SANJIB BANERJEE, SENTHILKUMAR RAMAMOORTHY
VIP Grand Properties, Rep. by its Partner E. Kandasamy – Appellant
Versus
Canara Bank, Rep. by its Authorised Officer, Salem – Respondent
JUDGMENT :
SANJIB BANERJEE, J.
(Prayer: W.P.No.3395 of 2020 filed under Article 226 of the Constitution of India praying for issue of Writ of Certiorarified Mandamus to call for the records of the respondent in its proceedings dated 02.8.2019 and quash the same as illegal, arbitrary and violative of the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002, and Security Interest (Enforcement) Rules, 2002, and to consequently direct the respondent to refund the sum of Rs.1,42,27,500/- deposited by the petitioner in pursuance of auction sale conducted on 16.04.2019 till the date of realisation.
W.P.No.1782 of 2021 filed under Article 226 of the Constitution of India praying for issue of Writ of Certiorarified Mandamus to call for the records pertaining to the Letter dated 31.8.2019 issued by the respondent forfeiting the amount paid by the petitioner towards purchase price with the respondent, quash the same and consequently direct the respondent to receive the balance sale price in a sum of Rs.1,26,82,500/- (Rupees One Crore Twenty Six Lakhs Eighty Two Thousands and Five Hundred only) from the petitioner and complete th
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