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High Court for State of TelanganaWP/14883/2015withdrawn

M/S.Veerraju Poultry, Rep. By Partner v. The Idbi Bank Ltd.,

2015-11-16R.Subhash Reddy,A.Shankar Narayana4 pages

HIGH COURT OF JUDICATURE AT HYDERABAD FOR THE STATE OF TELANGANA AND THE STATE OF ANDHRA PRADE THURSDAY , THE EIGHTEENTH DAY OF JUNE TWO THOUSAND AND FIFTEEN :PRESENT:

THE HON'BLE SRI JUSTICE R.SUBHASH REDDY AND THE HON'BLE SRI JUSTICE A.SHANKAR NARAYANA WP .NO:14883 of 2015 Between:

M/s.Veerraju Poultry, Rep. by partner : Rajulapudi Srinivas Rao, S/o. Sri R. Veerju, Age 48 years, R/o 4-168, Kamanagaruvu, Amalapuram East Godavari Dist- A.P. 533213.

..... Petitioner AND 1 The IDBI Bank Ltd., Rep. by its Regional Manager, GM & RHAP-II, 50-40-16/1, TPT Colony, Seethammadhara, Visakhapatnam- 530 013 A.P. 2 The IDBI Bank Ltd., Authorized Signatory, GM & RHAP-II, 50-40-16/1, TPT Colony, Seethammadhara, Visakhapatnam- 530 013 A.P. 3 The IDBI Bank Ltd., Athreyapuram Br. Rep. by its Manager, Athreyapuram Br 4-20/A1, Sandeep Buildings, Athreyapuram, East Godavari Dist- 533 235.

Respondents Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed herein, the High Court may be pleased to issue an order or orders, direction or directions, Writ or Writs, more particularly one in the nature of Writ of Mandamus and to declare the action of the respondents in proceeding with the auction as per the auction notice dated.08-04-2015 is illegal, arbitrary and violative of principles of natural justice violat5ive of articles 14, 21 and 300 A of the Constitution of India after receiving R s .16 lakhs out of Rs.19,61,452/- consequently set-aside the auction conducted by the respondent bank pertaining to the property of the petitioners situated in RS No.1045/2 & 1046/1, Door No.4-168 to an extent of Ac.0.31 cents out of 0.

58 cents in Kamanagaruvu Panchayat, Amalapuram Mandal, E.G. Dist., covered by auction notice dtd.08-04-2015. The petition coming on for hearing, upon perusing the Petition and the affidavit filed herein and order of the High Court dated 05-06-2015 made herein and upon hearing the arguments of SRI K.L. N. SWAMY, Advocate for the Petitioner and of Sri B. Hanumantha Rao, Standing Counsel for the Respondent, the Court made the following.

Post after two weeks for filing counter.

Interim order dated 05-06-2015 to continue pending further orders. .

ASSISTANT REGISTRAR //TRUE COPY// For ASSISTANT REGISTRAR To 1 One CC to SRI K.L. N. SWAMY, Advocatem (OPUC)

2. One spare copy.

Tvr HIGH COURT RSRJ & ASNJ DATED: 18-06-2015 WP NO.14883 OF 2015

Post after four weeks DRAFTED: TVR DATED" 23-06-2015 HIGH COURT RSRJ & ASNJ DATED: 18-06-2015

WP NO.14883 OF 2015 Post after four weeks v