Petition seeking writ directing bank to refrain from action under Section 14 of SARFAESI Act without notice under Section 13(4) was dismissed as withdrawn by the court.
Petition dismissed as withdrawn with liberty to file appeal before the Tribunal within one week.
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 20-01-2015
CORAM:
THE HON'BLE MR. JUSTICE SATISH K. AGNIHOTRI and THE HON'BLE MR. JUSTICE M. VENUGOPAL W.P.No.32359 of 2014 and M.P.No.1 of 2014
1 Mr. Munuswamy Selvamani S/o. Mr. L.Munusamy No.15 Srinivasa Road T.Nagar Chennai-17. Petitioner Vs 1 The Hong Kong & Shanghai Banking Corporations Ltd. Acting through Mr.Renny J.Mampilly Vice-President Dest. Management Office No.30 Rajaji Salai Chennai-1. Respondent
Petition under Article 226 of the Constitution of India praying for a mandamus directing the respondent bank restraining from taking measures under Section 14 of the SARFAESI Act 2002 without issuing notice under Section 13(4) of the SARFAESI Act 2002 and to consider the petition dated 02.12.2014 made by the petitioner seeking for one time settlement of the loan A/c.No. 138-078092-881 of the petitioner in respect of the property situated at Kasturi Estate, I Street, Poes Garden, CEEBROS TIVOLI, Teynampet, Chennai-86.
For petitioner Mr. M. Vivekanandan For respondents Mr. K.S. Natarajan ORDER (Order of the Court is made by SATISH K. AGNIHOTRI,J.)
The learned counsel for the petitioner has made an endorsement to the effect that the petition may be dismissed as withdrawn with liberty to file an appeal before the Tribunal, within a period of one week. Recording the same, the writ petition is dismissed as
withdrawn, with liberty as prayed for. No costs. The connected miscellaneous petitions are also dismissed.
Sd/-
Assistant Registrar
//True Copy//
Sub Assistant Registrar
glp
TO
+ 1 cc to Mr.M. Vivekanandan, Advocate SR.3279
+ 1 cc to Mr.K.S. Natarajan, Advocate SR.2949
W.P.No.32359 of 2014
and M.P.No.1 of 2014
Sk(CO)
Eu 05.02.15
2 provisions across 1 enactments
M. Munuswamy Selvamani
Hong Kong & Shanghai Banking Corporation Ltd.
SATISH K. AGNIHOTRI
M. VENUGOPAL
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
