The petitioner, a neighbor of borrowers, challenged alleged bank irregularities, denying knowledge impact or standing. The central legal issue was locus standi. The court held the petitioner had no standing to maintain the writ petition.
Writ petition dismissed for lack of locus standi; no order as to costs.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 02.03.2021
CORAM :
THE HON'BLE MR.SANJIB BANERJEE, CHIEF JUSTICE
AND
THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY
W.P.No.4724 of 2021
G.Srinivasan ...petitioner
Vs
1 Union of India
Ministry of Finance Rep by Secretary
(Ministry of Finance) North Block
New Delhi - 110001.
2 Chairman, Indian Overseas Bank
Central Office
763 Anna Salai
Chennai - 600002.
3 General Manager
(Law Department ) IOB Central Office
763 Anna Salai
Chennai - 600002.
4 A. Selva Rangam
5 Dr. S. Suganya
6 S. Aravindhan ...Respondents
Prayer: Petition filed under Article 226 of the Constitution of India for issuance of a Writ of Direction directing the respondent 2 and Respondent 3 to expedite and take over the physical possession of these 200 Properties (Unsold-re-possessed Flats) appearing in the web site of IOB for auction sale including that of the Flat Mortgaged by the respondent 5 within 15 days under S. 13(8) r. w. S. 14 of SARFAESI Act so that these vacant Flats are handed over to the respective Prospective buyers along with the Issuance of sale Certificate and other reliefs.
For Petitioner : Mr.G.Srinivasan, Party-in-person
ORDER
(made by SENTHILKUMAR RAMAMOORTHY, J.)
The petitioner complains about the alleged irregularities by the Indian Overseas Bank in relation to loans extended to third parties.
Sd/-
Assistant Registrar(CS VI)
//True Copy//
Sub Assistant Registrar
tar
To:
1 The Secretary
Ministry of Finance
North Block
New Delhi - 110001.
2 Chairman, Indian Overseas Bank
Central Office
763 Anna Salai
Chennai - 600002.
3 General Manager
(Law Department ) IOB Central Office
763 Anna Salai
Chennai – 600002.
W.P.No.4724 of 2021
AAB(CO)
KKV/19/03/2021
1 issue framed by the court
Whether a neighbor of borrowers, who is neither a borrower nor guarantor, nor a creditor or aggrieved person, has locus standi to file a writ petition challenging bank irregularities.
G. Srinivasan
Union of India
Chairman, Indian Overseas Bank
General Manager (Law Department) IOB
A. Selva Rangam
Dr. S. Suganya
Sanjib Banerjee
Senthilkumar Ramamoorthy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
