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Madras High CourtWP(MD)/14914/2022disposed of

Rameshkumar .K v. The Authorised Officer

2022-11-23Honourable Mr Justice R. Mahadevan,Honourable Mr Justice J.Sathya Narayana Prasad4 pages

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 23.11.2022

CORAM:

THE HONOURABLE MR.JUSTICE R.MAHADEVAN AND THE HONOURABLE MR.JUSTICE J.SATHYA NARAYANA PRASAD W.P.(MD)No.14914 of 2022 and W.M.P.(MD)No.10669 of 2022 K.Rameshkumar ... Petitioner -Vs1. The Authorised Officer, Bandhan Bank Ltd, Gruh Centre, 1st Floor, Zion Towers, 39, Pandian Nagar, Bye-Pass Road, Kalavaasal Junction, Madurai 625 016.

2. The Registrar, Debt Recovery Tribunal, Madurai.

... Respondents PRAYER : Petition filed under Article 226 of the Constitution of India, to issue a Writ of Certiorari, calling for the records relating to the impugned possession

notice dated 11.03.2022 issued by the 1st respondent Under Section Rule 8 (1) of The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Rules, 2002 and quash the same as illegal and for other reliefs. For Petitioner : Mr.S.Ponsaravanan For Respondents : Mr.G.Muthuraman for R1 No appearance for R2

ORDER

[Order of the Court was made by R.MAHADEVAN, J.] Challenging the possession notice dated 11.03.2022, issued by the first respondent - Bank, the petitioner has filed this Writ Petition. 2.Today, when the matter was taken up for hearing, the learned Standing Counsel for the first respondent - Bank, submitted that the petitioner has not complied with the conditional interim order of this Court dated 12.07.2022.

3.At this juncture, the learned counsel for the petitioner submitted that the petitioner may be granted liberty to work out his remedy before the Debts Recovery Tribunal.

4. In view of the above submissions, this Writ Petition is closed, granting liberty to the petitioner to work out his remedy before the Debts Recovery Tribunal. No costs. Consequently, connected miscellaneous petition is closed.

[R.M.D., J.] & [J.S.N.P., J.] 23.11.2022 Index : Yes / No Internet : Yes / No pkn To The Registrar, Debt Recovery Tribunal, Madurai.

R.MAHADEVAN , J.

AND J.SATHYA NARAYANA PRASAD, J.

pkn W.P.(MD)No.14914 of 2022 23.11.2022