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All India Engineers & Valuers vs B.Rajendran

Madras High Court|09 January, 2017

JUDGMENT / ORDER

W.P.No.44475 of 2016 and WMP Nos.38318 and 38319 of 2016 1 All India Engineers & Valuers Association(AIEVA), Rep by V.Subramanian President, All India Engineers and Valuers Association, No.18, Sivasamy Nagar, North Gate of CEOA School, A.Kosakulam, Madurai-625 017, Tamilnadu State. [ PETITIONER ] Vs 1 Union of India Rep by The Secretary to the Government of India, Department of Financial Services Banking Division, Ministry of Finance, New Delhi-110 001 2 Reserve Bank of India Rep by The Governor, Reserve Bank of India Central Office Building 18th Floor, Shahid Bhagat Singh Road, Mumbai-400 001.
3 Indian Banks Association Rep by The Chairman, Indian Banks' Association, World Trade Centre, 6th Floor, Centre 1 Building, World Trade Centre Complex Centre- Cuffe Parade, Mumbai 400 005.
4 National Housing Bank, Rep by the Chairman and Managing Director, National Housing Bank, Head Office, Core-5-A, India Habitat Centre, Lodhi Road, New Delhi- 110 003.
5 School of Planning and Architecture, Rep by The Registrar, School of Planning and Architecture (SPA), 4-A, Ring Road, Indraprastha Estate, New Delhi-110 002.
6 State Bank of India, Rep by The Chairman, State Bank of India, State Bank Bhavan, Madam Cama Road, Mumbai- 400 021.
7 Allahabad Bank, Rep by The Chairman and Managing Director, Allahabad Bank, Head Office, 2 N.S.Road, Kolkata-700 001.
8 Andhra Bank, Rep by The Chairman and Managing Director, Andhra Bank, Head Office, Dr. Pattabhi Bhawan, 5-9-11, Saifabad, Hyderabad-500 004, Telungana.
9 Bank of Baroda, Rep by The Chairman and Managing Director, Bank of Baroda, Head Office, Suraj Plaza-1, Syaji Ganj, Vadodara-390 020.
10 Bank of India, Rep by The Chairman and Managing Director, Bank of India, Head Office, C-5 G Block, Bandra Kurla Complex, Bandra (East), Mumbai-400 051.
11 Bank of Maharashtra, Rep by The Chairman and Managing Director, Bank of Maharashtra, Central Office Lokmangal, 1501, Shivaji Nagar, Pune-411 005.
12 Canara Bank, Rep by The Chairman and Managing Director, Canara Bank, Head Office, 112, Jaya Chamrajendra Road, Bengaluru-560 002.
13 Central Bank of India, Rep by The Chairman and Managing Director, Central Bank of India, Central Office, Chander Mukhi, Nariman Point, Mumbai-400 021.
14 Corporation Bank, Rep by The Chairman and Managing Director, Corporation Bank, Head Office, Bharath Building, G.H.S. Road, Mangalore-575 001.
15 Dena Bank, Rep by The Chairman and Managing Director, Dena Bank, Dena Corporate Centre, C-10 G Block, Bandra Kurla Complex, Bandra East, Mumbai-400 051.
16 Indian Bank, Rep by The Chairman and Managing Director, Indian Bank, Head Office, 31 Rajaji Road , Chennai-600 001 17 Indian Overseas Bank, Rep by The Chairman and Managing Director, Indian Overseas Bank, Central Office, 762 Anna Salai, Chennai-600 001, 18 Oriental Bank of Commerce, Rep by The Chairman and Managing Director, Oriental Bank of Commerce, E-Block, Connaught Place, New Delhi-110 001.
19 Punjab & Sind Bank, Rep by The Chairman and Managing Director , Punjab & Sind Bank, Bank House, 4th Floor, 21, Rajendra Place, New Delhi-110 008.
20 Punjab National Bank, Rep by The Chairman and Managing Director, Punjab National Bank, Head Office, 7, Bhikhaji Came Place , Africa Avenue, New Delhi-110 607.
21 Syndicate Bank, Rep by The Chairman and Managing Director, Syndicate Bank , Manipal-576 199, Karnataka State.
22 UCO Bank, Rep by the Chairman and Managing Director, UCO Bank, Head Office, 10, Biplabi Trailokya Maharaj Sarani, Calcutta-700 001.
23 Union Bank of India, Rep by The Chairman and Managing Director, Union Bank of India, Union Bank Building, Central Office, 239, Backbay Reclamation, Nariman Point, Mumbai.
24 United Bank of India, Rep by The Chairman and Managing Director, United Bank of India, 16, Old Court House Street, Calcutta-700 001.
25 Vijaya Bank, Rep by The Chairman and Managing Director, Vijaya Bank, Administrative Office, Janardhan Towers No.2, Residency Road, Bangalore-560 025 26 IDBI Bank Ltd, Rep by The Chairman and Managing Director, IDBI Bank Ltd, IDBI Towers, WTC Complex, Cuffe Parade, Mumbai-400 005.
27 Axis Bank, Rep by The Chairman and Managing Director, Axis Bank Ltd , Corporate Office, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai-400 025.
