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Madras High Court

Chennai Elevated Tollway Limited vs The Union Bank Of India on 3 August, 2023

Author: P.D.Audikesavalu

Bench: Sanjay V.Gangapurwala, P.D.Audikesavalu

                                                                         W.P.No.4661 of 2023


                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED: 03.08.2023

                                                    CORAM :

                             THE HON'BLE MR.SANJAY V.GANGAPURWALA, CHIEF JUSTICE
                                                      AND
                                    THE HON'BLE MR.JUSTICE P.D.AUDIKESAVALU
                                              W.P.No.4661 of 2023

                     Chennai Elevated Tollway limited
                     Rep. by its Authorized representative
                      Mr.Abdul Raheem
                     Repd. Off:Plot No.2, Avenue – 4, Banjara Hills
                     Hyderabad – 500 034.                           ..    Petitioner
                                                      Vs.
                     1. The Union Bank of India
                        Industrial Finance Branch 139, Broadway
                        1st Floor Chennai - 600 108
                        Rep. by its Chief Manager.

                     2. Bank of Baroda
                        CFS Hyderbad Branch,
                        3-6-262/6, Tirumala Estates
                        1st Floor, Himayat Nagar
                        Hyderabad- 500 029
                        rep. by its Asst. General Manager.

                     3. Bank of Maharashtra
                        Asset Recovery Branch
                        H.NO. 4-3-448 to 465 and 468
                        1st Floor, Vincothnapittle's Majesty
                        Gopal Bagh, Near Bank Street, Koti
                        Hyderabad- 500 001
                        Rep. by its Assistant General Manager.



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                                                                          W.P.No.4661 of 2023




                     4. Central Bank of India
                        Corporate Finance Branch
                        Bank Street, Koti
                        Hyderabad- 500 001
                        Rep. by its Asst. General Manager.

                     5. Punjab National Bank
                        (Erstwhile Oriental Bank of Commerce)
                        Zonal Sastra Office, 6-3-865, 1st Floor
                        My HomeJupally, Ameerpet, Green Land
                        Hyderabad- 500001
                        Rep. by its Asst. General Manager.

                     6. State Bank of India
                        SAMB, 5th Floor, Rear Block of
                          HMVVSSB Compound, D.No.6-2-915
                        Kharatabad, Hyderabad-500 004
                       (Representing State Bank of
                       Bikaner and Jaipur and State Bank of Travancore)

                     7. UCO Bank
                        International Banking Branch, 328
                        Thambu Chetty Street, 3rd Floor, Chennai - 600 001
                        Rep. by its Asst. General Manager.

                     8. The National Highways Authority of India
                        Rep. by its Chairman
                        Principal Office.G-5 and 6, Sector 10
                        Dwarka, New Delhi - 110 075.

                     9. Soma Enterprise Limited
                        Rep. by its Authorized Signatory
                        Regd. Office at Soma Heights
                        3, Siddhi Vinayak Society
                        Karve Road, Pune-411 038, Maharashtra.

                     10. Aarvee Associates


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                                                                            W.P.No.4661 of 2023


                            Architects Engineers and Consultants Pvt Ltd.
                            Rep. by its Authorized Signatory,
                            Ravule Residency, Srinagar Colony Main Road
                            Hyderabad- 500 082.

                     11. Mr.Ankineedumaganti
                         Director, M/s. Chennai Elevated Tollway Limited
                          and M/s. Soma Enterprise Limited
                         1054, Road No. 46, Jubilee Hills
                         Hyderabad-500 033, Telengana.

                     12. Mr.Ramesh Kumar Boppana
                         Director, M/s. Chennai Elevated Tollway Limited
                          and M/s. Soma Enterprise Limited
                         Plot No. 294, Road No. 78, Phase III
                         Jubilee Hills, Hyderabad- 50.

                     13. Mr.Ramachandraraopatri
                         Director, M/s.Chennai Elevated Tollway Limited
                         82/1, Aemila-1, 8th Floor, Lantana Street
                         Sohana Road, Vatika City
                         Gurgaon-122 001, Haryana.

                     14. Rajendra Prasad Maganti
                         Director, M/s. Chennai Elevated Tollway Limited
                          and M/s. Soma Enterprise Limited
                         1054, Road No. 46, Shaikpet Jubilee Hills
                         Hyderabad- 500 033.

                     15. Mallikarjunaprabhakaravaraprasadmallineni
                          Director, M/s. Soma Enterprise Limited
                          Plot No. 3, Siddhi Vinayak Society
                          NR Karve Statue, Kothrud
                         Pune-411 038, Maharashtra.


                     16. Mr.Sathischandramoulipanthula
                         Director, M/s. Soma Enterprise Limited


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                                                                              W.P.No.4661 of 2023


                            HIG-77, Moosapet, Bharat Nagar Colony
                            Hyderbad- 500 018, Telengana.

                     17. The Hon'ble Debts Recovery Tribunal
                         Represented by its Registrar
                         Shashtri Bhavan, Subba Road Avenue
                         Nungambakkam, Chennai - 600034.                 ..    Respondents

                     Prayer: Petition filed under Article 226 of the Constitution of India
                     seeking a writ of certiorari, calling for the records pertaining to the
                     Order dated 02.02.2023 passed in T.A.No. 63 of 2022(O.A. No. 950 of
                     2018-DRT II Chennai) by Debts Recovery Tribunal-I at Chennai and
                     quash the same.

                                   For the Petitioner      : Mr.R.J.Rishikesh

                                   For the Respondents     : Mr.M.Muthuperiasamy
                                                             for R1

                                                              Mr.R.Iyappan
                                                              for R7

                                                              No appearance for R2, R4,
                                                              R5, R9, 10, R11, R13 & R15

                                                              R3, R6, R8, R12 & R13 not
                                                              ready in notice

                                                              R17 Tribunal

                                                              R16 died




                                                       ORDER

(Made by the Hon'ble Chief Justice) Page 4 of 7 https://www.mhc.tn.gov.in/judis W.P.No.4661 of 2023 Heard Mr.R.J.Rishikesh, learned counsel for the petitioner, Mr.M.Muthuperiasamy, learned counsel for the first respondent and Mr.R.Iyappan, learned counsel for the seventh respondent.

2. Learned counsel for the petitioner submits that the impugned order is set aside by the Debts Recovery Tribunal, by passing a conditional order and nothing survives in the present writ petition.

3. In the light of the statement made by learned counsel for the petitioner, the writ petition stands disposed of. There will be no order as to costs. Consequently, W.M.P.No.4662 of 2023 is closed (S.V.G., CJ.) (P.D.A., J.) 03.08.2023 Index : Yes/No Neutral Citation : Yes/No drm To

1. The Chief Manager Page 5 of 7 https://www.mhc.tn.gov.in/judis W.P.No.4661 of 2023 The Union Bank of India Industrial Finance Branch 139, Broadway 1st Floor Chennai - 600 108.

2. The Chairman The National Highways Authority of India Principal Office.G-5 and 6, Sector 10 Dwarka, New Delhi - 110 075.

3. The Registrar The Hon'ble Debts Recovery Tribunal Shashtri Bhavan, Subba Road Avenue Nungambakkam, Chennai - 600034.

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https://www.mhc.tn.gov.in/judis W.P.No.4661 of 2023 THE HON'BLE CHIEF JUSTICE AND P.D.AUDIKESAVALU, J.

(drm) W.P.No.4661 of 2023 03.08.2023 Page 7 of 7 https://www.mhc.tn.gov.in/judis