Muthukumar v. M/S. Fedbank Financial Services Ltd

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 06.02.2023 CORAM :

THE HONOURABLE MR.JUSTICE D.KRISHNAKUMAR and THE HONOURABLE MR.JUSTICE R.VIJAYAKUMAR and WMP(MD)No.17356 of 2022 Mr.Muthukumar ... Petitioner vs.

M/s.Fedbank Financial Services Ltd., Ellis Nagar Branch, Rep. by its Authorized Officer, No.12, First Floor, Parvathi Plaza, 70 ft. Road, Ellis Nagar, Madurai.

... Respondent PRAYER : Writ Petition filed under Article 226 of the Constitution of India, for issuance of a Writ of Certiorari, calling for the records of the respondent in respect of the impugned possession notice dated 21.09.2022 and quash the same.

For Petitioner : Mr.M.Muthukumaran For Respondent : Mr.A.P.Athithanz 1/4

ORDER

(Order of the Court was made by D.KRISHNAKUMAR, J.) Challenging the possession notice dated 21.09.2022, the petitioner has filed this writ petition.

2.

Learned counsel for the petitioner submitted that the respondent has accepted the one time settlement proposal of the petitioner at Rs.37 Lakhs, out of which, the petitioner has paid Rs.6,50,000/- and the balance amount has to be paid on or before 23.05.2023.

3.

The aforesaid submission is not refuted by the learned counsel for the respondent.

4.

Thus, recording the aforesaid submissions, the Writ Petition is closed leaving it open to the petitioner to pay the remaining 2/4

outstanding amount as per the one time settlement proposal accepted by the respondent. No costs. Consequently, connected miscellaneous petition is closed.

NCC : Yes / No [D.K.K.,J.] & [R.V.,J.] Index : Yes / No 06.02.2023 Internet : Yes bala 3/4

D.KRISHNAKUMAR , J.

and R.VIJAYAKUMAR, J.

bala ORDER MADE IN DATED : 06.02.2023 4/4