WP No. 20462 of 2022 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 13-03-2026 CORAM THE HON'BLE MR JUSTICE KRISHNAN RAMASAMY WP No. 20462 of 2022 Indo Japan Polymers Pvt Ltd., Rep. by its Managing Director Kaushik A.Palicha ..Petitioner(s) Vs 1. Citi Bank NA, No.163, Anna Salai, Chennai-600 002. 2. Reserve Bank of India, Fort Glacis, No.16, Rajaji Salai, Chennai-600 001. ..Respondent(s) Prayer: This writ petition is filed under Article 226 of the Constitution of India, praying to issue a Writ of Mandamus directing the 1st Respondent to issue a ‘No Dues’ Certificate and Release the Mortgage on Petitioner’s Property as the loan has heen fully repaid, in compliance with Clause 2.5.2 (iv) (c) of the 2nd Respondent’s Master Circular RBI/2015-16/95, DBR.No.Dir.BC.10/13.03.00/2015-16 dated July 1, 2015, that is binding on the 1st Respondent under Section 35A of the Banking Regulation Act, 1949. For Petitioner(s) : Mr.Sanjay Pinto For Respondent(s) : No appearance ORDER When the matter was taken up for hearing, learned counsel for the petitioner submitted that the prayer in this writ petition has become infructuous. https://www.mhc.tn.gov.in/judis WP No. 20462 of 2022 __________ Page2 of 3 2. Recording the aforesaid submission, this writ petition is dismissed as infructuous. No costs. 13-03-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No VM To: 1. Citi Bank NA, No.163, Anna Salai, Chennai-600 002. 2. Reserve Bank of India, Fort Glacis, No.16, Rajaji Salai, Chennai-600 001. https://www.mhc.tn.gov.in/judis WP No. 20462 of 2022 __________ Page3 of 3 KRISHNAN RAMASAMY, J. VM WP No. 20462 of 2022 13-03-2026 https://www.mhc.tn.gov.in/judis