N.C. Narsimha Reddy, S/O. Nagireddygari Shankar Reddy, v. The State Of Bank Of Hyderabad,
WRI T PETI TI ON No.44941 of 2016 Betw een:
N.C. Narsimha Reddy PETITIONER And
1. The State Bank of Hyderabad, Yemmiganur Branch, ≠ 1-2023, Devi Nivas, Park Road, Yemmiganur-518 360, Kurnool District, rep. by its Authorised Officer, under SARFAESI Act, and another. RESPONSENTS
VRS,J & GSP,J.
W.P.No.44941/2016 WRI T PETI TI ON No.44941 of 2016 ORDER: (Per Hon'ble Sri Justice V. Ramasubramanian) The petitioner has come up with the above writ petition challenging a notice dated 9.11.2016 issued by the bank.
2.
Heard Mr. M. Ganga Rao, learned counsel appearing for the petitioner. Mr. A. Krishnam Raju, learned counsel takes notice for the 1st respondent-Bank.
3.
At the out set, what is challenged in the writ petition is only a notice issued prior to the sale. The Bank has not issued an auction sale notice in terms of Rule 8(6). Therefore, the petitioner has no cause of action as on date.
4.
In any case, the petitioner should approach only the Tribunal, even if a sale notice is issued hereafter. Therefore, with the above liberty, this writ petition is dismissed. 5.
As a sequel, pending miscellaneous petitions, if any, shall stand closed. There shall be no order as to costs. __________________________ JUSTI CE V. RAMASUBRAMANI AN _______________________ JUSTI CE G. SHYAM PRASAD 22nd December, 2016 Js.
VRS,J & GSP,J.
W.P.No.44941/2016 WRI T PETI TI ON No.44941 of 2016 Date: 22-12-2016 Js.