Primary Agricultural Cooperative Credit Society Limited v. The District Collector, Khammam District, Khammam

THE HON'BLE SRI JUSTICE M.GANGA RAO WRIT PETITION No.20026 OF 2007 ORDER:

This writ petition is filed by the petitioners seeking a direction to the respondents not to disburse the compensation amount to the land owners on the ground that they have obtained loans from the first petitioner society keeping the lands as a security and if the compensation is paid to them, it is difficult for the first petitioner society and its financing bank (2nd petitioner) to recover the amounts from the borrowers whose lands are mortgaged to the first petitioner society without producing no-objection certificates from the petitioners.

2.

This Court, while admitting the writ petition on 20.09.2007, passed an interim order, directing the respondents not to disburse the compensation amount to the borrowers of the petitioners, without producing no-objection certificates from them for the lands acquired as per Section 6 Draft Declarations under the Land Acquisition Act, 1894, in Proceedings No.B2/1764/2007-1, dated 09.08.2007 and B2/2421/2007-2, dated 14.08.2007.

3.

Now, it is represented by the learned counsel for the petitioners that loans were recovered from the borrowers and no-objection certificates were issued for the amounts of which

compensation is being paid to the borrowers/land oustees, and hence, no further orders are required in this writ petition. 4.

Recording the said submission of the learned counsel for the petitioners, the writ petition is closed. No costs. Miscellaneous Petitions, if any, pending in this Writ Petition shall stand closed.

____________________________ JUSTICE M.GANGA RAO 25th January, 2018 anr

THE HON'BLE SRI JUSTICE M.GANGA RAO WRIT PETITION No. 20026 OF 2007 25th January, 2017 anr