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2024 Supreme(Mad) 593

SANJAY V. GANGAPURWALA, D. BHARATHA CHAKRAVARTHY
Jai Hind Spinning Mills Ltd Rep. by Its Managing Director Chennai – Appellant
Versus
South Indian Bank Ltd Chennai – Respondent


Advocates Appeared:
For the Petitioner: P.V. Rajeswari.
For the Respondents: Imayavaramban for M/s. Ramalingam & Associates.

JUDGMENT :

Sanjay V. Gangapurwala, J.

(Prayer: Petition filed under Article 226 of the Constitution of India seeking issuance of a writ of mandamus directing respondents 1 and 2 to cancel the Memorandum of Deposit of Title deeds executed by the petitioner in favour of the 1st respondent and registered as Document No.258 of 2017, on 24.2.2017 with the Office of the Sub-Registrar, Puduchatram, Namakkal and consequently direct Respondents 1 and 2 to return to the petitioner the Original title deeds and other documents of the properties which were mortgaged with the 1st respondent to secure the Loan Account bearing No. 004256000000021 of the petitioner maintained with 1st respondent Branch.)

1. Heard Ms.P.V.Rajeswari, learned counsel for the petitioner; and Mr.Imayavaramban, learned counsel appearing on behalf of M/s.Ramalingam and Associates, learned counsel for respondents 1 and 2.

2. We had heard the matter on 26.3.2024 and passed an order. However, subsequently the same was mentioned and it was stated that the amount of interest was wrongly mentioned. We did not sign the order passed on 26.3.2024, as the matter was mentioned. The said order is kept as it is in the file.

3. Today, learn

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