M /S Shree Vinayaka Auto Gas Filling And Service Station v. State Bank Of India

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE KUNURU LAKSHMAN WRI T PETI TI ON No.16105 OF 2019 ORDER: (per SK,J) Challenge in this writ petition was to the e-auction sale notice dated 17.07.2019 issued by the State Bank of India proposing to put to sale the movable secured assets belonging to the petitioner on 05.08.2019.

2.

By order dated 02.08.2019 passed in I.A.No.1 of 2019 filed in this writ petition, this Court granted interim stay of all further proceedings pursuant to the impugned e-auction sale notice on the ground that the same was not in conformity with the requirements of law and more particularly Rule 6 of the Security Interest (Enforcement) Rules, 2002. 3.

Sri Ch.Shiva Reddy, learned counsel appearing for the respondent bank, would inform this Court that the sale was not held in the light of the above interim order.

4.

The cause in this writ petition has therefore worked itself out. 5.

The writ petition is accordingly closed on this short ground leaving all issues open. Pending miscellaneous petitions, if any, shall also stand closed. No order as to costs.

________________ SANJAY KUMAR,J __________________ KUNURU LAKSHMAN,J Date:26.08.2019 GJ