Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 3, Cited by 0]

Madras High Court

Oriental Bank Of Commerce vs The District Collector/The District ... on 8 February, 2021

Author: Senthilkumar Ramamoorthy

Bench: Sanjib Banerjee, Senthilkumar Ramamoorthy

                                                          W.P.Nos.29612, 29615 and 29616 of 2019



                                    IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED:     08.02.2021

                                                      CORAM :

                                   THE HON'BLE MR.SANJIB BANERJEE, CHIEF JUSTICE
                                                        AND
                               THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY


                                       W.P.Nos.29612, 29615 and 29616 of 2019


                     W.P.No.29612 of 2019:

                     Oriental Bank of Commerce,
                     rep. by its Chief Manager-Law A.Ramesh Babu,
                     Spencer Plaza, 2nd Floor,
                     769, Anna Salai, Mount Road,
                     Chennai - 600 002.                                      .. Petitioner

                                                        -vs-


                     1.The District Collector/The District Magistrate,
                       Coimbatore District,
                       State Bank Road, Beside Police Office,
                       Gopalapuram, Coimbatore,
                       Tamil Nadu - 641 018.

                     2.S.Chinniah                                            .. Respondents




                     __________
                     Page 1 of 9


https://www.mhc.tn.gov.in/judis/
                                                          W.P.Nos.29612, 29615 and 29616 of 2019



                     W.P.No.29615 of 2019:

                     Oriental Bank of Commerce,
                     rep. by its Chief Manager-Law A.Ramesh Babu,
                     Spencer Plaza, 2nd Floor,
                     769, Anna Salai, Mount Road,
                     Chennai - 600 002.                                      .. Petitioner

                                                        -vs-


                     1.The District Collector/The District Magistrate,
                       Coimbatore District,
                       State Bank Road, Beside Police Office,
                       Gopalapuram, Coimbatore,
                       Tamil Nadu - 641 018.

                     2.M/s. Shree Thailayee Amman Steel & Alloya,
                       rep. by its Partners,
                       3/7, B, Irwin Road, Jothipuram,
                       Coimbatore - 641 047.

                     3.T.Senthilkumar,
                       Partner M/s.Shree Thailayee Amman Steel & Alloys,
                       24-1, Tatabad Street No.7.
                       Coimbatore - 641 012.

                     4.B.Maheswri,
                       Partner M/s.Shree Thailayee Amman Steel & Alloys,
                       61/33A, Ranganathapuram,
                       Periyanaickenpalayam,
                       Coimbatore - 641 020.                            .. Respondents




                     __________
                     Page 2 of 9


https://www.mhc.tn.gov.in/judis/
                                                          W.P.Nos.29612, 29615 and 29616 of 2019



                     W.P.No.29616 of 2019:

                     Oriental Bank of Commerce,
                     rep. by its Chief Manager-Law A.Ramesh Babu,
                     Spencer Plaza, 2nd Floor,
                     769, Anna Salai, Mount Road,
                     Chennai - 600 002.                                      .. Petitioner


                                                        -vs-


                     1.The District Collector/The District Magistrate,
                       Coimbatore District,
                       State Bank Road, Beside Police Office,
                       Gopalapuram, Coimbatore,
                       Tamil Nadu - 641 018.

                     2.M/s. Gurusamy Steel,
                       30, Janakiammal Layout,
                       Ambal Nagar,
                       Avarampalayam Road,
                       Coimbatore - 641 006.

                     3.M.Alagiri,
                       Partner M/s.Gurusamy Steels,
                       30, Janakiammal Layout,
                       Ambal Nagar,
                       Avarampalayam Road,
                       Coimbatore - 641 006.

                     4.D.Rachel Philip,
                       30, Janakiammal Layout,
                       Ambal Nagar,
                       Avarampalayam Road,
                       Coimbatore - 641 006.                                 .. Respondents




                     __________
                     Page 3 of 9


https://www.mhc.tn.gov.in/judis/
                                                             W.P.Nos.29612, 29615 and 29616 of 2019



                               W.P.No.29612 of 2019 filed under Article 226 of the Constitution
                     of India praying for issue of Writ of Mandamus directing the first
                     respondent viz., the District Magistrate/District Collector to issue
                     appropriate orders and directions to the Tahsildhar, Coimbatore Taluk
                     or appropriate authority to take physical possession of the secured
                     assets, namely the property situated at SF No.50/2A and 51/4, site
                     No.2 (Southern Portion) Amman Nagar, Singanallur, Coimbatore - 641
                     005 within the following boundaries East of - SF No.51/4, West of 20
                     ft. north south road, north of 20 ft. east west road, south of northern
                     portion of site No.2 (SS Pappy Property) belonging to S.P.Chinnayya,
                     totally 3 cents and 71 sq. ft. or 1377 sq. ft. together with constructed
                     building belonging to S.P.Chinnayya with a right way in the layout
                     roads, basements, appurtenances etc.