28 Catholic Syrian Bank, Rep by The Chairman and Managing Director, Catholic Syrian Bank, Head Office, 3rd Floor, D J M Building , Market Road, Ernakulam-682 011, Kerala, 29 City Union Bank, Rep by The Chairman and Managing Director City Union Bank Head Office 706 Anna Salai II Floor Chennai-600 006 30 Development Credit Bank Rep by The Chairman and Managing Director , Head Office, Karimabad Cooperative Housing Society Ltd, 116, Imamwada Road, Bhendi Bazar, Mumbai-400 006.
31 Dhanalakshmi Bank, Rep by The Chairman and Managing Director, Dhanalakshmi Bank, Head Office, Unit No.13 , 8th Floor , Innovator Building , ITPL, Whitefield Road, Bangalore.
32 Federal Bank, Rep by The Chairman and Managing Director, Federal Bank, Head Office, 1st Floor, Rajabahadur mansions , 32, Bombay Samachar Marg, Fort, Mumbai-400 001.
33 HDFC Bank, Rep by The Chairman and Managing Director , HDFC Bank, HDFC Bank House, 1st Floor, C.S. No.6/242, Senapati Bapat Marg, Lower Parel, Mumbai-400 013.
34 ICICI Bank, Rep by The Chairman & Managing Director, ICICI Bank, Head Office, CPC-Transactions Unit, ICICI Towers, Plot NO.24, Block No.1, Ambattur Industrial Estate, Ambattur, Chennai-58.
35 Indus Ind Bank, Rep by The Chairman and Managing Director, Induslnd Bank, Head Office, 81/82, Mittal Towers, 8th Floor, Nariman Point, Mumbai-400 021.
36 ING Vysya Bank, Rep by The Chairman and Managing Director ING Vysya Bank, Head Office, Hara Chambers, 4th Floor, 22, KH Road Bangalore-560 027.
37 Jammu & Kashmir Bank, Rep by the Chairman and Managing Director, Jammu & Kashmir Bank, Corporate Head Quarters, M.A. Road, Srinagar-190 001, Jammu & Kashmir State.
38 Karanataka Bank, Rep by The Chairman and Managing Director, Karnataka Bank, Head Office, 501-504, Vardaman Chambers, Cawasji Patel Street, Fort, Mumbai-400 001.
39 Karur Vysya Bank, Rep by The Chairman and Managing Director , Karur Vysya Bank, Head Office, D-Block , North Wing, 6th Floor, Tel Park, Taramani, Chennai-600 113.
40 Kotak Mahindra Bank, Rep by The Chairman and Managing Director, Kotak Mahindra Bank, Head Office, 6th Floor, Bld.No.21, Zone NO.3, Infinity Park, Malad (East) Mumbai-400 097.
41 Lakshmi Vilas Bank, Rep by The Chairman and Managing Director, Lakshmi Vilas Bank, Head Office, 25-31, Aban House, 4th Floor, Sri Saibaba Marg,, Kalaghoda, Fort, Mumbai.
42 Nainital Bank, Rep by The Chairman and Managing Director , Nainital Bank, Head Office , Seven Oaks Building, Mallital Ninital, Uttarakhand-263 001.
43 Ratnakar Bank, Rep by The Chairman & MD, Ratnakar Bank, Corporate Office, One Indiabulls Centere, Tower 2B , 6th Floor, 841, Senapati Bapat Marg, Lower Parel(W), Mumbai.
44 South Indian Bank, Rep by The Chairman and Managing Director , South Indian Bank, Head Office , II Floor SIB Building , Market Road Kochi-682 035.
45 Tamilnadu Mercantile Bank, Rep by The Chairman and Managing Director Tamilnad Mercantile Bank, Head Office, 269/2- 4, 2nd Floor , Avvai Shanmugam Road , Royapettah , Chennai-14.
46 Yes Bank, Rep by The Chairman and Managing Director, Yes Bank Ltd Corporate Head Quarters, Nehru Center, 9th Floor , Discovery of India , Dr.A.B. Road, Worli, Mumbai-400 018.
B.RAJENDRAN,J.
vri Prayer: Writ petition filed under Article 226 of the constitution of India for issuance of a writ of certiorarified mandamus to call for the records pertaining to the proceedings in the matter the 3rd respondent's Report of Indian Banks Association (IBA) Working Group on standardization of Procedures for Empanelment of Valuers by Banks dated 3rd November 2014 and to quash the said 3rd Respondent Report of IBA working group dated 03.11.2014 as illegal arbitrary and unconstitutional and to direct the 6th to 46th Respondent Banks to follow the RBI guidelines vide RBI No. 2006-2007/224 DBOD. BP.BC.No.50/ 21.04.018/ 2006-07 dated 04.01.2007 in the matter of valuation of properties and Empanelment of Valuers with immediate effect or any other appropriate order in the wide interest of the protection of justice and for the prevention of miscarriage of justice.
For Petitioner : Dr.P.S.Baghath Singh For Respondents : Mr.A.Veeramani CGC O R D E R Learned counsel for the petitioner has made an endorsement to the effect that he may be permitted to withdraw this writ petition with liberty to file fresh petition in individual name. Recording the same, this writ petition is dismissed as withdrawn with liberty to file a fresh petition individually. No costs. The connected miscellaneous petitions are also dismissed.
09.01.2017 vri W.P.No.44475 of 2016 http://www.judis.nic.in
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Title

All India Engineers & Valuers vs B.Rajendran

Court

Madras High Court

JudgmentDate
09 January, 2017