Narla Raji Reddy v. Union Of India And 3 Others

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE KUNURU LAKSHMAN WRI T PETI TI ON NO.13249 OF 2019 ORDER: (per SK,J) The writ petition was filed assailing the order dated 25.03.2019 passed by the learned Chief Judicial Magistrate, Warangal, in Crl.M.P.No.12 of 2019 in exercise of power under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, 'the SARFAESI Act'). This order was secured by the ICICI Bank Limited, Warangal, the second respondent herein.

2.

While so, we are now informed by Sri Kalyan Chakravarthy, learned counsel for the respondent bank, that the Advocate-Commissioner's warrant issued pursuant to the impugned order dated 25.03.2019 lapsed as it could not be executed within time. He would further state that in the light of this development, the bank would have to take recourse to a fresh application under Section 14 of the SARFAESI Act. 3.

If that be so, challenge to the order dated 25.03.2019 passed in Crl.M.P.No.12 of 2019 has become purely academic and does not warrant consideration on merits.

4.

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 __________________ KUNURU LAKSHMAN,J Date:27.08.2019 GJ