Sree Saraswathi Mills Limited v. The Centralprovident Fund

ORDER Earlier, this Court on 23.03.2026, had directed the petitioner to operate the amount. However, the petitioner was refrained from operating the amount for which reason the petitioner approached this Court by filing a Contempt Petition, which was closed on 05.06.2026, pursuant to which the petitioner is before this Court seeking clarification on the same.

¶2The learned counsel for the petitioner submits that the attachment of the property in S.No.309/1 situated at Saraswathi Nagar, Karthikeyapuram Village, Tiruttani Taluk still holds good. It is made clear that this Court had only quashed the sale process and not the attachment.

¶3The learned counsel for the petitioner further submits that the property will not be and cannot be encumbered in any manner. Further the learned counsel argued that it is mentioned in the sale proclamation notice that the properties are valued at Rs.4,35,00,000/-.

¶4Since the property worth about Rs.4,35,00,000/- is already under attachment, even according to the counsel for the petitioner and not disputed by the counsel for the Respondent, the bank account of the petitioner can be operated.

¶5Accordingly, the petitioner can operate his bank account and the concerned respondent shall instruct the bank to permit the petitioner to operate his bank account.

¶6With the above observation, this petition is closed. K. SURENDER,J. 20-07-2026

(½) vum K.SURENDER J. vum To

1.The CentralProvident Fund Commissioner and Secretary Central Board of Trustees, EPF, 14M Bhikaiji Cama Place, New Delhi 110066.

2.Central Board of Trustee, EPF EPF, 14M Bhikaiji Cama Place, New Delhi 110066.

3.Central Board of Trustees, EPF, Rep. by its Chairman,14M Bhikaiji Cama Place, New Delhi 110066.

4.Regional PF commissioner -I Employees Provident fund Office, Regional Office, Vellore 632 009.

5.The Assistant Provident Fund Commissioner, Recovery Officer, S-1 TNHB, Phase III, Sathuachari Vellore 632 009.

6.The Recovery Officer, Employees Provident Fund Office, Regional Office, Vellore.

7.The Tamil Nadu Mercantile Bank Adyar Branch, Rep. by its Branch Manager, No.35/17, 1st main Road, Gandhi Nagar, Adyr, Cheennai 600 020. in WP No. 7473 of 2026

20.07.2026

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 20-07-2026 CORAM THE HONOURABLE MR.JUSTICE K. SURENDER WMP No.24967 of 2026 in WP No.7473 of 2026 Sree Saraswathi Mills Limited Rep. by its Managing Director, N.Shanmughasundaram, Post Bag No.1, Saraswathi Nagar, Tirrutani Taluk, Thiruvalluvar District 631 211. Petitioner Vs 1. The Central Provident Fund Commissioner and Secretary Central Board of Trustees, EPF, 14M Bhikaiji Cama Place, New Delhi 110066. 2.Central Board of Trustee, EPF 14M Bhikaiji Cama Place, New Delhi 110066. 3.Central Board of Trustees, EPF, Rep. by its Chairman, 14M Bhikaiji Cama Place, New Delhi 110066. 4.Regional PF Commissioner -I Employees Provident fund Office, Regional Office, Vellore 632 009. 5.The Assistant Provident Fund Commissioner, Recovery Officer, S-1 TNHB, Phase III, Sathuachari, Vellore 632 009. 6.The Recovery Officer, Employees Provident Fund Office, Regional Office, Vellore. 7.The Tamil Nadu Mercantile Bank Adyar Branch, Rep. by its Branch Manager, No.35/17, 1st main Road, Gandhi Nagar, Adyar, Cheennai 600 020. Respondents For Petitioner: Ar.T.D.Vasu for Mr.AR.M.Arunachalam For Respondents Mr.P.K.Panneer Selvam for R1 to R6 Mr.A.Karthikeyan for R7