                               W.P.No.29615 of 2019 filed under Article 226 of the Constitution
                     of India praying for issue of Writ of Mandamus directing the first
                     respondent, viz., the District Magistrate/District Collector to issue
                     appropriate orders and directions to the Tahsildhar, Coimbatore Taluk
                     or appropriate authority to take physical possession of the secured
                     assets, namely item No.1 in the Coimbatore Registration District, in
                     Gandhipuram        Sub   Registration   District,   Sanganoor    Village   TS
                     No.11/598, situated at Site No.198, Door No.106, 7th street, Tatabad,
                     Gandhipuram, Coimbatore - 641 012 and as per document No.592/213
                     within the following boundaries; east of Rangammal house, north of
                     Krishnamma Achari property, south of 5 ft. pathway and Subbulakshmi
                     property, west of property belonging to Siva Murugesan to an extent of


                     __________
                     Page 4 of 9


https://www.mhc.tn.gov.in/judis/
                                                               W.P.Nos.29612, 29615 and 29616 of 2019



                     840 sq. ft. of land and building beloning to Senthil Kumar T thereon
                     with a right way of the layout roads, basements, appurtenances etc,
                     item No.2 in Coimbatore Registration District, Ganapathy Sub Registrar
                     on Distrcit Ganapathy Village, S.F.No.250/3C, Site No.10, Railway Line
                     Street, Ganapathy Coimbatore as per the Document No.592/2013
                     within the following boundaries north and west of post man Ramasamy
                     Naidu property, east of 20 feet road, south of Railway Line totally 140
                     sq. ft. land and building belonging to T.Senthil KUmar thereon with a
                     right way in the layout roads, basements, appurtenances etc.


                               W.P.No.29616 of 2019 filed under Article 226 of the Constitution
                     of India praying for issue of Writ of Mandamus directing the first
                     respondent, viz., the District Magistrate/District Collector to issue
                     appropriate orders and directions to the Tahsildhar, Coimbatore Taluk
                     or appropriate authority to take physical possession of the secured
                     assets, namely the property situated at SF No.403/1, 2, 3 and 404/1B
                     situated       at   site    No.26,     Murugan     Colony,     Edayarpalayam,
                     Kavundampalayam            Village,   Vadavalli   SRO   Coimbatore,    as   per
                     document No.5924/2006 within the following boundaries north of site
                     No.25, owned by Rama Kalyani, east of 20 feet road, south of site
                     No.27, west of land in SF No.426, the effective area of land being 2500
                     sq. ft. and with RCO building of 1085 sq. ft. in ground floor and 675
                     sq. ft. in first floor with all other appurtenances compound wall on the
                     south and western site of building and staircase and easements
                     belonging to D.Rachel Philip etc.



                     __________
                     Page 5 of 9


https://www.mhc.tn.gov.in/judis/
                                                              W.P.Nos.29612, 29615 and 29616 of 2019




                                    For Petitioner            : Mr.S.K.Srinivasan

                                    For Respondents           : Mr.K.S.Suresh
                                                                Government Advocate


                                                   COMMON ORDER

(Order of the Court was made by The Hon'ble Chief Justice) The matter pertains to the petitioner's application to the respondent District Collector-District Magistrate under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

2. The petitioner complains that despite the petitioner having approached the District Collector some time in 2018, no steps have been directed to be taken as of now.

3. It is imperative that authorities approached under Section 14 of the Act of 2002 extend the assistance as sought by the secured creditors upon a prima facie satisfaction that the secured creditor has a claim against the debtor. There is no doubt that the delay in the __________ Page 6 of 9 https://www.mhc.tn.gov.in/judis/ W.P.Nos.29612, 29615 and 29616 of 2019 present case has been primarily due to the situation arising out of the pandemic over the last year or so.

4. W.P.No.29612 of 2019 along with W.P.Nos.29615 and 29616 of 2019 are disposed of by requesting the appropriate officials approached under Section 14 of the Act of 2002 to render such assistance as may be necessary and may be perceived to be appropriate for the writ petitioner-secured creditor to take meaningful steps under Section 13(4) of the Act of 2002 against the relevant debtors. It is made clear that the requisite steps should be directed to be taken within a period of six weeks from date.

There will be no order as to costs.

                                                                     (S.B., CJ.)       (S.K.R., J.)
                                                                               08.02.2021

                     Index           : No
                     bbr




                     __________
                     Page 7 of 9


https://www.mhc.tn.gov.in/judis/ W.P.Nos.29612, 29615 and 29616 of 2019 To:

The District Collector/The District Magistrate, Coimbatore District, State Bank Road, Beside Police Office, Gopalapuram, Coimbatore, Tamil Nadu - 641 018.
__________ Page 8 of 9 https://www.mhc.tn.gov.in/judis/ W.P.Nos.29612, 29615 and 29616 of 2019 THE HON'BLE CHIEF JUSTICE AND SENTHILKUMAR RAMAMOORTHY, J.
bbr W.P.Nos.29612, 29615 and 29616 of 2019 08.02.2021 __________ Page 9 of 9 https://www.mhc.tn.gov.in/judis/