R.V. Prakash, v. M/S. Tamilnadu Industrial
Case brief
What is this about?
W.P. No. 3434 of 2006 | High Court of Judicature at Madras | decided 08-12-2025 | Justice D. Bharatha Chakravarthy | Petitioner: R.V. Prakash | Respondents: M/s. Tamil Nadu Industrial Investment Corporation (Branch Hosur); R. Sadasivam | Article 226, Constitution of India; Writ of Declaration | challenge to auction of scheduled property held 20.09.1996 by first respondent as null and void | account settled by borrower, no-due certificate issued, account closed (communication dated 01.12.2025) | writ petition closed, no costs | counsel for petitioner had no instructions | auction validity not adjudicated.
What did the court decide?
In view of the respondents' submission that the borrower had settled the entire account, a no-due certificate had been issued and the account closed, the Court found that nothing further remained to be adjudicated in the writ petition, recorded that position, and closed the writ petition with no order as to costs. The validity of the 1996 auction was not adjudicated.