2022 Supreme(Online)(Mad) 80166
MADRAS HIGH COURT
L.JAYAKUMAR – Appellant
Versus
CENTRAL BANK OF INDIA – Respondent
WA 536/2015
['M/S V KARTHIKEYAN', '', 'S SENTHILNATHAN', 'M/S T M HARIHARAN', '', 'B THILAK NARAYANAN-MS', 'FOR RESPONDENTS', 'VIDE COURT ORDER DT', 'B THILAK NARAYANAN-MS/ OR RESPONDENTSVIDE COURT ORDER DT']
IN THE HIGH COURT OF JUDICATURE AT MADRAS
RESERVED ON : 29.10.2021
DATE OF DECISION : 21.06.2022
CORAM:
THE HON'BLE MR.JUSTICE T.RAJA
AND
THE HONOURABLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY
W.A.NO.536 OF 2015
L.Jayakumar
... Appellant
.Vs.
1. Central Bank of India,
Rep. By its General Manager,
48/49, Montieth Road,
Egmore, Chennai – 8.
2. Central Bank of India,
Asset Recovery Cell,
Rep. By its Assistant General Manager,
Regional Office,
48/49, Montieth Road,
Egmore, Chennai – 8.
... Respondents
PRAYER:-
Writ Appeal has been filed under Section 15 of Letter of
Patent against the order dated 20.10.2014 passed in W.P.No.17177
of 2011 by the learned Single Judge of this Court.
PRAYER IN W.P.NO.17177 OF 2011:-
Writ Petition filed under Article 226 of the Constitution of
India praying for the issuance of a Writ of Mandamus, to direct
the respondents herein to pay the arrears of legal
fees and the remuneration of the petitioner to a sum of
Rs.26,42,615/- with interest.
For Appellant : Mr.T.R.Rajaraman
Standing Counsel
For Mr.V.Karthikeyan
For Respondents :
Mr.T.M.Hariharan
JUDGMENT
T.RAJA, J.
Unsuccessful appellant has brought this appeal challenging
the correctness of the impugned order passed by the learned
Single Judge in W.P.No.17177 of 2011, dated 20.10.2014.
2. It is the claim of the appellant before the learned
Single Judge that the respondent bank refused to pay the arrears
of legal fees and remuneration to a sum of Rs.26,42,615/- along
with interest. Therefore, he filed W.P.No.17177 of 2011 seeking
for issuance of a writ of mandamus to direct the respondent bank
to pay the above said payment. Learned Single Judge refused to
accept the said prayer of the writ petitioner/appellant.
Aggrieved by the same, the appellant/writ petitioner has filed
the present writ appeal.
3. Learned Senior counsel for the appellant submitted that
the appellant is an Advocate and Senior Member in the Bar having
practice in the Madras High Court for over 36 years. He was in
the panel of Advocates nearly 36 years in most of the
nationalized banks and corporate including Central Government
undertaking Companies. The appellant and his brother were
partners in a registered legal firm M/s.L.Jayakumar &
Associates, in which, the appellant was having 80% share till
2008. The said firm is one among the panel of Advocates for
various nationalized Banks, Central Government and State
Government Undertaking and the appellant was to appear at Delhi,
Mumbai, Bangalore, Hyderabad and Kerala.
4. Whileso, in the year 2001, the appellant was requested to
assist a Nationalized Bank (Canara Bank) to collect confidential
particulars of a chronic defaulter in London while he was in
London. In the middle of 2003, the respondent bank approached
the appellant and informed that M/s.S&S Power Switch Gear
Limited was their customer, however, since the said Concern
became a Sick Unit, the respondent bank was to find a way to
recover a sum of Rs.472.24 lakhs in the recovery proceeding
pending on the file of DRT, Madras, in O.A.No.223/03 (New
No.526/07). The appellant, after studying various factors,
opined that the said Company might have created an artificial
loss with an intention to prevent the creditors from realising
their investments and loan, therefore, unless all the consortium
of all the banks, who have advanced loan, make a joint effort
expeditiously before the alleged winding up proceeding, it would
be difficult to recover the said loan. Thereafter, based on the
advise of the appellant, the respondent bank decided to initiate
necessary legal action, for which, the respondent bank offered
payment of 5% as fees to the appellant in the event of
succeeding in his efforts to recover atleast 25% of the book
debt. Thereafter, the appellant had explored all the
possibilities to recover the loa