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M/S Rathna Stores ( P ) Limited vs M/S Uco Bank

Madras High Court|14 February, 2017
|

JUDGMENT / ORDER

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 14.02.2017 CORAM:
THE HONOURABLE MR.JUSTICE S.MANIKUMAR and THE HONOURABLE MR.JUSTICE M.GOVINDARAJ W.P.No.28157 of 2016 and W.M.P.No.24291 of 2016 M/s.Rathna Stores (P) Limited, Rep. by its Director S.Siva Sundar .. Petitioner versus M/s.UCO Bank, Rep. by its Chief Manager, MID Corporate Branch, No.67, Burkit Road, T.Nagar, Chennai - 17 .. Respondent Writ Petition filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondent herein to consider the proposal given by the petitioner dated 22.07.2016, and enable the petitioner to make the payment of its dues as per the schedule given in the proposal.
For Petitioner : No Appearance For Respondent : Mrs.T.Hemalatha for Mr.V.Suthakar
ORDER
(Order of the Court was made by S.MANIKUMAR, J.) Borrower, who had failed to repay the loan availed from M/s.UCO Bank, Chennai / respondent, has sought for a writ of mandamus, directing the respondent to consider the proposal dated 22.07.2016, so as to enable payment of dues.
2. On 11.08.2016, a Hon'ble Division Bench of this Court has ordered notice. On 13.02.2017, when the matter came up for hearing, there was no representation. Hence, Registry was directed to post the writ petition, under the caption, 'for dismissal'. Thus, it is listed today.
3. Mrs. Hemalatha, learned counsel appearing for the respondent bank submitted that though time was granted, payment has not been made. Submission is placed on record.
4. Today also, there is no representation for the petitioner, either in person or through pleader. Therefore, we are constrained to dismiss the instant writ petition for default. No costs. Consequently, the connected Miscellaneous Petition is closed.
[S.M.K., J.] [M.G.R., J.] 14.02.2017 Index: Yes/No. Internet: Yes ars
S. MANIKUMAR, J.
AND M.GOVINDARAJ, J.
ars W.P.No.28157 of 2016 and W.M.P.No.24291 of 2016 14.02.2017
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Title

M/S Rathna Stores ( P ) Limited vs M/S Uco Bank

Court

Madras High Court

JudgmentDate
14 February, 2017
Judges
  • S Manikumar
  • M Govindaraj