Thiruvalluvar Nagar, 1/4

Kodikulam I Bit Village,, Madurai East Taluk, Madurai District as per the petitioner's representation dated 25.02.2025. For Petitioner :

Mr.D.Gurusamy For Respondent :

Mr.K.R.Lakshman - For R1 Mr.T.Thevan - For R2

O R D E R

[Order of the Court was made by S.M.SUBRAMANIAM, J.] A letter dated 03.06.2025 issued by the second respondent-Bank accepting the petitioner's proposal for One Time Settlement has been produced before this Court.

2. In view of the said letter dated 03.06.2025, no further adjudication on merits needs to be undertaken.

3. Accordingly, this Writ Petition is closed. There shall be no order as to costs.

[S.M.S., J.] [A.D.M.C., J.] 06.06.2025 Index:Yes/No Internet:Yes/No NCC:Yes/No abr 2/4

To The Reserve Bank of India, No.6, Rajaj Road, Fort St. George, Chennai.

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S.M.SUBRAMANIAM, J.

and DR.A.D.MARIA CLETE, J.

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