Dismissed¶28

M/s. The Purasawakum Permanent v. Government of India

Madras HC6 Jul 2026WP/24641/2014

Case brief

AI extract

What is this about?

Withdrawal order — Madras High Court, WP No.24641 of 2014, decided 06-07-2026 by Dr.G.Jayachandran J. (bench with Mrs.N.Mala J.). Petitioner: M/s. The Purasawakum Permanent Fund Limited; respondents: Ministry of Corporate Affairs (Secretary, Joint Secretary, Regional Director Southern Region). Original grievance: quashing Rule 11(3) of Nidhi Rules 2014 (notification GSR.No.258(E) dated 02.04.2014) as ultra vires Section 406(3) of the Companies Act, 2013. Petition withdrawn with endorsement; permission granted; dismissed as withdrawn; no costs. No merits decision, no precedent applied.

What did the court decide?

Permission to withdraw the Writ Petition granted; Writ Petition dismissed as withdrawn with no costs. ¶28

M/s. The Purasawakum Permanent Vs Government of India — Company and Corporate | Madras HC (2026)

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WP No.24641 of 2014

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

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DATED: 06-07-2026

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CORAM

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THE HON'BLE DR JUSTICE G. JAYACHANDRAN

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AND

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THE HON'BLE MRS.JUSTICE N. MALA

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WP No.24641 of 2014

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M/s.The Purasawakum Permanent Fund Limited, 173, Vellala Street, Purasawakkam, Chennai-600 084, Rep. by its Administrative Director Mr. T.S.Ravishankar.

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..Petitioner(s)

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Government of India, Rep. by Secretary, Ministry of Corporate Affairs, New Delhi.

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Joint Secretary, Ministry of Corporate Affairs, New Delhi.

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Regional Director, (Southern Region), Ministry of Corporate Affairs, Shastri Bhavan, 26, Haddows Road, Chennai-600 006.

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..Respondent(s)

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PRAYER : For Certiorari to call for the records of the respondents relating to Rule 11(3) of the Nidhi Rules 2014 issued in notification GSR.No.258(E) dated 02.04.2014 and quash Rule 11(3) of the Nidhi Rules, 2014 as ultra vires the provision of Section 406 (3) of the Companies Act, 2013.

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Page1 of 4

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

WP No.24641 of 2014

For Petitioner(s):

M/s.T.K.Bhaskar

For Respondent(s): Mr.Venkataswamy Babu, Senior Panel Counsel.