M/S.Nandhi Dall Mills, v. Icici Bank Ltd.,

BEFORE THE MADRUAI BENCH OF MADRAS HIGH COURT DATED : 23.09.2016 CORAM :

THE HONOURABLE MR.JUSTICE M.SATHYANARAYANAN AND THE HONOURABLE MS.JUSTICE V.M.VELUMANI C.R.P.(MD)No.1146 of 2016 & C.M.P.(MD)No.5678 of 2016 1.M/s.Nandhi Dall Mills, Rep. by its Partners, 270, Narasimman Road, Shevapet, Salem - 636 002.

2.Shri.S.A.Kumar 3.Smt.K.Jeyanthi 4.Shri.S.K.Arun 5.M.Sundareswwaran :Petitioners/Petitioners/Defendants 1 to 5 Vs.

ICICI Bank Ltd., Rep. by its Authorised Signatory, 3rd Floor, ICICI Bank, No.1, Cenotapsh Road, Teynampet, Chennai - 600 018.

: Respondent/Respondent/Appellant Prayer : Petition filed under Article 227 of the Constitution of India, against the order dated 04.09.2015, made in I.A.No.1865 of 2015 in O.A.No.925 of 2015, on the file of Debts Recovery Tribunal, Madurai.

For Petitioners : Mr.M.Vallinayagam Senior Counsel for Mr.M.Arun Murugan For Respondent : Mr.A.Anbalakan

O R D E R

(Order of the Court was made by M.SATHYANARAYANAN, J.) Heard Mr.M.Vallinayagam, learned Senior Counsel assisted by Mr.M.Arun Murugan, learned counsel for the petitioners and Mr.A.Anbalakan, learned counsel appearing for the respondent.

2. After advancing arguments for sometime, the learned Senior Counsel appearing for the revision petitioners on instructions, seeks permission of this Court to withdraw this civil revision https://hcservices.ecourts.gov.in/hcservices/

petition with liberty to pursue the remedy against the orders passed in I.A.No.1865 of 2015, by the Registrar (In-charge), Debts Recovery Tribunal, Madurai and the counsel on record has also made an endorsement to that effect.

3. In the light of the endorsement made, this civil revision petition is dismissed as withdrawn with liberty as prayed for. It is open to the respective learned counsel for the parties to urge all the points available to them under law before the appropriate authority. The Debts Recovery Tribunal, Coimbatore, whichi is In-charge of Debts Recovery Tribunal, Madurai, is directed to accord priority and dispose of I.A.No.1167 of 2016, filed to raise the attachment, as expeditiously as possible, in any event, not later than within four weeks from the date of receipt of a copy of this order. No costs. Consequently, connected miscellaneous petition is closed.

Sd/ Assistant Registrar(AS) /TRUE COPY/ Sub Assistant Registrar To The Debts Recovery Tribunal, Madurai.

Copy to 1.The Debts Recovery Tribunal, Coimbatore.

2.The Section Officer, E.R.Section, Madurai Bench of Madras High Court,Madurai.

(to return the original impugned order) +1cc to M/S.A.Anbalakan, Advocate in SR.No.55376 C.R.P.(MD)No.1146 of 2016 & C.M.P.(MD)No.5678 of 2016 23.09.2016 smn2 PA/CK/SAR II/04.10.2016/2P/5C https://hcservices.ecourts.gov.in/hcservices/