W.P.No.33372 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.01.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY W.P.No.33372 of 2024 and W.M.P.Nos.36152, 36153, 36155 and 36159 of 2024 1.C.Karuppiah 2.K.Alagammai 3.Dr.K.Karuppiah .. Petitioners vs 1.The Authorised Officer Central Bank of India, Mylapore Branch, Chennai - 600 004. 2.The Chief Manager Central Bank of India Mylapore Branch, Chennai - 600 004. 3.The Regional Head Central Bank of India, Regional Office, Chennai. 4.The Reserve Bank of India Fort Glacis, 16, Rajaji Road Fort St George, Chennai. .. Respondents __________ https://www.mhc.tn.gov.in/judis W.P.No.33372 of 2024 Prayer : Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of certiorarified mandamus calling for the records in the Impugned Withdrawal Notice dated 14.06.2024 bearing Reference No BR/MYLAPORE/2024-25:71 issued by the 2nd respondent, unilaterally revoking the Revised Sanction Letter dated 05.10.2023 (Impugned withdrawal Notice and the consequential Notice dated 30.08.2024 received on 04.09.2024) bearing Reference Nos. BR/MYLAPORE/2024-25:44 issued to the 1st and 3rd petitioners (for educational Loan A/c No. 3081747784) and BR/MYLAPORE/2023-24:103 issued to the 2nd petitioner (for Educational Loan A/c No 3081747784) for Loan Amount of Rs 7,50,000/- and BR/MYLAPORE/2024-25:44 issued to the 1st and 3rd Petitioners (for Educational Loan A/c. No 3966018929) and BR/MYLAPORE/2023-24:103 issued to the 2nd petitioner (for Educational Loan A/c. No 3966018929) for Loan Amount of Rs 47,60,000/- and quash the same as being wholly without jurisdiction, arbitrary and illegal and consequently direct the Respondents Nos. 1 to 3 to act in strict compliance with the terms of the sanction Letter dated 05.10.2023 bearing reference No.BR/MYLAPORE/2023-24:69 issued by the 2nd respondent. For Petitioners : Ms.Ksheeraja for M/s.Rahul Balaji For Respondents : Ms.V.Rajeshwari for respondents 1 to 3 : Mr.T.Poornam for 4th respondent ORDER (Order of the Court was made by the Hon'ble Chief Justice) After the petition was heard for some time, Ms.Ksheeraja, on instructions, sought leave to withdraw the petition with liberty to take such __________ https://www.mhc.tn.gov.in/judis W.P.No.33372 of 2024 action as available in accordance with law against the bank, since there are disputed questions of facts involved. 2. Petition is dismissed as withdrawn, with liberty as prayed for. There shall be no order as to costs. W.M.P.No.36152 of 2024 filed to permit petitioners to file a single writ petition is allowed. Other interim applications are closed. (K.R.SHRIRAM, C.J.) (SENTHILKUMAR RAMAMOORTHY,J.) 03.01.2025 Index : Yes/No NC : Yes/No sasi To: 1.The Authorised Officer Central Bank of India, Mylapore Branch, Chennai - 600 004. 2.The Chief Manager Central Bank of India Mylapore Branch, Chennai - 600 004. 3.The Regional Head Central Bank of India, Regional Office, Chennai. 4.The Reserve Bank of India Fort Glacis, 16, Rajaji Road Fort St George, Chennai. __________ https://www.mhc.tn.gov.in/judis W.P.No.33372 of 2024 THE HON'BLE CHIEF JUSTICE AND SENTHILKUMAR RAMAMOORTHY,J. (sasi) W.P.No.33372 of 2024 03.01.2025 __________ https://www.mhc.tn.gov.in/judis