Authority: High Court of Judicature at Madras
Order Date: 08 July 2026
Case Overview
- Petitioners: Kovai Kilakku Mavatta Panchalai Thozhilalar Sangam (CITU) and K. Muthu filed the writ petition under Article 226 of the Constitution of India.
- Respondents: Debt Recovery Tribunal (represented by its Recovery Officer), Indian Bank (represented by its Chief Manager, Asset Recovery Management Branch), and M/s Shree Arunachaleswarar Mills (represented by its Partner).
- The petition sought a writ of certiorari to call for records relating to the Tender‑Cum‑Auction sale notice dated 31‑03‑2005 (R.P.No.175/2003) published in the Dinamalar newspaper, and a subsequent auction notification dated 03‑01‑2009, which aimed to sell the mill’s properties without considering the plight of the workers.
- Petitioners alleged that the auction notices were illegal, arbitrary, and contrary to the scheme of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The prayer was amended as per the order dated 15‑02‑2012 in WPMP No.364/2011.
- Counsel for the petitioners submitted that the petition had become infructuous.
Final Outcome
- The Court held that the petition was rendered infructuous and therefore dismissed it.
- No order as to costs was made.
- The interim application filed by the petitioners was closed.
Topics: Labor Dispute, Banking Asset Auction