ORDER

(Order made by the Hon'ble Mr Justice D.Bharatha Chakravarthy)

The Writ Petition:

This Writ Petition is filed with a prayer to call for the records on the file of the second respondent i.e., Small Industries Development Bank of India, in respect of their proceedings, dated 28.06.2017, thereby, classifying the account of the writ petitioner as a Non-Performing Asset (hereinafter referred to as 'NPA') and the consequential possession notice, dated 05.09.2017, to quash the same as being illegal, unconstitutional and without jurisdiction.

The Case of the Petitioner:

2. The case of the petitioner is that it is a manufacturing unit engaged in the manufacture of garments. It was registered as a Tiny Unit with the Directorate of Industries, Government of Tamil Nadu, vide Permanent Registration Certificate, dated 10.03.1995. In the year 2016, the petitioner was registered under the Micro, Small and Medium Enterprises Development Act, 2006 (from now on referred to as 'MSMED Act') as an MSME vide Udyog Aadhar Certificate, dated 24.12.2016. The said certificate is being renewed periodically. In the year 2016, the petitioner availed mortgage loan from the Union Bank of India which was subsequ