Disposed¶21

Pro Knits v. the Authorised Officer

Madras HC19 Mar 2025WP/7768/2025

Case brief

AI extract

What is this about?

Madras High Court, W.P.No.7768 of 2025, decided 19.03.2025; Pro Knits v. Authorised Officer, Canara Bank (Coimbatore); mandamus for statement of account on ECGC claim of Rs.18,64,04,059/- and property sale proceeds (letter dated 1.8.2024); disposed of on bank's undertaking to furnish details within two weeks without prejudice; Article 226 Constitution of India; advocates: B.Suresh/B.Ramachandran for petitioner, M.L.Ganesh for respondent; coram K.R. Shriram, C.J. and Mohammed Shaffiq, J.

What did the court decide?

Respondent bank to furnish within two weeks, without prejudice to its rights and contentions, the details sought in the petitioner's letter dated 1.8.2024 regarding appropriation of the ECGC claim and sale proceeds; no order as to costs. ¶21

Pro Knits Vs the Authorised Officer — Writ and Judicial Review | Madras HC (2025)

¶1

W.P.No.7768 of 2025

¶2

IN THE HIGH COURT OF JUDICATURE AT MADRAS

¶3

DATED: 19.03.2025

¶4

CORAM :

¶5

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

¶6

THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ

¶7

W.P.No.7768 of 2025 and W.M.P.No.8730 of 2025

¶8

M/s.Pro Knits, rep. by its Partner S.Ravikumar SF No.460, A B Nagar, Gandhi Nagar Post, Tiruppur-641 602.

¶9

.. Petitioner

¶10

¶11

The Authorised Officer, Canara Bank, Asset Recovery Management Branch, Gujarati Samaj Building, 661-1, Mettupalayam Road, R.S. Puram, Coimbatore-641 002. .. Respondent

¶12

Prayer : Petition under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing the respondent to furnish a detailed statement of accounts specifying the manner in which the ECGC claim of Rs.18,64,04,059/- and the sale proceeds of already sold properties have been appropriated, including an itemized breakdown of the application of each payment towards principal, interest and any other charges as requested by the petitioner vide its letter dated 1.8.2024.

¶13

Page 1 of 4

¶14

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

¶15

W.P.No.7768 of 2025

¶16

For Petitioner : Mr.B.Suresh for Mr.B.Ramachandran For Respondent : Mr.M.L.Ganesh

¶17

ORDER

¶18

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

¶19

The prayer in the petition is limited.

¶20

Shri Ganesh undertakes to file vakalatnama on behalf of respondent. Shri Ganesh states that bank will provide the details sought in the letter dated 1^st August, 2024 without prejudice to bank's rights and contentions. The details shall be provided within two weeks. Statement accepted.

¶21

Petition is disposed of. There shall be no order as to costs. Consequently, interim application stands closed.

¶22

(K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ, J.)

¶23

19.03.2025

¶24

Index : Yes/No NC : Yes/No

¶25

___________ Page 2 of 4_

¶26

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

¶27

W.P.No.7768 of 2025

¶28

bbr

¶29

¶30

The Authorised Officer, Canara Bank, Asset Recovery Management Branch, Gujarati Samaj Building, 661-1, Mettupalayam Road, R.S. Puram, Coimbatore-641 002.

¶31

___________ Page 3 of 4_

¶32

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

¶33

W.P.No.7768 of 2025

¶34

THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ,J.

¶35

bbr

¶36

W.P.No.7768 of 2025