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2025 DAILYLAW 57601 (MAD)

M/S. SUGANTHI EDUCATION TRUST v. M/S.CFM ASSET RECONSTRUCTION

WP/17326/2025 · 2025-05-22

G R Swaminathan, V Lakshminarayanan

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

W.P.No.17326 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 22.05.2025 CORAM : THE HONOURABLE MR. JUSTICE G.R.SWAMINATHAN AND THE HONOURABLE MR. JUSTICE V.LAKSHMINARAYANAN W.P.No.17326 of 2025 and W.M.P.Nos.19637 & 19641 of 2025 1. M/s.Suganthi Educational Trust, Represented by its Managing Trustee, Dr. Sujatha Balasubramanian, Having its Administrative Office at No.15, Corporation Colony, Kodambakkam, Chennai 600 024. 2. M/s.Sujatha Balasubramaian, W/o.Mr.C.Balasubramanian, No.15, Corporation Colony, Kodambakkam, Chennai 600 024. 3. Dr.Ba.S.Rohini Jayapriya, D/o.Mr.C.Balasubramaian, No.15, Corporation Colony, Kodambakkam, Chennai 600 024. https://www.mhc.tn.gov.in/judis W.P.No.17326 of 2025 4. Mr.C.Balaasubramanianan, S/o.Late Mr.Chelliah Pillai, No.15, Corporation Colony, Kodambakkam, Chennai 600 024. Petitioners Vs M/s.CFM Asset Reconstruction Private Limited., (Acting in its Capacity As Trusty of CFMSRC Trust -1 KVB), Registered Office at Block No.A 1003, West Gate, New YMCA Club, S.No.835 /1-3, S.G.Highway, Makartha, Ahmedabad, Gujarat 380 051. Respondent PRAYER Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of Certiorarified Mandamus, to call for the records of the impugned order vide I.A.No.838 of 2025 in S.A.No.262 of 2025, on the file of the Debt Recovery Tribunal 3, Chennai, dated 17.04.2025 and quash paragraph 8 of the order to the extent of fixing time limit to comply with the condition and consequently grant time for a period of 4 weeks from 21.04.2025 thereby enabling the petitioners to deposit 15% of the outstanding amount in the order dated 20.03.2025 passed by the Chief Judicial Magistrate, Chengalpattu. For Petitioners: Mr.Anuradha Balaji For Respondent: Mr.Abishek Jenasenan https://www.mhc.tn.gov.in/judis W.P.No.17326 of 2025 ORDER (Order of the Court was made by G.R.Swaminathan, J.) Learned counsel for the petitioners seeks leave to withdraw the writ petition with liberty to file an appropriate petition/appeal before the jurisdictional Debts Recovery Tribunal. 2. The writ petition is dismissed as withdrawn with liberty as prayed for. All the contentions of the petitioners are left open. There shall be no order as to costs. Consequently, W.M.P.No.19641 of 2025 is closed. W.M.P.No.19637 of 2025 filed to permit the petitioners to file a single writ petition is ordered, inasmuch as the petitioners have paid separate court-fees. (G.R.S.,J.) (V.L.N., J.) 22.05.2025 Index : Yes/No Neutral Citation : Yes/No bbr/vum https://www.mhc.tn.gov.in/judis W.P.No.17326 of 2025 To M/s.CFM Asset Reconstruction Private Limited., (Acting in its Capacity As Trusty of CFMSRC Trust -1 KVB), Registered Office at Block No.A 1003, West Gate, New YMCA Club, S.No.835 /1-3, S.G.Highway, Makartha, Ahmedabad, Gujarat 380 051. https://www.mhc.tn.gov.in/judis W.P.No.17326 of 2025 G.R.SWAMINATHAN ,J. and V.LAKSHMINARAYANAN, J. bbr/vum W.P.No.17326 of 2025 22.05.2025 https://www.mhc.tn.gov.in/judis