S.Subramanian v. Jm Financial Asset Reconstruction Company Limited

Madras HC2 Jan 2025WP/16103/2024

Case brief

AI extract

What is this about?

Withdrawal of writ petition with liberty to apply to Debt Recovery Appellate Tribunal; certiorari against Debts Recovery Tribunal III, Chennai order dated 24.05.2024 in S.A.No.268/24; Article 226 Constitution of India; JM Financial Asset Reconstruction Company Limited as Trustee of JMFARC-Karnataka Bank Ltd; dismissed as withdrawn; no order as to costs; Madras High Court; K.R. Shriram CJ; Senthilkumar Ramamoorthy J; W.M.P.Nos.17628 & 33964 of 2024; no merits decided, limited precedential value.

What did the court decide?

Liberty to apply to the Debt Recovery Appellate Tribunal for the same relief. ¶23-24

S.Subramanian Vs Jm Financial Asset Reconstruction… — Writ and Judicial Review | Madras HC (2025)

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W.P.No.16103 of 2024

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

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DATED: 02.01.2025

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CORAM :

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THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE

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AND

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THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY

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W.P.No.16103 of 2024 &

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W.M.P.Nos.17628 & 33964 of 2024

S.Subramanian

.. Petitioner

Vs.

JM Financial Asset Reconstruction Company Limited Acting In Its Capacity as Trustee of JMFARC-Karnataka Bank Ltd 7th Floor, Cnergy Appasaheb Marathe Marg Prabhdevi, Mumbai-400 025. .. Respondent

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Prayer : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of Certiorari to all for the records pertaining to the order dated 24.05.2024 in S.A.No.268/24 by Debts Recovery Tribunal III, Chennai and quash the same as illegal arbitrary.

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Page 1 of 4

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

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W.P.No.16103 of 2024

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For Petitioner : Mr.S.Sethuraman For Mr.A.Arokia Satheesh For Respondent : Mr.Surya Teja S.S. Nalla

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ORDER

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(Order of the Court was made by the Hon'ble Chief Justice)

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Counsel for petitioner submits that leave be given to withdraw the

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applications and petition with liberty to apply to Debt Recovery Appellate Tribunal for the same relief.

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The applications with the writ petition are dismissed as

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withdrawn, with liberty as prayed for. There shall be no order as to costs.

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(K.R.SHRIRAM, CJ) (SENTHILKUMAR RAMAMOORTHY,J.) 02.01.2025 Index : Yes/No Neutral Citation : Yes/No

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kpl

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Page 2 of 4

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

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W.P.No.16103 of 2024

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JM Financial Asset Reconstruction Company Limited Acting In Its Capacity as Trustee of JMFARC-Karnataka Bank Ltd 7th Floor, Cnergy Appasaheb Marathe Marg Prabhdevi, Mumbai-400 025.

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___________ Page 3 of 4_

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

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W.P.No.16103 of 2024

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THE HON'BLE CHIEF JUSTICE AND SENTHILKUMAR RAMAMOORTHY,J.

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(kpl)

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W.P.No.16103 of 2024