MUNISHWAR NATH BHANDARI, P.D.AUDIKESAVALU
Althap Hamed, Proprietor M/s. Media Times, Chennai – Appellant
Versus
Authorised Officer, Canara Bank, Chennai – Respondent
JUDGMENT :
Munishwar Nath Bhandari, J.
Prayer: Petition filed under Article 226 of the Constitution of India praying for a writ of Mandamus directing the first respondent to defer the auction of the property either through public auction/private treaty or E-auction through its website CCSL.CO.IN or any other website or portal pursuant to the E-auction notice dated 21.12.2021 bearing Ref.No.Sale Notice/E-auction/Media Times/Althap Hamed in respect of auction to be held on 29.01.2022 or any other subsequent dates in respect of the property described in the above notice for a period of eight weeks pending such time S.A.Diary No.40 of 2022 is taken on file by the second respondent for passing appropriate interim reliefs in the above application.
1. The writ petition has been filed challenging the auction of the property pursuant to e-auction notice dated 21.12.2021, scheduled to be held on 29.01.2022.
2. When the matter was taken up on 27.01.2022, learned counsel for the petitioner submitted that the loan availed by the partnership firm could not be repaid for the reasons stated in the writ petition and that the petitioner is willing to pay the entire due amount, which is nearly Rs.80.00 l
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