records relating to the proceedings
of the impugned notice in TIIC/DGL/BO/LAO/2022 dated
30.01.2023 on the file of the first respondent ... writ petitioner borrowed a sum of Rs.10.5 Lakhs
from TIIC way back in the year 1997. He committed default.
Therefore, the establishment
Additional Chief Secretary/
Chairman and Managing Director
The TIIC Ltd., Head Office,
No. 692, Anna Salai,
Nandanam,
Chennai – 600 035.
2. The Branch Manager,
TIIC ... call for the
records of the Second Respondent's Letter No. TIIC/VLR/BO/2023-24 dated
09.10.2023 and to quash the same
order, the stand
taken by the learned Standing counsel appearing for TIIC was
recorded by this Court. Therefore, based on such submission made ... such instruction was given to the learned Standing
counsel appearing for the TIIC to give any such consent, to pass
orders in the writ petition
against the fifth
and sixth respondents to clear the subsisting encumbrance of TIIC and
hand over the prior title deeds which are with the sixth ... clear the subsisting
encumbrance of Tamil Nadu Industrial Investment Corporation (TIIC)
and hand over the prior title deeds which are with the sixth respondent
that
Govindarajan
For Respondents : Mr.I.Sathish
Standing counsel for TIIC
ORDER
The prayer sought for herein is for a writ of certiorarified mandamus
calling ... industrial loan from the respondent Tamil
Nadu Industrial Investment Corporation i.e. TIIC. Since there has been an
overdue in repaying the said loan
before me, i.e., The Tamil Nadu Industrial Investments Corporation Limited ('TIIC' for brevity).
3.Said HP agreement is for purchase of Circular ... order, the writ petitioner has come up with a prayer to mandamus TIIC (respondent no.1 before me) to return title documents deposited with them
concerned, the
property of the said company was brought to action by “TIIC Limited” for
non-payment of the loan amount and the 3rd respondent ... delay in payment of the
auction money by the successful bidder, the “TIIC Limited” charged
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records of the respondent which culminated in the notice Ref: TIIC/SRB-DIV II/PKR/2004-05 dated 10.08.2004 and quash the same and direct ... respondent, Tamil Nadu Industrial Investment Corporation Limited (hereinafter referred to as TIIC for the sake of brevity, convenience and clarity) has assailed an order dated
security for the
loan amount. He committed default in 2003 and the TIIC took over the
possession of the factory premises and sold ... year 2014 for Rs.30
Lakhs.
2.1. Thereafter, the TIIC issued a notice dated 30.01.2023, stating
that the total outstanding
appellants are the Tamilnadu Industrial Investment
Corporation Limited (in short ‘TIIC’) and this appeal arises from an
order passed by learned Judge of this Court ... property in question had been mortgaged by way of equitable mortgage
with TIIC as collateral for two loans taken by a partnership firm. Since
