S.Muralidharan v. The Authorized Officer

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT Date : 30/10/2024

CORAM

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR. JUSTICE MOHAMMED SHAFFIQ and WMP(MD) No.22105 of 2024 S.Muralidharan ... Petitioner Vs

1. The Authorized Officer, Canara Bank, Cantonment Branch, No.21, Madurai Road, Trichy - 620020.

2. The Authorized Officer, Canara Bank, Asset Recovery Management Branch, 1st Floor, Regional Office, Muthaiah Towers, Williams Road, Trichy - 620 001.

... Respondents PRAYER :- Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Certiorarified Mandamus, calling for the entire records relating to the impugned Sale Notice issued by the 2nd respondent dated 09.10.2024 and quash the same as illegal and unconstitutional and consequently direct the respondents 1 and 2 to formulate a revival and rehabilitation scheme for the petitioners Unit as per the MSME - Development Act, 2006 within the time stipulated by this Court.

For Petitioner : Mr.V.Panneerselvam for Mr.B.Balavijayan, 1/3

For Respondents : Mr.C.Deepak Standing Counsel

ORDER

(Order of the Court was made by the Hon'ble the Chief Justice) After the petition was heard for sometime, counsel sought leave to withdraw the petition. Counsel stated petitioner will approach the bank for an one time settlement.

2. Mr.F.Deepak states he has no instructions to agree or reject petitioner's offer of one time settlement.

3. We have expressed no opinion. Petition is dismissed as withdrawn. There shall be no order as to costs. Consequently, connected interim application also stands dismissed.

(K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ, J.) 30.10.2024 NCC : Yes/No Index : Yes/No RR THE HON'BLE CHIEF JUSTICE 2/3

AND MOHAMMED SHAFFIQ, J.

RR

ORDER

IN WP(MD) No.26080 of 2024 Date : 30/10/2024 3/3