W.P.Nos.34666 & 33902 of 2019

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 09.02.2023

CORAM :

THE HONOURABLE MR.JUSTICE R.MAHADEVAN

and

THE HONOURABLE MR. JUSTICE MOHAMMED SHAFFIQ

W.P.Nos.34666 & 33902 of 2019

and

WMP.Nos.35424 & 34449 of 2019 and 5392 of 2020

1. M/s. Jawahar Enterprises Private Limited,

Represented by its director G.Jawahar,

Geejay Arcade, No.11,

Thiruvenkatasamy Road (West) R.S.Puram,

Coimbatore - 641 002.

2. G.Jawahar

3. J.Rajalakshmi

.. Petitioners in both WPs

Versus

M/s. Lakshmi Vilas Bank Ltd.,

Main Branch,

LVB Platinum Jubilee Building,

No.68, Oppanakara Street,

Coimbatore - 641 001. .. Respondent in both WPs

Prayer in WP.No.34666 of 2019: Writ Petition filed under Article 226 of the

Constitution of India praying to issue a Writ of Certiorarified Mandamus,

calling for the records of the respondent pertaining to the proceedings in

LVB/889/OTS/002/2019-2020 dated 28.06.2019, received by the petitioners

on 01.07.2019 and quash the same and consequently directthe respondent to

extend the time to make the payment of the remaining amount under the OTS

scheme dated 22.11.2018 in pursuance of the petitioners' representation dated

28.06.2019.

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W.P.Nos.34666 & 33902 of 2019

Prayer in WP.No.33902 of 2019: Writ Petition filed under Article 226 of the

Constitution of India praying to issue a Writ of Mandamus, forbearing the

respondent from claiming any amout in excess of the amount arrived at in One

Time Settlement (OTS) under the Lok Adalat Award dated 22.11.2018, before

the Coimbatore District Legal ServicesAuthority or taking any action under

the provisions of the Securitisation and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002 and consequently extend the time

fixed for the paying the balance amount of Rs.4,05,00,000/- with reasonable

interest.

For Petitioners

:

Mr.P.Valliappan in both WPs

For Respondent

:

No appearance in both WPs

COMMON ORDER

[Order of the Court was made by R. MAHADEVAN, J.]

Today, when the matters are taken up for consideration, the learned

counsel for the petitioners submitted that the matter has been amicably settled

between the parties and hence, nothing survives for adjudication. The learned

counsel has also filed a memo of compromise dated 09.12.2020 and also made

an endorsement to that effect in the Court bundle.

2. Recording the above, both these writ petitions are dismissed as

having become infructuous. No costs. Consequently, connected

miscellaneous petitions are closed.

[R.M.D., J.] [M.S.Q., J.]

09.02.2023

Index

: Yes / No

Internet

: Yes / No

av

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https://www.mhc.tn.gov.in/judis

W.P.Nos.34666 & 33902 of 2019

To

M/s. Lakshmi Vilas Bank Ltd.,

Main Branch,

LVB Platinum Jubilee Building,

No.68, Oppanakara Street,

Coimbatore - 641 001.

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https://www.mhc.tn.gov.in/judis

W.P.Nos.34666 & 33902 of 2019

R. MAHADEVAN, J

and

MOHAMMED SHAFFIQ, J

av

W.P.Nos.34666 & 33902 of 2019

and

WMP.Nos.35424 & 34449 of 2019 and 5392 of 2020

09.02.2023

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https://www.mhc.tn.gov.in/judis