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Madras High CourtWP(MD)/16836/2021closed

Sri Avigna Holdings v. Icici Bank Ltd.,

2023-11-07Honourable Mr Justice N. Anand Venkatesh4 pages

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 07.11.2023

CORAM:

THE HON'BLE MR.JUSTICE N.ANAND VENKATESH and W.M.P(MD).No.13717 of 2021 Sri Avigna Holdings Rep.by its Chief Executive, C.S.Navin Kumar ... Petitioner Vs.

1.ICICI Bank Limited, Rep.by its Chief Manager, Regional Head Office, Jaganathapuram 3rd Main Road, Velachery, Chennai-600 042.

2.ICICI Bank Limited, Rep.by its Chief Manager, Palani Branch, No.55/272, New Dharapuram Road, Dindigul District.

... Respondents Prayer: Writ petition is filed under Article 226 of the Constitution of India, for the issuance of Writ of Mandamus, directing the respondents to consider the petitioner's representation dated 04.08.2021 for restructure of the moratorium period of the loan by 24 months (excluding the period of six months already granted) as per the Reserve Bank of India 1/4

regulatory guidelines for resolution frame work for Covid-19 related cases in circular No.1.0 dated 06.08.2020 and Circular 2.0 dated 04.05.2021.

For Petitioner : Mr.K.R.Krishnan For Respondents : No-appearance

ORDER

This Writ Petition has been filed for issuance of a writ of Mandamus directing the respondents Bank to consider the re-structuring of loan, considering Covid-19 pandemic.

2. The relief sought for in this writ petition no longer survives, since the pandemic period is over long back and no orders can be passed at this length of time.

3. Accordingly, this Writ Petition is closed. There shall be no order as to costs. Connected miscellaneous petition is closed. 07.11.2023 Index :Yes/No Internet : Yes/No ssb 2/4

To 1.ICICI Bank Limited, Rep.by its Chief Manager, Regional Head Office, Jaganathapuram 3rd Main Road, Velachery, Chennai-600 042.

2.ICICI Bank Limited, Rep.by its Chief Manager, Palani Branch, No.55/272, New Dharapuram Road, Dindigul District.

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N.ANAND VENKATESH.J., ssb Order made in Dated :

07.11.2023 4/4