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2026 DAILYLAW 51755 (MAD)

M.Magudeeswaran v. The Reserve Bank of India

WP(MD)/20406/2026 · 2026-07-17

C V Karthikeyan, R Sakthivel

Transfer Petitionbody2026

Judgment text

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WP(MD) No. 20406 of 2026 __________ Page1 of 4 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 17-07-2026 CORAM THE HON'BLE MR JUSTICE C.V. KARTHIKEYAN AND THE HON'BLE MR.JUSTICE R.SAKTHIVEL WP(MD) No. 20406 of 2026 and W.M.P.(MD)Nos.15101 & 15103 of 2026 M.Magudeeswaran ..Petitioner(s) Vs 1. The Reserve Bank of India Fort Glacisi, No.16, Rajaji Salai, Chennai. 2. The General Manager Canara Bank, Registered Head Office at 2nd Floor, Canara Bank Building, AM Street, Ballard Estate, Mumbai - 40038. 3. The Chief Manager Canara Bank, Madurai Specialised Arm Branch (6291), St.Marys Campus, East Veli Street, Madurai - 625 001. 4. The Chief Manager Canara Bank, Palani Branch, No.228, PPN Plaza, RF Road, Palani - 624 604. 5. K.Kittusamy ..Respondent(s) https://www.mhc.tn.gov.in/judis WP(MD) No. 20406 of 2026 __________ Page2 of 4 Writ Petition, filed under Article 226 of the Constitution of India, praying this court to issue a Writ of Certiorarified Mandamus, to call for the records of the 3rd respondent made in REF- ARM MDU 296 2027-2027 GG Dated 22.06.2026 and quash the same as illegal and consequently direct the 3rd and 4th Respondents to return all the original title deeds pertaining to the loan account 10108201002643 and its Memorandum of deposit of title deed (MODTD) register at Sub-register Office, Palani Joint 1, Dindigul District belongs to the 5th respondent herein by receiving the balance due amount pertaining to the above loan account or else, return the amount paid by the petitioner in the said loan account to the value of Rs.4,00,00,000/- on various dates with interest at 18 percent per annum based on the petitioner’s representation dated 18.06.2026. For Petitioner(s): Mr.G.Radhakrishnan For Respondent(s): Mr.P.Pethu Rajesh (RR2, 3 & 4) Mr.S.Yogeswaran (R5) ORDER (Order of the Court was made by C.V.Karthikeyan J.) Learned Counsel for the petitioner has made the following endorsement: “This Hon’ble Court permit to withdraw this writ petition.” https://www.mhc.tn.gov.in/judis WP(MD) No. 20406 of 2026 __________ Page3 of 4 2.Recording the same, this writ petition stands dismissed as withdrawn. Consequently, connected miscellaneous petitions are closed. There shall be no order as to costs. (C.V.K.,J.) (R.S.V.,J.) 17-07-2026 ta https://www.mhc.tn.gov.in/judis WP(MD) No. 20406 of 2026 __________ Page4 of 4 C.V.KARTHIKEYAN, J. AND R.SAKTHIVEL, J. ta WP(MD) No. 20406 of 2026 17-07-2026 https://www.mhc.tn.gov.in/judis