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2019 (12) TMI 1649 - MADRAS HIGH COURTEntitlement for recovery of advances interest (by Bank) - classification of the loan account as Non Performing Assets - amount payable in conditional interim order - HELD THAT:- This Court is of the considered view that a prima facie case has been made out for grant of interim orders for the reason that the petitioner appearsto have made substantial payments and despite that further action is contemplated against the properties of the petitioner Company, which may result in irreparable loss and grave hardship to him and balance of convenience as on today lies in favour of the petitioner. Hence there shall be an order of adinterim injunction, as prayed for till 21.01.2020. However it is made clear that till the disposal of the writ petition, the writ petitioners shall not create any third party rights in respect of the properties in question. Call on 21.01.2020.
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