Extracted from the PDF above. The PDF is authoritative.
WP No.27997 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 29.07.2025 CORAM THE HON'BLE MR.MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MUMMINENI SUDHEER KUMAR WP No. 27997 of 2025 Shenbagam Govindharaji D/o. Govindharaji, D.No.8,186/2,Sandhaipettai, Kadayampatti, Salem District -636
351. Petitioner(s) Vs The Authorised Officer Union Bank Of India, Asset Recovery Branch, 816,Oppanakara Street, Coimbatore -641 001. Respondent(s) PRAYER Petition filed under Article 226 of the Constitution of India seeking issuance of Writ of Mandamus directing the Respondent to refund or adjust the forfeited amount of 6,20,000/-(Rupees Six Lakhs and Twenty Thousand Only) towards the current transaction or, refund, the forfeited sum in favour of the Petitioner. https://www.mhc.tn.gov.in/judis
WP No.27997 of 2025 For Petitioner(s): M/s. K.Jayaganga * * * * * ORDER (Order of the Court was made by the Hon'ble Chief Justice) After hearing the learned counsel for the petitioner and in view of the alternative efficacious remedy provided under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, we are not inclined to entertain the petition, more so, when there are no extraordinary grounds raised warranting interference without insisting on availing of alternate remedy. Petition is dismissed, with liberty to approach the Debts Recovery Tribunal. There shall be no order as to costs.
(MANINDRA MOHAN SHRIVASTAVA, CJ.)(MUMMINENI SUDHEER KUMAR, J.) 29.07.2025 Index : Yes/No Neutral Citation : Yes/No sra https://www.mhc.tn.gov.in/judis
WP No.27997 of 2025 THE HON'BLE CHIEF JUSTICE AND MUMMINENI SUDHEER KUMAR
, J.
(sra) To The Authorised Officer, Union Bank of India, Asset Recovery Branch, 816, Oppanakara Street, Coimbatore 641 001. WP No.27997 of 2025 29.07.2025 https://www.mhc.tn.gov.in/judis