V.Musthaffa, v. The Nbfc Ombudsman,

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 28.11.2024

CORAM:

THE HONOURABLE MR.JUSTICE G.K.ILANTHIRAIYAN and W.M.P.(MD)Nos.4683 & 4684 of 2019 V.Musthaffa ... Petitioner -Vs1.The NBFC Ombudsman, C/o.Reserve Bank of India, Fort Glacis, Chennai-600 001.

2.The Cholamandalam Investment and Finance Company Ltd., Rep. by the Branch Manager / Authorized Signatory, 11th Cross, Thillai Nagar, Near Maharastra Bank, Thiruchirappalli.

3.The Cholamandalam Investment and Finance Company Ltd., Dare House, 2 NSC Bose Road, Parrys, Chennai-1.

... Respondents P RAYER : Petition filed under Article 226 of the Constitution of India, to issue a Writ of Certiorarified Mandamus, to call for the records relating to the impugned OTS Sanction order issued by the 2nd respondent dated 1/4

27.02.2019 and quash the same insofar it provides only one day for paying the OTS amount and consequently, extent the time by 6 months for payment of the amount under OTS.

For Petitioner : Mr.G.Mohankumar For R2 & R3 : Mr.K.J.Parthasarathy

ORDER

The order of the 2nd respondent dated 27.02.2019 is under challenge in this Writ Petition.

2.Today, when the matter is taken up for hearing, the learned counsel appearing for the respondents 2 and 3 would submit that the borrower has settled the entire loan amount.

3.Recording the said submission, this Writ Petition is closed. No costs. Consequently, connected miscellaneous petitions are closed. 28.11.2024 Index : Yes / No NCC : Yes / No Yuva 2/4

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G.K.ILANTHIRAIYAN, J.

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