G.BHASKAR vs THE INDIAN BANK

WP No. 32863 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 23-06-2026 CORAM THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ WP No. 32863 of 2024 and WMP No.35692 of 2024 1. G.Bhaskar S/o.P.V.Goverthan, No.10/20,Veerasamy, 3rd Street, Ayanavaram, Chennai-600023. 2. N.Subramani S/o.Natesa Mudhaliyar, No.1.Thiruvalluvar Street, Sainathapuram,Vellore-632001. ..Petitioner(s) Vs The Indian Bank Asset Recovery Management Branch, No.55,Ethiraj Salai,Chennai-600 008. ..Respondent(s) PRAYER: Writ Petition filed under Article 226 of the Constitution of India, pleased to issue a Writ of Mandamus, to direct the respondent to refund the 25% bid amount of Rs.5,40,000/- with interest @ 24% per annum from 30.11.2009 till payment. For Petitioner(s): Mr. S.Sathish Rajan For Respondent(s): Mr. P. V. Murlidhar __________ Page1 of 5 https://www.mhc.tn.gov.in/judis ( Uploaded on: 29/06/2026 03:37:48 pm ) WP No. 32863 of 2024 ORDER The present writ petition has been filed praying for a writ of Mandamus, to direct the respondent to refund the 25% bid amount of Rs.5,40,000/- with interest @ 24% per annum from 30.11.2009 till payment. 2. After submitting for a brief while, learned counsel for petitioner w