In the High Court of Judicature at Madras Dated: 12.02.2007 Coram: The Honourable Mr.Justice P.SATHASIVAM and The Honourable Mr.Justice N. PAUL VASANTHAKUMAR Writ Petition No.36629 of 2002 1.Auto Electrical Corporation 262-A, Trichy Road Coimbatore 18 rep. By its Manager K. Vaidyanathan. 2.Vee Bee Auto Products Ltd., 1286-D, Trichy Road Coimbatore rep. By its Director K. Vaidyanathan. 3.Auto Electrical Equipment Company 262 Trichy Road Coimbatore 18 rep. By its partner K. Vaidyanathan. ..Petitioners ..vs.. 1.Union of India rep. By its Secretary Ministry of Law, Justice and Company Affairs (Legislative Department) New Delhi. 2.M/s. Vijaya Bank Dr. Nanjappa Road Coimbatore 641 018 rep. By its Manager. ..Respondents https://hcservices.ecourts.gov.in/hcservices/ Writ petition filed under Article 226 of the Constitution of India, praying for issuance of a writ of Declaration declaring that the provisions of securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Ordinance, 2002 (Ordinance No.2 of 2002) as illegal, ultravires, unconstitutional void and unenforceable to the petitioners. For Petitioners : Mr. V. Ramajegadeesan For 2nd Respondent : Mr. Omprakash for M/s. Ramalingam Assts. .. ORDER (Order of the Court was made by P.SATHASIVAM,J.) It is not in dispute that in view of the decision of the Supreme Court in the case of Mardia Chemicals Ltd. vs. Union of India reported in 2004 (2) CTC 759, present writ petition is liable to be dismissed; accordingly, the writ petition is dismissed on the same terms. No costs. Sd/ Asst.Registrar /true copy/ Sub Asst.Registrar To 1.The Secretary Union of India Ministry of Law, Justice and Company Affairs (Legislative Department) New Delhi. 2.The Manager M/s. Vijaya Bank Dr. Nanjappa Road Coimbatore 641 018. +2ccs to M/s.Ramalingam & Associates Sr 8500 MJ(CO) km/19.2. Writ Petition No.36629/02 https://hcservices.ecourts.gov.in/hcservices/