K. Natarajan v. the General Manager
Case brief
What is this about?
Madras High Court, WP No.14235 of 2025, decided 23.04.2025 (K.R.Shriram, CJ; Mohammed Shaffiq, J). K.Natarajan v. General Managers, Canara Bank (Chennai/Bangalore), C.Karthikeyan and the Authorised Officer, Canara Bank Asset Recovery Management Branch, Coimbatore. Challenge under Article 226 by writ of certiorarified mandamus to auction notice dated 11.03.2025 under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) read with proviso to Rule 8(6) of the Security Interest (Enforcement) Rules 2002, concerning property of M/s.Sri Krishna Food Products, S.F.No.307/3B, Pallamarathottam, Pothiyampalayam, S.S.Kulam, Coimbatore. Petition dismissed as withdrawn with liberty to approach the Debts Recovery Tribunal; no order as to costs; WMP Nos.16007 and 16006 of 2025 disposed of; Court clarified no observation made on merits. No cases cited; no amounts awarded.