T.Ramachandra Kumar v. The Authorized Officer

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 29.08.2019

CORAM:

THE HONOURABLE MR.JUSTICE K.RAVICHANDRABAABU AND THE HONOURABLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY T.Ramachandra Kumar :Petitioner .vs.

1.The Authorized Officer and Assistant General Manager, SME Branch, 306, Beach Road, Tuticorin.

2.The Authorized Officer, Stressed Assets Recovery Branch, No.8, Dr.Ambedkar Road, Vinayagar Nagar Branch First Floor, Madurai - 625 020.

3.The Assistant General Manager, Stressed Assets Recovery Branch, No.8, Dr.Ambedkar Road, Vinayagar Nagar Branch Upstairs, Madurai - 625 020.

: Respondents PRAYER: Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus directing the third respondent to extend the time granted by him to the Petitioner under OTS Scheme vide Letter dated 13.8.2018 in Ref.VSM/OTS/1819/19-C. For Petitioner :Mr.M.Saravanan For Respondents :Mr.R.Sethuraman 1,2 and 3 for Mr.N.Dilip Kumar 1/3

O R D E R

************* [Order of the Court was made by K.RAVICHANDRABAABU.,J.] This Writ Petition is filed for a mandamus to extend the time granted to the Petitioner under OTS Scheme vide Letter, dated 13.8.2018.

2.When the Writ Petition was taken up for hearing on 21.8.2019, it was represented by both sides that the matter is likely to be settled between the parties. Accordingly, we directed the Registry to list the matter for ''reporting settlement'', today. Thus, the matter is listed today for ''reporting settlement''. 3.The learned counsel for the Petitioner submitted that the bank has issued a letter, dated 28.6.2019 extending the OTS Scheme to the Petitioner and directed him to remit a sum of Rs.17 lakhs (Rupees Seventeen Lakhs only) and that the Petitioner has also paid the said sum on 28.7.2019. Therefore, he submitted that nothing remains in this Writ Petition to be adjudicated upon further and further submits that the Writ Petition may be disposed of as infructuous.

4.The learned counsel for the respondents/Bank is not disputing the above-said fact.

5.In view of the above-said submission made by both sides, this Writ Petition is disposed of as infructuous. No costs. Sd ASSISTANT REGISTRAR ( P AND A ) TRUE COPY SUB ASSISTANT REGISTRAR ( CS ) To 1.The Authorized Officer and Assistant General Manager, SME Branch, 306, Beach Road, Tuticorin.

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2.The Authorized Officer, Stressed Assets Recovery Branch, No.8, Dr.Ambedkar Road, Vinayagar Nagar Branch First Floor, Madurai - 625 020.

3.The Assistant General Manager, Stressed Assets Recovery Branch, No.8, Dr.Ambedkar Road, Vinayagar Nagar Branch Upstairs, Madurai - 625 020.

+1CC TO MR.R. SUBRAMANIAN, ADVOCATE SR 84405 +1CC TO MR.N. DILIP KUMAR, ADVOCATE SR 84632 ORDER MADE IN W.P(MD)NO.15394 OF 2019 29.08.2019 VSN MS/16.09.2019/3P.6C 3/3