Disposed

Sathya Jaya Singh v. The Chief Manager

Madras HC31 Jan 2023WP(MD)/1753/2023

Case brief

AI extract

What is this about?

The Madras High Court disposed of a writ petition challenging a bank's possession notice. The petitioner undertook to pay a sum of Rs.1,00,000/- and agreed to pay the remaining balance in monthly installments. The court directed the bank not to take coercive action pending these payments.

What did the court decide?

Petitioner directed to pay Rs.1,00,000/- by 28.02.2023 and subsequent monthly installments; respondent bank directed not to take coercive action.

Sathya Jaya Singh Vs The Chief Manager — Madras HC (2023) — LawSathi Research

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W.P.(MD) No.1753 of 2023

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BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT

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DATED : 31.01.2023

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CORAM:

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THE HONOURABLE MR.JUSTICE D.KRISHNAKUMAR and

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THE HONOURABLE MR.JUSTICE R.VIJAYAKUMAR

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W.P.(MD)No.1753 of 2023 and W.M.P.(MD)No.1564 of 2023

Sathya Jaya Singh

... Petitioner

Vs.

The Chief Manager, State Bank of India, Nagercoil Branch, No.13B, Distillery Road, Nagercoil, Kanyakumari District. ... Respondent

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PRAYER : Petition filed under Article 226 of the Constitution of India, to issue a Writ of Certiorari, to call for the records pertaining to the impugned possession notice (Rule-8(1)) dated 28.12.2022 issued by the respondent and quash the same as illegal.

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_____________ Page 1 of 6_

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https://www.mhc.tn.gov.in/judis

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W.P.(MD) No.1753 of 2023

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For Petitioner : Mr.K.Gokul For Respondent : Mr.G.Radhakrishnan, Standing Counsel

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O R D E R

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[Order of the Court was made by D.KRISHNAKUMAR, J.]

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Challenging the impugned possession notice dated 28.12.2022 issued by

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the respondent, the petitioner has filed this Writ Petition.

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2. Heard Mr.K.Gokul learned counsel for the petitioner and

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Mr.G.Radhakrishnan, learned Standing Counsel, who takes notice for the respondent.

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3 . By consent, this Writ Petition is taken up for final disposal at the admission stage itself.

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4. Today, when the matter was taken up for hearing, the learned counsel appearing for the petitioner submitted that the petitioner undertakes to pay a sum

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Page 2 of 6

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https://www.mhc.tn.gov.in/judis

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W.P.(MD) No.1753 of 2023

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of Rs.1,00,000/- on or before 28.02.2022 and after deducting the said amount, pay the remaining amount in six [6] consecutive equal monthly installments, commencing from 2023 and hence, prays for appropriate orders.

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5. The learned Standing Counsel appearing for the respondent bank has agreed for the aforesaid undertaking given by the petitioner.

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6. In view of the aforesaid submission, we direct the petitioner to pay a sum of Rs.1,00,000/- on or before 28.02.2023 and after deducting the said amount, pay the remaining amount in six [6] consecutive equal monthly installments, commencing from March 2023. The monthly installments shall be paid on or before the 10^th day of every English Calendar month. Till such time, the respondent - Bank shall not take any coercive action against the petitioner. If the petitioner fails to make payment in any one of the above installments, the

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respondent - Bank is at liberty to proceed further in accordance with law.

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Page 3 of 6

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https://www.mhc.tn.gov.in/judis

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W.P.(MD) No.1753 of 2023

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7 . With the above direction, this Writ Petition is disposed of. No costs.

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Consequently, connected miscellaneous petition is closed.

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[D.K.K., J.] [R.V., J.] 31.01.2023

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NCC : Yes / No Index : Yes / No

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vsm

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Page 4 of 6

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https://www.mhc.tn.gov.in/judis

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W.P.(MD) No.1753 of 2023

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The Chief Manager, State Bank of India, Nagercoil Branch, No.13B, Distillery Road, Nagercoil, Kanyakumari District.

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Page 5 of 6

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https://www.mhc.tn.gov.in/judis

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W.P.(MD) No.1753 of 2023

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D.KRISHNAKUMAR, J. and R.VIJAYAKUMAR, J.

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vsm

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W.P.(MD)No.1753 of 2023

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31.01.2023

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_____________ Page 6 of 6_

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https://www.mhc.tn.gov.in/judis

Sathya Jaya Singh v. The Chief Manager

Case brief

What is this about?

What did the court decide?

Sathya Jaya Singh v. The Chief Manager

Case brief

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