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2025 Supreme(Online)(Mad) 65316

IN THE HIGH COURT OF JUDICATURE AT MADRAS
MANINDRA MOHAN SHRIVASTAVA, CJ, G.ARUL MURUGAN, J
A.Renuka – Appellant
Versus
Indian Bank – Respondent


Advocates:
For the Appellants/Petitioners: Mr.M.Santhanamari

Table of Content
1. request for bank intervention based on sympathy. (Para 1 , 2)
2. clarification on bank's obligation regarding loan settlements. (Para 3)

The petitioner seeks intervention of this court only on the ground of sympathy, there being no legally acceptable ground to interfere with the action of the bank.

2. The chequered history of this case shows that earlier an attempt was made to challenge the sale proceedings initiated by the respondent bank. The petition was disposed of on 12.1.2011, where the court refused to interfere with the rate at which the bank had required the petitioner to settle the loan, if she wanted, towards release of charge over the property. It was ordered that, on payment at the rate of Rs.875/- per sq.ft., the bank shall release the charge over the plots in question and issue sale certificate in favour of the petitioner. It was further observed that in case of non-compliance, the bank would be at liberty to proceed against the property in accordance with law.

It was made clear that the court was not ready to reduce the rate of Rs.875/- per sq.ft.

The observation that in case the petitioner approaches for any sort of concession in price, the bank can

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