AGS RATHNA STORES PRIVATE LIMITED v. THE AUTHORIZED OFFICER
WP/39764/2025 · 2025-10-24
G Arul Murugan
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 221468 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 221468 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
W.P.No.39764 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 24.10.2025
CORAM :
THE HONOURABLE MR. MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN W.P.No.39764 of 2025 and W.M.P.Nos.44677 and 44680 of 2025 1.AGS Rathna Stores Private Limited Rep. by its Director, G.Amutha, W/o. S.Ganesh No.91, Pondy Bazaar T.Nagar, Chennai - 600 017. 2.G.Amutha W/o. S.Ganesh, No.3, Lakshmi Narasiman Street, T.Nagar, Chennai - 600 017. 3.Shravanthi Ganesh No.16, Vyasar Street Thyagaraya Nagar, Chennai – 600 017. 4.S.Ganesh No.2, Lakshmi Narasiman Street, T.Nagar, Chennai - 600 017. 5.Kodai Valley View Resorts Pvt. Ltd, Rep. by its Director G.Amutha Door No.8/58 ,8/59 Post Office Road, Kodaikanal, Dindigul District - 624 101. Petitioners ______________ https://www.mhc.tn.gov.in/judis
W.P.No.39764 of 2025 Vs
1. The Authorized Officer Canara Bank, Teynampet Branch No.563/1 Anna Salai (Ground Floor) Teynampet, Chennai - 600 018. 2.Oxina Land Developers Pvt. Ltd Rep. by its MD, Jeyakarna, S/o.Late Karuppaiah, Office At - Door No.37, Bishop Road, Puthur, Thiruchirapalli - 620 017. Respondents PRAYER
: Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of certiorarified mandamus calling for records and order passed by the Debts Recovery Tribunal-III, Chennai, on 28.07.2025 in SA.No.96/2024 and quash the same and cancel the sale that took place on 11.03.2024 in pursuant to the subsequent sale notice dated 20.02.2024. For Petitioners: Mr.A.Arunbabu For Respondents: Mr.V.Kadhirvelu Panel Standing Counsel for respondent No.1
ORDER (Order of the Court was made by the Hon'ble Chief Justice) After having given a patient hearing to learned counsel for the petitioners, we are not convinced that this case involves any exceptional circumstances, viz., violation of principles of natural ______________ https://www.mhc.tn.gov.in/judis
W.P.No.39764 of 2025 justice or absence of jurisdiction or mala fides, so as to entertain this petition without insisting on exhaustion of alternative remedy of appeal before the Debt Recovery Appellate Tribunal. Keeping all the issues open for consideration, we dismiss this petition, though with liberty to the petitioners to approach the Debt Recovery Appellate Tribunal. There shall be no order as to costs. WMP No No.44677 of 2025 filed to permit the petitioners to join together and file a single writ petition is allowed. Other interim application stands closed.
(MANINDRA MOHAN SHRIVASTAVA, CJ) (G.ARUL MURUGAN,J)
24.10.2025 Index : Yes/No Neutral Citation : Yes/No sasi To: The Authorized Officer Canara Bank, Teynampet Branch No.563/1 Anna Salai (Ground Floor) Teynampet, Chennai - 600 018. ______________ https://www.mhc.tn.gov.in/judis
W.P.No.39764 of 2025 ______________ https://www.mhc.tn.gov.in/judis
W.P.No.39764 of 2025 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J. (sasi)
W.P.No.39764 of 2025
24.10.2025 ______________ https://www.mhc.tn.gov.in/judis