Madras High CourtWP(MD)/16968/2017withdrawn dismissed

M/S.Sri Kandhan Rugs Exports v. The Authorized Officer,

2017-10-24Honourable Mr Justice Abdul Quddhose,Honourable Mr Justice M. Venugopal2 pages

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 24.10.2017

CORAM:

THE HONOURABLE MR.JUSTICE M.VENUGOPAL AND THE HONOURABLE MR.JUSTICE ABDUL QUDDHOSE W.P.(MD)No.16968 of 2017 and W.M.P(MD)Nos.13532 and 13533 of 2017 M/s.Sri Kandhan Rugs Exports(P) Ltd., 149, Palaniandavar Kovil Street, Bhavani - 638 301, Rep. by its Managing Director, G.Sadaiyaraj : Petitioner .vs.

1.The Authorized Officer, State Bank of India, Stressed Assets Recovery Branch, No.377/1, Dr.Nanjappa Road, N.S.Palaniappa Nursing Home Backside, Coimbatore - 18.

2.State Bank of India, Rep. by its Branch Manager, SME Branch, Bhajanai Kovil Street, Bhavani - 638 301.

3.The Presiding Officer, Debts Recovery Tribunal, IV, Floor, Kalyani Tower, Melur Road, Madurai.

: Respondents PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying this Court for issuance of a Writ of Certiorarified Mandamus calling for the records pertaining to the order dated 05.09.2017 made in I.A.No.1511 of 2017 in S.A.No.301 of 2017 on the file of the 3rd Respondent and quash the same and consequently direct the Respondents to consider the request of the Petitioner for sale of the properties under Private Treaty in terms of Rule 8(5) of the Security Interest (Enforcement) Rules, 2002.

For Petitioner : Mr.S.Suresh for M/s.Aiyar & Dolia https://hcservices.ecourts.gov.in/hcservices/

For Respondents 1 & 2 :Mr.A.R.M.Ramesh Standing Counsel for SBI

O R D E R

************* [Order of the Court was made by M.VENUGOPAL, J.] The learned counsel for the Petitioner has made an endorsement in the Writ Petition, seeking permission of this Court, to withdraw this Writ Petition.

2.Recording the aforesaid fact and the endorsement so made, the Writ Petition is dismissed as withdrawn. Consequently, connected Miscellaneous Petitions are closed. No costs. Sd/- Assistant Registrar /True Copy/ Sub Assistant Registrar To 1.The Authorized Officer, State Bank of India, Stressed Assets Recovery Branch, No.377/1, Dr.Nanjappa Road, N.S.Palaniappa Nursing Home Backside, Coimbatore - 18. 2.The Branch Manager State Bank of India, SME Branch, Bhajanai Kovil Street, Bhavani - 638 301.

3.The Presiding Officer, Debts Recovery Tribunal, IV,Floor, Kalyani Tower,Melur Road, Madurai.

+1cc to M/S.A.R.M.RAMESH, Advocate SR.No.83587 pm MAS/JC/SAR2:02.11.2017:2P-5C ORDER MADE IN W.P.(MD)No.16968 of 2017 and W.M.P(MD)Nos.13532 and 13533 of 2017 24.10.2017 https://hcservices.ecourts.gov.in/hcservices/