Tamilnadu Mercantile Bank Limited v. The Debts Recovery Tribunal

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT Special Original Jurisdiction Monday, the Thirty First day of July Two Thousand and Twenty Three PRESENT The Hon`ble Mr.Justice S.S.SUNDAR AND The Hon`ble Mr.Justice D.BHARATHA CHAKRAVARTHY Tamilnadu Mercantile Bank Ltd., Chinthamani Branch Rep. by its Authorized Officer 248-B Rekha Towers Kamarajar Salai Madurai - 625 009

... Petitioner Vs 1 The Debts Recovery Tribunal Kalyani Towers No.4/162 Madurai-Melur Road (Near Meenkashi Mission Hospital) Uthangudi Post Madurai-625 107 2 M/s.Kwality Steels Rep.By its Proprietor Mr.V.Shanmugasundaram Door No.204 Maharajan Industrial Area Viraganoor Post Madurai-625 009 3 V.Shanmugasundaram

4 Tamilselvi ... Respondents

Prayer :- Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus directing the 1st respondent to dispose the Securitisation Application in SA.No.141/2017 as expeditiously within a time framed fixed by this Honourable Court and pass such further or other orders as this Honble Court may deem fit and proper in the circumstances of the case and thus render justice.

ORDER:- This Writ Petition coming on for hearing on this day in the caption for "Extension of time" and upon perusing the earlier order of this court dated

26.04.2023, and the requisition letter submitted by the Debts Recovery Tribunal, Madurai vide the letter dated 20.06.2023, this Court made the following order: " Vide letter No. SA 141/2017-DRT-MDU, dated 20.06.2023, the Registrar (I/C), DRT, Madurai is seeking extension of time for three months to dispose of the sarfaesi application, citing huge workload and additional charge of the presiding officer, DRI, Coimbatore. Considering the reasons stated in the aforesaid letter, three months time is granted from the date of receipt of copy of this order to the presiding Officer, DRI, Madurai, to dispose of SA.No.141/17." Sd/- Assistant Registrar(CS-III) // True Copy // /09/2023 Sub Assistant Registrar(CS ) bala To The Debts Recovery Tribunal Kalyani Towers No.4/162 Madurai-Melur Road (Near Meenkashi Mission Hospital) Uthangudi Post Madurai-625 107 Copy to: The Section Officer, Writ Section, Madurai Bench of Madras High Court, Madurai

ORDER DATED : 31/07/2023 ========================== ORDER ==========================

Giving direction and etc. as stated within.

AMS/30.08.2023 3P 3C Madurai Bench of Madras High Court is issuing certified copies in this format from 17/07/2023