Madras High Court
WP/23049/2022 of The Managing Director Vs The Chief Manager on 8 October 2026
WP No. 23049 of 2022
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 08-10-2026
CORAM
THE HON'BLE MS. JUSTICE P.T. ASHA
WP No. 23049 of 2022
CNR:{HCMA011339562022}
The Managing Director
M/s. Mohan Breweries and Distilleries Limited Vadhiraja Centre, No. 351,Avvai Shanmugham Salai Chennai 86
..Petitioner(s)
Vs
1. The Chief Manager
State bank of India, Commercial branch
Chennai 01
2. The Assistant General Manager
Commercial Branch Accounts and Admin No.
232, N.S.C. Bose Road Chennai 02
3. M/s.Arcot Center Developers LLP
Represented by Mr. R. Baba Shankar Having office at M 50 LB Road Indira Nagar Adyar Chennai 20
..Respondent(s)
Prayer:-Writ petition filed under Article 226 of the Constitution of India praying for issuance of a writ of Certiorarified Mandamus calling for the impugned notice issued by the 2nd respondent herein in proceedings in CB
/ACCTS / 2022-23 / 266 / dated 19.07.2022 and quash the same and
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WP No. 23049 of 2022
consequently direct the 1st and the 2nd respondent bank to cancel the Demand Draft vide DD. No. 507167 dated 11.04.2022 favouring ‘Arcot Centre Developers LLP’ and Credit the amount to the petitioners account.
For Petitioner(s):
Mr. Narmadha Sampath
For Respondent(s): Ms.A.Madhuvanthi
For Mr. M.L.Ganesh - for R1 &R2
Mr. R.Saravanakanni- for R3
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Order
This Court by order dated 20.08.2026 had referred this matter to the mediation centre, High Court, Madras.
2. Before the Mediation Centre, the parties have resolved their disputes and had entered into a settlement agreement dated 29.09.2026 wherein the following terms of settlement were arrived at: “6. The following settlement has been arrived at between the Parties hereto: The 3rd respondent M/s ARCOT Center Development has given NOC (No objection Certificate) for Cancellation of DemanDraft No 507167 dated
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WP No. 23049 of 2022
11.04.2022 drawn at SBI, commercial Branch, Accounts and Admin by way of letter dated 29.09.2026 through their Authorised Signatory.
1. Resolution dated 31.08.2026 authorising Mr.R.Venkataraman to participate and settle in the instant issue.
2. NOC letter dated 29.09.2026.”
3. The petitioner and the respondents and their respective counsels have signed the said settlement agreement.
4. In view of the above Mediation Settlement Agreement arrived at between the parties, the writ petition is disposed of. The above terms of the settlement agreement are recorded. The Settlement Agreement dated 29.09.2026 shall form part of this order. No costs. 08-10-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No SRN
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WP No. 23049 of 2022
To
1. The Chief Manager State bank of India Commercial branch Chennai 01
2. The Assistant General Manager Commercial Branch Accounts and Admin No. 232, N.S.C. Bose Road, Chennai 02
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WP No. 23049 of 2022
P.T.ASHA J. SRN WP No. 23049 of 2022 08-10-2026
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