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High Court for State of TelanganaWP/3963/2017dismissed no costs

Bokka Subrahmanyam, v. The State Bank Of Hyderabad,

2017-11-15Sanjay Kumar,J. Uma Devi1 pages

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE MS. JUSTI CE J.UMA DEVI WRI T PETI TI ON No.3963 OF 2017 ORDER: (per Hon'ble Sri Justice Sanjay Kumar) Challenge in this writ petition is to the action of the State Bank of Hyderabad in issuing e-auction-cum-sale notice dated 04.01.2017 proposing to put to sale the property belonging to the borrowers, the petitioners herein.

By order dated 06.02.2017, this Court permitted the auction sale to go on but directed the bank not to confirm the sale for a period of six weeks. The said interim order was extended thereafter until further orders.

Sri Ch.Siva Reddy, learned counsel for the bank, would now inform us that the auction sale proposed to be held on 07.02.2017 came to naught for want of bidders.

In that view of the matter, challenge to the impugned notice is rendered purely academic and does not warrant consideration on merits. The writ petition is accordingly dismissed on this short ground leaving all issues open.

Pending miscellaneous petitions, if any, shall also stand dismissed. No order as to costs.

_________________ SANJAY KUMAR,J _________________ J.UMA DEVI ,J Date:15.11.2017 IBL