Writ petition seeking a mandamus to constitute an MSME distress committee and consider restructuring applications under RBI notifications was withdrawn by the petitioners with an endorsement; the court dismissed it as withdrawn and closed connected miscellaneous petitions.
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WP No. 557 of 2025
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 10-12-2025
CORAM
THE HONOURABLE MR JUSTICE N. SATHISH KUMAR
WP No. 557 of 2025 and
WMP Nos.672 & 673 of 2025
2.M/s Limenaph Chemicals Private Limited Represented By Its Director, Mr. J Balram S/o Jeyasubramanian, 803 /2 Sankarankoil Road, Rajapalayam, Virudhunagar District 626 117
Petitioner(s)
Vs
2.The Board Of Directors Of State Bank Of India Represented By Its Managing Director, Local Head Office, 10, College Road, Thousand Lights West, Thousand Lights, Chennai 600 006
Respondent(s)
PRAYER
This writ petition filed under Article 226 of the Constitution of India to issue a writ of mandamus directing the Respondent No 2, Board of Directors of
WP No. 557 of 2025
the State bank of india, to constitute a committee for Distressed Micro, Small, and Medium Enterprises ( MSMEs) as contemplated in paragraph 4 and 5 of the notification dated May 29, 2015 and further to direct the committee to consider the applications of the petitioners for restructuring in accordance with the said notification and such other relevant notifications and regulations framed by the Reserve bank of India
For Petitioner(s): Mr. D.Balamurali, for Mr. B.Ramachandran
For Respondent(s): Mr. M.L. Ganesh, and S. Arun Kumar, Standing counsel For R1 And R2
ORDER
When the matter is taken up for hearing today, the learned counsel for
the petitioner seeks permission of this court to withdraw the writ petition. He has also made an endorsement to that effect.
2. Recording the submission and the endorsement made by the learned counsel for the petitione r, this Writ Petition is dismissed as withdrawn. No costs. Consequently connected miscellaneous petitions are closed.
10-12-2025
Speaking/Non-speaking order Neutral Citation:Yes/No mrp
WP No. 557 of 2025
WP No. 557 of 2025
To
1.The Authorised Officer State Bank Of India, Stressed Assets Management Branch 1112, Raja Plaza, Avinashi Road, Coimbatore 641 037
Represented By Its Managing Director, Local Head Office, 10, College Road, Thousand Lights West, Thousand Lights, Chennai 600 006
WP No. 557 of 2025
N.SATHISH KUMAR J.
mrp
WP No. 557 of 2025
10-12-2025
1 provisions across 1 enactments
Janathacem Industries Ltd represented by its Director, Mr. J Balram
M/s Limenaph Chemicals Private Limited represented by its Director, Mr. J Balram
The Authorised Officer, State Bank of India, Stressed Assets Management Branch, Coimbatore
The Board of Directors of State Bank of India represented by its Managing Director
N. Sathish Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
