B.Lakshmipathiraj v. The Union of India

ORDER (Order of the Court was made by the Hon'ble Chief Justice) Learned counsel for petitioners seeks liberty to withdraw the writ petition with liberty to avail appropriate remedy in accordance with law.

¶2With the aforesaid liberty, this writ petition is dismissed as withdrawn. There shall be no order as to costs. W.M.P.No.28021 of 2026 seeking to permit petitioners to join together and file a single writ petition is ordered as individual court fee has already been paid. Consequently, other interim applications are also dismissed. (SUSHRUT ARVIND DHARMADHIKARI,CJ) (G.ARUL MURUGAN,J)

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¶1The Union of India Rep. by its Secretary to Government, Ministry of Finance, Department of Financial Services, 3rd Floor, Jeevan Deep Bilding, Sansad Marg, New Delhi - 110001.

¶2The Reserve Bank of India Represented by its Director WRMP 4Q9 New Central Office Building, Sahid Bhagatsingh Road Fort Mumbai State of Maharashtra - 400001.

¶3The Reserve Bank of India Rep. by its Regional Director, Regional Office, Fort Glasis No.16, Rajaji Salai Chennai – 600 001.

¶4The Authorized Officer Bank of India Asset Recovery Management Branch, Star House, 324, Oppanakara Street, Coimbatore – 641 001. THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J.

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13.07.2026

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 13.07.2026 CORAM : THE HONOURABLE MR. SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN & W.M.P.Nos.28021, 28023 & 28027 of 2026 1. B.Lakshmipathiraj S/o. Late C.Balasubramanian 57-1, New Police Station Street, Dharapuram – 638 656 Tiruppur District. 2. Saraswathi W/o. Late C.Balasubramanian 57-1, New Police Station Street, Dharapuram – 638 656 Tiruppur District. Petitioner(s) Vs 1. The Union of India Rep. by its Secretary to Government, Ministry of Finance, Department of Financial Services, 3rd Floor, Jeevan Deep Bilding, Sansad Marg, New Delhi - 110001. 2. The Reserve Bank of India Represented by its Director WRMP 4Q9 New Central Office Building, Sahid Bhagatsingh Road Fort Mumbai State of Maharashtra - 400001. 3. The Reserve Bank of India Rep. by its Regional Director, Regional Office, Fort Glasis No.16, Rajaji Salai Chennai – 600 001. 4. The Authorized Officer Bank of India Asset Recovery Management Branch, Star House, 324, Oppanakara Street, Coimbatore – 641 001. 5. Suriyakala W/o. Saravanan No.207/1, Drasar Thottam, Boopathy Nagar, Arcot, Vellore District – 632 503. 6. G.Nandhini S/o. Ganesh No.5/11, Jawaharlal Street, Near Kaliyammankovil, Big Kanchipuram, Kancheepuram-631 502. 7. M.Sangeetha Advocate Commissioner No.24/89, First Floor, Poombuhar East Palladam Road, Tiruppur. Respondent(s) Prayer : Petition filed under Article 226 of the Constitution of India seeking a writ of Certiorarified Mandamus calling for the entire records relating to the impugned order passed in Crl.M.P.No.8191 of 2024 on the file of the Chief Judicial Magistrate, Tiruppur dated 01.04.2026 passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and quash the same as illegal and consequently forbear the respondents 4 and 7 taking all steps for possession of the secured assets which is including the running firm. For Petitioner(s): Mr.C.M. Ganesan For Respondent(s): Mr.U.M.Shankar for R1