Saravana Housing (P) Ltd vs Bank of Maharashtra

WP No.25962 of 2022 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 06.07.2026 CORAM THE HON'BLE MR.SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN WP No.25962 of 2022 Saravana Housing (P) Ltd a Company Incorporated under the Companies Act, 1956 having its Registered Office at No.15 New Giri Road Opp. to Hotel Accord, Off G.N.Chetty Road, T. Nagar, Chennai 600 017 rep. By its Director Srikanth Narasimhan : Petitioner versus Bank of Maharashtra Asset Recovery Branch by its Authorised Officer First Floor, No.4, Sivagananam Road T.Nagar Chennai 600 017. : Respondent Prayer: Petition filed under Article 226 of the Constitution of India for issuance of a Writ of Mandamus directing the respondent Bank to refund the Earnest Deposit Amount of Rs.18,20,000/- remitted by the petitioner Company to the respondent bank on 08.09.2022 for participating in the E-auction conducted on 09.09.2022. For Petitioner : Mr.K.V.Babu For Respondent : Mr.D.Sairam Kumar https://www.mhc.tn.gov.in/judis ( Uploaded on: 07/07/2026 03:31:00 pm ) WP No.25962 of 2022 ORDER (Order of the Court was made by the Hon'ble Chief Justice) This petition is filed under Article 226 of the