Authority: High Court of Judicature at Madras
Order Date: 06 July 2026
Case Overview
- Petitioners: M/s. TK Royal Lighting Technology (proprietor Mr. D. Arun) and P. Vasantha.
- Respondent: Authorized Officer, Union Bank of India (erstwhile Corporation Bank), Asset Recovery Branch, No.9, ELCANSO Complex, Casa Major Road, Egmore, Chennai 600 008.
- Petition filed under Article 226 of the Constitution seeking a writ of certiorari and mandamus to call for records of sale notice Ref: ARB/WN/2024-2025 dated 27.09.2024, to quash the notice and direct the bank to accept a one‑time settlement offered by the petitioners.
- Property involved: two vacant plots in Kandamangalam Village, Villupuram District. Plot 1 – East‑West 53.5 ft, South 55 ft, North 16 ft, total 1,953.50 sq ft (0.04 cent), bearing No. 7. Plot 2 – East‑West 15 ft, North 48 ft, West 53 ft, total 757.50 sq ft.
- Counsel for petitioners: Mr. P. Saravanan. Counsel for respondent: Mr. N. Venkateswaran.
Final Outcome
- Learned counsel for petitioners submitted that the petition was rendered infructuous.
- The Court dismissed the petition as infructuous, ordered no costs, and closed the interim application.
Topics: Court Order, Settlement Dispute, Banking