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madras High Court · 2026-06-29

MR.K.DHANASEKARAN vs M/S.CANARA BANK

Court
madras High Court
Petitioner
MR.K.DHANASEKARAN
Respondent
M/S.CANARA BANK
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Judgment text excerpt

WP No. 32177 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 29-06-2026 CORAM THE HON'BLE MR.SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN WP No. 32177 of 2024 and WMP No.34936 of 2024 Mr.K.Dhanasekaran Proprietor M/s.Hanuman Knit Fashion Proprietorship Concern, 20 Arul Nagr, Kangeyam Main Road, Vijayapuram Post, Tirupur- 641 606. ..Petitioner(s) Vs M/s.Canara Bank CIN No.U67190KA1906PLC001069 P.N. Road Branch, Sri Bhagyalakshmi Complex P.N.Road, Tirupur- 641 602. Rep By Its Authorized Officer. ..Respondent(s) Writ Petition filed under Article 226 of the Constitution of India seeking a writ of certiorarified mandamus to call for the records pertaining to impugned possession notice in Ref.: Tirupur/RESEC/POSS/Hanuman Knit Fashion / 2024-25 dated 03.08.2024 and impugned auction notice in Ref. E- Auction Sale / Hanuman Knit fashion / 2024 dated 18.09.2024 issued by the Respondent bank quash the same and direct the Respondent Bank to adhere to framework for Revival and Rehabilitation of MSMEs issued vide Notification dated 29.05.2015 issued by the Ministry of MSME and Reserve Bank of India (Lending to Micro , Small and Medium Enterprises