Shanmuganathan S v. M/S. Equitas Small Finance Bank Ltd.,

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT Date : 09.04.2025

CORAM

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE P.B.BALAJI W.P.(MD)No.11220 of 2023 and W.M.P.(MD)Nos.9797, 9798 & 9800 of 2023 S.Shanmuganathan ... Petitioner Vs M/s. Equitas Small Finance Bank Ltd., No. 2nd Floor Sree Naga Arcade, No.5 William Road Near Seva Sangam School (Upstairs), Cantonment Trichy, Rep. by its Legal Manager.

... Respondents PRAYER:- Writ Petition filed under Article 226 of the Constitution of India, to issue a Certiorarified Mandamus, to call for records pertaining to the impugned order passed under Section 14 of (SARFAESI Act) in Cr.M.P. 116 of 2023 dated 28.02.2023 on the file of Chief Judicial Magistrate, Pudukkottai and set aside the same as illegal and consequently direct the respondent bank to re surrender the possession taken from the petitioner.

For Petitioner : Ms.A.Arul Jenifer For Respondent : Mr.R.M.Ajay Parthiban 1/3

O R D E R

(Order of the Court was made by the Hon'ble the Chief Justice) Counsel for the Bank states that conditional order has been complied with, all amounts paid and the account has also been closed.

2. Ms.A.Arul Jenifer, counsel for petitioner, states, in view thereof, petition be disposed.

3. Petition is disposed. There shall be no order as to costs. Consequently, connected interim applications stand closed. [K.R.SHRIRAM, C.J.] [P.B.BALAJI, J.] 09.04.2025 NCC : Yes/No Index : Yes/No MR 2/3

THE HON'BLE CHIEF JUSTICE AND P.B.BALAJI, J.

MR ORDER IN W.P.(MD)No.11220 of 2023 Date : 09.04.2025 3/3