Sahuvardeen v. The Regional Director

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 08.04.2025

CORAM:

THE HONOURABLE MR.JUSTICE VIVEK KUMAR SINGH Sahuvardeen : Petitioner Vs.

1. The Regional Director, Reserve Bank of India, 16, Rajaji Salai, Fort Glacis, Chennai - 600 001.

2. Veritas Finance Limited, SKCL Central Square 1, South and North Wing, 7th Floor, Unit C28-C35, CIPET Road, Thiru Vi Ka Industrial Estate, Guindy, Chennai - 600 032.

3. The Authorized Officer, Collection Manager (Head), Veritas Finance, W4jx Plus 6CV, Managiri, Kk Nagar, Madurai.

: Respondents PRAYER: Writ Petitions filed under Article 226 of the Constitution of India for issuance of Writ of Mandamus, directing the third respondent to consider the petitioner's representation dated 22.03.2025 and to grant 3 months time to repay the balance amount of Rs.2,00,000/-. 1/4

For Petitioner : Mr.S.A.Ajmal Khan

O R D E R

This Writ Petition has been filed seeking a direction to the the third respondent to consider the petitioner's representation dated 22.03.2025 and to grant three months time to repay the balance amount of Rs.2,00,000/-.

2. Heard the learned counsel for the petitioner. Having regard to the nature of the order proposed to be passed in this writ petition, notice to the respondents 2 and 3 is dispensed with.

3. It is not in dispute that the respondents 2 and 3/Company is the Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). It is a settled law that the writ petition is not maintainable as against the Non-Banking Financial Company (NBFC) and accordingly, the Writ Petition stands dismissed. There shall be no order as to costs.

08.04.2025 Index : Yes / No Internet : Yes / No PKN 2/4

To The Regional Director, Reserve Bank of India, 16, Rajaji Salai, Fort Glacis, Chennai - 600 001.

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VIVEK KUMAR SINGH, J.

PKN W.P.(MD) No.9870 of 2025 08.04.2025 4/4