Bajarangbali Iron and Steel Company v. Asset Reconstruction Company (India) Limited,

ORDER Today when the matter was taken up for hearing, the learned counsel for petitioner sought permission of this Court to withdraw the writ petition. He has also made an endorsement to that effect.

¶2Recording the submission and endorsement made by the learned counsel for petitioner, the writ petition stands dismissed as withdrawn with liberty to workout his remedy in the manner known to law. No Costs. 01-06-2026 Index: Yes/No Speaking/Non-speaking order ANU To

¶1Asset Reconstruction Company (india) Limited, The Ruby, 10th Floor, 29 Senapati Bapat marg, Dadar West Mumbai, Maharashtra -400 028

¶2Asset Reconstruction Company (India )Limited, 1G 1st Floor, Century Palaza, No.560-562, Anna Salai, Teynampet, Chennai-600 018

¶3Punjab National Bank Represented by its Chairman and Managing Page4 of 5 Director, Plot NO.4 Sector 10 dwarka, New Delhi-110075

¶4Punjab National Bank Circle Office PNB Towers 4th and 5th Floor No 46-49, Royapettah High Road Royapettah, Chennai-600014

¶5The Reserve Bank Of India Fort Glacis, 16, Rajaji Road, Fort St George, Chennai-600 001

¶6The Commissioner of Police Greater Chennai Police Vepery, Chennai - 600 007 WPoNo.o17368oofo2026 MOHAMMEDoSHAFFIQ,oJ. ANU WPoNo.o17368oofo2026 01-06-2026 Page5oofo5

Page1 of 5 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 01-06-2026 CORAM THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ Bajarangbali Iron And Steel Company Ltd., Represented by its Managing director, Mr. Subhash Agarwal, No.100-A, Basin Road, Tiruvottiyur, Chennai-600 019 ..Petitioner(s) Vs 1. Asset Reconstruction Company (India) Limited, The Ruby, 10th Floor, 29 Senapati Bapat marg, Dadar West Mumbai, Maharashtra -400 028 2. Asset Reconstruction Company (India) Limited, 1G, 1st Floor, Century Palaza, No.560-562, Anna Salai, Teynampet, Chennai-600 018 3. Punjab National Bank Represented by its Chairman and Managing Director, Plot No.4 Sector -10, Dwarka, New Delhi-110075 4. Punjab National Bank Circle Office PNB Towers 4th and 5th Floor No 46-49, Royapettah High Road Royapettah, Chennai-600014 5. The Reserve Bank Of India Fort Glacis, 16, Rajaji Road, Fort St George, Chennai-600 001 Page2 of 5 6. The Commissioner of Police Greater Chennai Police Vepery, Chennai - 600 007 ..Respondent(s) Writ Petition filed under Article 226 of the Constitution of India, seeking to issue a Writ of Mandamus, directing the Respondents No. 1 to 3 to forthwith a. Lodge a First Information Report (FIR) with the jurisdictional police station regarding the loss of the two original Sale Deeds and all related title documents. b. Cause a public notice detailing the loss of the said documents to be published in at least one widely circulated English daily and one Tamil daily newspaper in Chennai. c. Submit the necessary application and pursue the same with Respondent No.6 to obtain an official "Non-Traceable Certificate" for both the lost title deeds within 8 weeks. d. Furnish the original Non-Traceable Certificate so obtained, along with certified copies of the lost deeds from the concerned Sub-Registrar's office and an up-to-date Encumbrance Certificate for both properties, to the Petitioner, at their own cost. e. Direct the 1st, 2nd, 3rd and 4th Respondents to indemnify the Petitioner against any future claims or title disputes that may arise due to their negligence in safe custody of the documents ii. Award appropriate compensation to be paid to the Petitioner by the 1st, 2nd, 3rd and 4th Respondents towards the loss incurred by the Petitioner due to the diminution of the property value due to the loss of original title deeds. iii. Order an exemplary compensation to the Petitioner towards the mental agony that he has been put through due to the delay and harassment that he faced in receipt of the original documents even after he has settled the loan amount as early as March 2009. iv. Award the costs of this petition. Page3 of 5 For Petitioner(s): Mr.A.Vivekanandan