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2026 DAILYLAW 54829 (MAD)

M/s.Hotel Karthik International, v. The Authorized Officer,

WP/6967/2026 · 2026-07-22

G Arul Murugan

Transfer Petitionbody2026

Judgment text

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WP.No.6967 of 2026 __________ IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 22-07-2026 CORAM THE HON'BLE MR.SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN WP . No.6967 of 2026 and WMP . N o .7581 of 2026 M/s.Hotel Karthik International, Represented by its Partner R.R.Balasubramaniam S/o.R.Raghunathan, 81/4, Raja Street, Sanjay Nagar, Erode -638001. ..Petitioner Vs The Authorized Officer, City Union Bank Limited, Erode Branch, No.907, Pannerselvam Park, Erode -638 011. ..Respondent PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus directing the Respondent Bank to calculate the 90 days limitation as per Rule 9(4) of the Security Interest (Enforcement) Rules 2002 excluding the period spent by the Respondent Bank and the Petitioner before the District Commercial Court at Salem and this Court (and corresponding extend the time limitation for the petitioner to make the balance payment of Rs. 14,78,5,000/-towards the property taken in auction by the Petitioner on 26/11/2025 under SARFAESI Proceedings) in the Interest of Justice and equity. https://www.mhc.tn.gov.in/judis WP.No.6967 of 2026 __________ For Petitioner: Mr.S.Silambanan Senior Counsel for M/s.Kaavya Silambanan Associates For Respondent: Mrs.Jaya Ganga for Mrs.Ananda Gomathi ORDER (Order of the Court was made by The Hon'ble Chief Justice) Learned Senior Counsel appearing for the petitioner seeks permission of this Court to withdraw the writ petition. 2. In view of the same, the writ petition is dismissed as withdrawn. There shall be no order as to costs. Consequently, connected miscellaneous petition is closed. (SUSHRUT ARVIND DHARMADHIKARI, CJ.) (G.ARUL MURUGAN, J.) 22-07-2026 Index: Yes/No Neutral Citation: Yes/No hvk To The Authorized Officer, City Union Bank Limited, Erode Branch, No.907, Pannerselvam Park, Erode -638 011. https://www.mhc.tn.gov.in/judis WP.No.6967 of 2026 __________ SUSHRUT ARVIND DHARMADHIKARI, CJ. AND G.ARUL MURUGAN , J. hvk WP.No.6967 of 2026 22-07-2026 https://www.mhc.tn.gov.in/judis