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2025 DAILYLAW 194670 (MAD)

THE AUTHORISED OFFICER v. M/S.SIVA EDUCATIONAL TRUST

WP/41802/2025 · 2025-11-11

G Arul Murugan

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

W.P.No.41802 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 11.11.2025 CORAM : THE HONOURABLE MR. MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN W.P.No.41802 of 2025 The Authorised Officer Union Bank of India Asset Recovery Branch Represented by Authorized Officer/Chief Manager PB No.8, 235, 1st Floor Oppanakara Street Coimbatore - 641 001. .. Petitioner Vs. 1. M/s. Siva Educational Trust Represented by its Managing Trustee N.Yoganandasivam Having Office At S.F.No.205/3g & 205/28 Zamin Kottampatty Village Samathur (Post) Coimbatore District- 642 123. 2. N.Yoganandasivam .. Respondents ____________ https://www.mhc.tn.gov.in/judis W.P.No.41802 of 2025 Prayer : Petition filed under Article 226 of the Constitution of India seeking a writ of Mandamus, seeking a direction against the DRT, Coimbatore, to take up and dispose of SA No.624 of 2024 within a time frame as granted by this Hon’ble Court. For Petitioner : Ms.Ananda Gomathy ORDER (Order of the Court was made by the Hon'ble Chief Justice) Learned counsel for bank would submit that S.A. pending before the Debts Recovery Tribunal, remains undecided and there is an interim order operating against the bank, due to which, bank is unable to realise debt from the secured creditor. 2. We do not know how many cases filed prior to S.A. in the present case are pending consideration before the Debts Recovery Tribunal. However, we would observe that in cases where stay has been granted by the Debts Recovery Tribunal, hearing of those cases should be expedited and concluded as early as possible, ____________ https://www.mhc.tn.gov.in/judis W.P.No.41802 of 2025 keeping in view that because of the interim order, bank is unable to realise its debt from the borrower. 3. Petition is disposed of. (MANINDRA MOHAN SHRIVASTAVA, CJ) (G.ARUL MURUGAN,J) 11.11.2025 Index : Yes/No Neutral Citation : Yes/No kpl ____________ https://www.mhc.tn.gov.in/judis W.P.No.41802 of 2025 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J. (kpl) W.P.No.41802 of 2025 11.11.2025 ____________ https://www.mhc.tn.gov.in/judis