Palanisamy.E.N v. The Deputy General Manager
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 18.10.2022
CORAM:
THE HONOURABLE MR.JUSTICE R.MAHADEVAN and THE HONOURABLE MR.JUSTICE J.SATHYA NARAYANA PRASAD and W.M.P(MD)No.16781 of 2022 E.N.Palanisamy ... Petitioner vs.
1.The Deputy General Manager, State Bank of India, Stressed Asset Recovery Management Branch, 1112, Raja Plaza, Avinashi Road, Coimbatore - 641 037.
2.The Chief Manager, State Bank of India, Stressed Asset Recovery Management Branch, 1112, Raja Plaza, Avinashi Road, Coimbatore - 641 037.
3.N.Shivachalam, Liquidator, M/s.CAV Cotton Mills Private Limited, 12, Govindarujulu Street, (Stains Road), Avinashi Road, Tiruppur - 641 602.
... Respondents PRAYER : Writ Petition filed under Article 226 of the Constitution of India praying for issuance of a Writ of Mandamus, directing the first and second 1/4
respondents to come out with a scheme for One Time Settlement as per their banking norms by considering the communication, dated 10.08.2022. For Petitioner : Mr.M.Vallinayagam Senior Advocate for Mr.R.Niresh Kumar For RR 1 & 2 : Mr.M.L.Ganesh Standing Counsel
ORDER
(Order of the Court was made by R.MAHADEVAN, J.) Today, when the matter was taken up for hearing, the learned counsel appearing for the petitioner submitted that the Writ Petition may be closed with liberty to the petitioner to work out his remedy before the appropriate forum and he has also made an endorsement to that effect. 2.Recording the submission and endorsement made by the learned counsel appearing for the petitioner, this Writ Petition is closed with liberty as prayed for. No costs. Consequently, connected Miscellaneous Petition is closed.
[R.M.D.,J.] [J.S.N.P.,J.] Index : Yes / No 18.10.2022 Internet : Yes ps 2/4
To 1.The Deputy General Manager, State Bank of India, Stressed Asset Recovery Management Branch, 1112, Raja Plaza, Avinashi Road, Coimbatore - 641 037.
2.The Chief Manager, State Bank of India, Stressed Asset Recovery Management Branch, 1112, Raja Plaza, Avinashi Road, Coimbatore - 641 037.
3/4
R.MAHADEVAN ,J.
and J.SATHYA NARAYANA PRASAD,J.
ps ORDER MADE IN DATED : 18.10.2022 4/4