M/s.TRANSCO TECHNOLOGIES PAWAN JHABAKH vs The Authorised Officer — WP/17109/2026

Case under Others Section 1. Disposed: Contested--WITHDRAWN DISMISSED on 08th June 2026.

Case disposed

CNR: HCMA010972412026

Filing Number

WP/72055/2026

Filing Date

21-Apr-2026

Registration No

WP/17109/2026

Registration Date

27-Apr-2026

Judge

Honourable The Chief Justice , Honourable Mr.Justice G.arul Murugan

Coram

Honourable The Chief Justice , Honourable Mr.Justice G.arul Murugan

Bench Type

Division Bench

Category

Banking ( 15 )

Sub-Category

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, ( 33 )

Judicial Branch

WRITSECTION

Decision Date

08-Jun-2026

Nature of Disposal

Contested--WITHDRAWN DISMISSED

Last updated 10-Jun-2026

Acts & Sections

Others Section 1

Petitioner(s)

  1. 1.M/s.TRANSCO TECHNOLOGIES PAWAN JHABAKH

  2. 2.Subheesh P.C.,

  3. 3.Somsundaram M

  4. 4.Survarna R.M

Respondent(s)

  1. 1.The Authorised Officer

Case History

  1. Case disposedDisposed

  2. 08-Jun-2026

    Honourable The Chief JUSTICE,Honourable Mr.Justice G.arul MuruganView PDF

    Case Summary: WP/17109/2026 M/s. Transco Technologies and partners challenged Bank of Baroda's sale notice and e-auction of mortgaged property, alleging the bank illegally applied sale proceeds toward a non-secured loan instead of the secured cash credit facility. The petitioners sought to quash the February 2026 notice and March 2026 e-auction, and demanded refund of Rs. 6,16,777. The High Court of Madras dismissed the petitions as withdrawn on June 8, 2026, after counsel sought withdrawal with liberty to pursue alternative remedies, with no costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 08-Jun-2026

    For Admission

    Honourable The Chief Justice , Honourable Mr.Justice G.arul Murugan

  4. 21-Apr-2026

    Case filed

    Registration No. WP/17109/2026

casestatus.in Summary

Case Summary: WP/17109/2026 M/s. Transco Technologies and partners challenged Bank of Baroda's sale notice and e-auction of mortgaged property, alleging the bank illegally applied sale proceeds toward a non-secured loan instead of the secured cash credit facility. The petitioners sought to quash the February 2026 notice and March 2026 e-auction, and demanded refund of Rs. 6,16,777. The High Court of Madras dismissed the petitions as withdrawn on June 8, 2026, after counsel sought withdrawal with liberty to pursue alternative remedies, with no costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.

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