Petitioner seeks writ to reschedule a non-performing loan account. Court directs the Branch Manager to decide the representation on merits within three weeks without adjudicating merits.
Third respondent directed to pass orders on the representation on merits within three weeks from receipt of a copy of this order.
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1 W.P.(MD)NO.1642 OF 2021
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 23.02.2021 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.1642 of 2021 and W.M.P.(MD)No.1388 of 2021
C.Ravichandran, Proprietor, M/s.Sreemun Fish Nets,No.9-90,Avarivilai, Mylaudy Post, Kanyakumari District.
Kanyakumari District. ... Petitioner Vs. 1. The Manging Director, The Tamil Nadu Industrial Investment Corporation (TIIC), Head Quarters, No.692, Anna Salai, Nandanam, Chennai – 600 035.
Prayer: Writ petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondents to regularise the petitioner's borrower account number 001350851 by re-scheduling or revising the payment schedule on the basis of the petitioner's representation dated 19.01.2021.
For Petitioner : Mr.V.Balaji For Respondents : Mr.G.Murugan
O R D E R
Heard the learned counsel on either side.
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2 W.P.(MD)NO.1642 OF 2021
Assistant Registrar (CS-I)
// True Copy //
/ /2021 Sub Assistant Registrar(CS)
PMU
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To:
W.P.(MD)No.1642 of 2021 23.02.2021
(SJ)CO
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1 issue framed by the court
Whether the incumbent Branch Manager is directed to dispose of the petitioner's request for loan account rescheduling.
C.Ravichandran
The Managing Director, The Tamil Nadu Industrial Investment Corporation (TIIC)
The Regional Manager, The Tamil Nadu Industrial Investment Corporation (TIIC)
The Branch Manager, Tamil Nadu Industrial Investment Corporation (TIIC)
G.R.Swaminathan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
