M/S Yes Bank Ltd. v. M/S Deccan Chronicle Holdings Limited,

The Hon'ble Sri Justice C.V.Nagarjuna Reddy and The Hon'ble Sri Justice G.Shyam Prasad Civil Miscellaneous Appeal No.593 of 2016 Date: 25.07.2016 Between:

M/s.Yes Bank Ltd., Mumbai ..Appellant and M/s.Deccan Chronicle Holdings Ltd., Secunderabad and another ..Respondents Counsel for the Appellant: Mr.R.Raghunandan for Mr.Rama Chandra Rao Gurram The Court made the following:

Judgment: (Per the Hon'ble Sri Justice C.V.Nagarjuna Reddy) This Civil Miscellaneous Appeal (CMA) is filed against Order, dated 16-08-2014, in IA.No.4535 of 2014 in OS.No.678 of 2014, on the file of the Chief Judge, City Civil Court, Hyderabad.

By the afore-mentioned Order, the lower Court

has granted ad interim injunction restraining the appellant and respondent No.2 from interfering with the peaceful possession of respondent No.1 in respect of the suit schedule property.

After hearing Mr.R.Raghunandan, learned Counsel for the appellant, and perusing the record, we are of the opinion that as the order assailed in this CMA is in the nature of an ex parte ad interim injunction order, it is appropriate that the lower Court disposes of the IA within a reasonable time.

As nearly two years had elapsed from the date of passing of the order under appeal, the lower Court is directed to positively dispose of IA.No.4535 of 2014 within three months from the date of receipt of this order after hearing both sides.

Subject to the above direction, the CMA is disposed of.

As a sequel to disposal of the CMA, Miscellaneous Petitions, pending if any, stand disposed of as infructuous.

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(C.V.Nagarjuna Reddy, J) _________________ (G.Shyam Prasad, J) Dt: 25th July, 2016 lur