2023 (9) TMI 667

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....Srimathy For the Petitioner : M/s.B.Vijay Karthikeyan For the Respondents : Mr.R.Nandakumar, Senior Standing Counsel ORDER This writ petition is filed challenging the impugned order, dated 22.09.2020. 2. Heard B.Vijay Karthikeyan, the Learned Counsel appearing for the petitioner, Mr.R.Nandakumar, the Learned Senior Standing Counsel appearing for the respondents and perused the material docum....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ny Show Cause notice. Therefore, the petitioner was not in a position to explain the same before the authorities. It is also submitted that the company was closed in the year 2015 itself. Therefore, there was no communication among the parties. 5. In view of the foregoing reasons, this Court is of the considered opinion that the petitioner is entitled to the relief based on the statement of Bank ....