Madras High CourtWP(MD)/22602/2017dismissed as infructuous

E.Easai, Proprietor, v. Karur Vysaya Bank, Rep. By

2023-06-09Honourable Mr Justice B.Pugalendhi4 pages

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 09.06.2023 CORAM :

THE HON`BLE MR.JUSTICE B.PUGALENDHI W.P(MD) No.22602 of 2017 and WMP(MD) No.18888 of 2017 E.Easai Proprietor, M/s. Crystal Cashew Industries, 30/65B, Nedu Vilai, Edaicode Post, Kanyakumari District.

Petitioner Vs.

1.Karur Vysaya Bank, Represented by its Regional Manager, 16, AA Road, Gnanaoliv Puram Divisional Office, Madurai - 625 016.

2.Karur Vysaya Bank, Represented by its Branch Manager, 47, I Floor, Court Road, Nagercoil - 629 001.

Respondents PRAYER: Writ Petition is filed under Article 226 of the Constitution of India, praying for issuance of a Writ of Mandamus, 1/4

to direct the respondents to consider the petitioner's request dated 20.06.2017 and to allow an One Time Settlement for M/s. Christan Cashew Industries in SOD and HPMA loan account Number I) 1168.280.570 and ii) 1168.729.1628 by giving total waiver of interest and some reduction in payment of Principal amount after deducting actual payments made so far.

For Petitioner :Mr.T.Ponramkumar For R1 :Mr.A.Thiyagarajan

O R D E R

This writ petition is filed for a Mandamus, to direct the respondents to consider the petitioner's request dated 20.06.2017 for payment of loan by way of an One Time Settlement. 2.Today(09.06.2023), when this writ petition is taken up for hearing, the learned Counsel appearing for the petitioner submits that the entire loan amount has been settled and nothing survives in this writ petition. He has also made an endorsement to that effect. 3.Recording the submission made by the learned counsel 2/4

for the petitioner, this Writ Petition is dismissed as infructuous. No costs. Consequently, connected Miscellaneous petition is closed. 09.06.2023 Index: Yes/No Internet: Yes/No vrn To 1.Karur Vysaya Bank, Represented by its Regional Manager, 16, AA Road, Gnanaoliv Puram Divisional Office, Madurai - 625 016.

2.Karur Vysaya Bank, Represented by its Branch Manager, 47, I Floor, Court Road, Nagercoil - 629 001.

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B.PUGALENDHI, J vrn Order made in W.P(MD) No.22602 of 2017 and WMP(MD) No.18888 of 2017 09.06.2023 4/4