ORDER :

R. MAHADEVAN, J.

PRAYER: Petition filed under Article 226 of the Constitution of India, to issue a Writ of Certiorarified Mandamus, to call for the records pertaining to the rejection letter passed by the respondent dated 20.08.2022 and quash the same as illegal and consequently directing the respondent to return the deposited bid amount Rs. 29,31,568/- to the petitioner.

The prayer made in this writ petition is to quash the order dated 20.08.2022 passed by the respondent and to direct the respondent to return the bid amount of Rs.29,31,568/- to the petitioner.

2. The facts, in brief, are as under:

(i) Pursuant to the paper publication, the petitioner participated in an e-auction conducted by the respondent/Bank on 15.02.2022 in respect of the property in Plot No.14 comprised in S.No.37/1B & 37/2, measuring an extent of 2400 sq.ft, excluding 600 sq.ft presently Plot No.14 part Town 4th Street Extension, Anaiyur, Madurai belonging to one N.Nagarajan and N.Gomathi, Madurai, by depositing 10% of the total amount of Rs.1,17,26,270/- i.e., Rs.11,52,627/- towards EMD. In the said e-auction, he was declared as successful bidder and he remitted Rs.11,00,000/- and Rs.7,00,000/- with the