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M/S.A.P.Steel & Alloys vs The Authorized Officer
2022 Latest Caselaw 7805 Mad

Citation : 2022 Latest Caselaw 7805 Mad
Judgement Date : 13 April, 2022

Madras High Court
M/S.A.P.Steel & Alloys vs The Authorized Officer on 13 April, 2022
                                                                         W.P(MD)No.7025 of 2022

                                  BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT

                                                  DATED : 13.04.2022

                                                         CORAM:

                                    THE HONOURABLE MR.JUSTICE PARESH UPADHYAY
                                                       and
                                     THE HONOURABLE MR.JUSTICE R.VIJAYAKUMAR

                                              W.P(MD)No. 7025 of 2022
                                      and WMP(MD) No.5343, 5344 & 5346 of 2022

                     1.M/s.A.P.Steel & Alloys,
                       Rep. by its Partner
                       D.Purushothaman,
                       No.65/4, Sukkampatti Road,
                       Vengaimandalam Village,
                       Moovanoor Post, Musiri Taluk,
                       Tiruchirappalli.

                     2.P.Subashini

                     3.D.Purushothaman

                     4.P.Sanjai Kumar                                          .. Petitioners
                                                            Vs

                     1.The Authorized Officer,
                       Canara Bank,
                       ARM Branch, Muthiyya Towers,
                       No.1, Royal Road,
                       Tiruchirappalli – 620 001.

                     2. The Branch Manager,
                        Canara Bank, Teppakulam Branch,
                        Trichy.                                               .. Respondents


                                    Writ Petition filed under Article 226 of the Constitution of
                     India praying for the issuance of a Writ of Certiorarified Mandamus
                     calling for the records relating to the impugned auction sale notices
                     issued by the first respondent in his proceedings Nil dated
https://www.mhc.tn.gov.in/judis
                     1/5
                                                                                W.P(MD)No.7025 of 2022

                     25.02.2022 and 10.03.2022 and quash the same as illegal and
                     without jurisdiction and consequently directing the respondents to
                     permit the petitioner to redeem the land and machineries morefully
                     described at Column 5 of the detailed terms and conditions of the
                     sale dated 30.03.2022 annexed along with the impugned sale
                     notices dated 25.02.2022, on payment of the entire reserve
                     price/sale price as indicated in the impugned e-auction sale notices.


                                  For Petitioner          : Mr.B.Saravanan
                                  For Respondents         : Mr.C.Deepak
                                                            for R1 and R2

                                                         ORDER

[Made by PARESH UPADHYAY, J.]

The petitioner challenges the auction sale notice dated 25

February 2022 as amended by notice dated 10 March 2022. The

prayer clause reads as under:

“Writ Petition filed under Article 226 of the

Constitution of India praying for the issuance of a

Writ of Certiorarified Mandamus calling for the

records relating to the impugned auction sale

notices issued by the first respondent in his

proceedings Nil dated 25.02.2022 and 10.03.2022

and quash the same as illegal and without

jurisdiction and consequently directing the

respondents to permit the petitioner to redeem the

https://www.mhc.tn.gov.in/judis

W.P(MD)No.7025 of 2022

land and machineries morefully described at

Column 5 of the detailed terms and conditions of

the sale dated 30.03.2022 annexed along with the

impugned sale notices dated 25.02.2022, on

payment of the entire reserve price/ sale price as

indicated in the impugned e-auction sale notices.”

2. From record it transpires that, the outstanding

amount, as per the impugned notice dated 25 February 2022 is

Rs.30,08,51,384=90 (Rupees Thirty Crores Eight Lakhs Fifty One

Thousand Three Hundred and Eighty Four and Paise Ninety only).

3. At the outset, learned advocate for the petitioner

has submitted that, the sale has already taken place on 30 March

2022. There is also an averment to that effect in the affidavit filed

in support of the petition.

4. We find that, at this stage, it would not be proper

to entertain this petition.

5. We note that, learned advocate for the petitioner

has addressed the Court at length, including by referring to decision

https://www.mhc.tn.gov.in/judis

W.P(MD)No.7025 of 2022

of the Punjab and Haryana High Court in the case of Pal Alloys &

Metal India Private Limited & Ors., reported in AIR 2022 P&H 23. We

find that, those arguments and the said judgment, in the facts of

this case and at this stage, will not take the case of the writ

petitioner any further.

6. For the above reasons, this writ petition is

dismissed. No costs. Consequently, connected miscellaneous

petitions would not survive.

                                                                     [P.U., J]      [R.V., J]
                                                                            13.04.2022
                     Index        : No
                     sj/16




https://www.mhc.tn.gov.in/judis

W.P(MD)No.7025 of 2022

PARESH UPADHYAY, J.

and R.VIJAYAKUMAR, J.

sj

W.P(MD)No. 7025 of 2022

13.04.2022

https://www.mhc.tn.gov.in/judis

 
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