Madras High Court
WP/35168/2022 of Madras Arbitration Solutions LLP Vs National Credit Guarantee Trustee Company on 14 October 2026
WP No. 35168 of 2022
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 14-10-2026
CORAM
THE HON'BLE MS. JUSTICE P.T. ASHA
WP No. 35168 of 2022
CNR:{HCMA011810272022}
AND
WMP NO. 34637 OF 2022
Madras Arbitration Solutions LLP
Registered Office at No.23/9
Vignesh Apartments, Ground Floor,
Jothi Ramalingam Street, West Mambalam, Chennai-600 033.
Also at : 11/6, Francis Joseph Street,
Parrys, Chennai-600 001.
Rep. by its Managing Partner Mrs.G.Shobana ..Petitioner
Vs
1. National Credit Guarantee Trustee Company (Ministry of Finance, Government of India)
Swavlamban Bhavan, C11, G Block,
Bandrakurla Complex, Bandra (E),
Mumbai-400 051.
2. Ministry of Finance,
Department of Financial Services,
3rd Floor, Jeevan Deep Building
Sansad Marg, New Delhi-110 001.
3. Reserve Bank of India
WRMP + 4Q9, New Central Office Building, Shahidbhagat Singh Road, Fort Mumbai, Maharashtra - 400 001.
4. Sundaram Finance Limited,
No. 21, Patullas Road, Chennai - 600 002.
Represented by its Senior Assistant General Manager-Legal S.Sugavanam.
(R4 impleaded vide order dated 03.02.2023 in WMP.No.3302/2023 in WP.No.35168/2022)
..Respondent(s)
WP No. 35168 of 2022
PRAYER : Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Certiorarified Mandamus calling for the records of the 1st respondent relating to the Operational Guidelines of Emergency Credit Line Guarantee Scheme (ECLGS) along with FAQs (Frequently Asked Questions)
updated as on October 06, 2022 quashing the FAQ Question No.161 to the Operational Guidelines of Emergency Credit Line Guarantee Scheme (ECLGS)
as ultra vires and consequently directing the respondents to include arbitration also as one of the legal action for recovery of dues in FAQ Question No.161 to the operational Guidelines for Emergency Credit Line Guarantee Scheme (ECLGS).
For Petitioner:
Mr.M.Arunachalam
For Respondents:
Mr.M.Ramamoorthi
Senior Panel Counsel for Central Govt.
for R2
Mr.S.Suresh for R4
R1 - Served [ No appearance]
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ORDER
The learned counsel appearing for the petitioner would submit that the relief claimed in the above writ petition has become infructuous, and therefore, the writ petition may be closed as infructous.
WP No. 35168 of 2022
2. Recording the submissions of the learned counsel for the petitioner, this writ petition is dismissed as infructuous. No costs. Consequently, connected miscellaneous petition is closed. 14-10-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No DS To:
1. National Credit Guarantee Trustee Company (Ministry of Finance, Government of India) Swavlamban Bhavan, C11, G Block, Bandrakurla Complex, Bandra (E), Mumbai-400 051.
2. Ministry of Finance, Department of Financial Services, 3rd Floor, Jeevan Deep Building Sansad Marg, New Delhi-110 001.
3. Reserve Bank of India WRMP + 4Q9, New Central Office Building, Shahidbhagat Singh Road, Fort Mumbai, Maharashtra - 400 001.
WP No. 35168 of 2022
P.T.ASHA J. DS WP No. 35168 of 2022 and WMP No. 34637 of 2022 14-10-2026