P.D.Aktrinivasa Rao, v. The Union Bank Of India,

THE HONOURABLE SRI JUSTICE RAJA ELANGO WRIT PETITION No.40117 OF 2016 ORDER:

This writ petition is filed under Article 226 of the Constitution of India seeking the following relief: "to pass an order or direction or writ more particularly in the nature of writ of mandamus by duly declaring the action of the respondent in threatening to file criminal complaint against the petitioner and in refusing to take substitute security in place of the property already mortgaged with the respondent for the credit facility availed in account numbers 517504050045107, 517504050045106 & 51750680000067, as illegal and against the principles of natural justice and consequently direct the respondent to accept the substitute security against the credit facility through the account numbers above, in the interest of justice and to pass such other order and further orders in the circumstances of the case." 2.

After arguing for sometime, learned counsel for the petitioners confined his arguments only to the extent of giving a direction to the respondent to consider the representation, dated 23.11.2016, of the petitioner.

3.

Considering the facts and circumstances of the case and the grievance of the petitioners, without going into the merits of the case, this writ petition is disposed of with the following direction: The respondent is hereby directed to consider the representation, dated 23.11.2016, of the petitioner and pass appropriate orders in accordance with law. There shall be no order as to costs.

4.

Miscellaneous Petitions pending, if any, in this Writ Petition shall stand closed.

_________________________ JUSTICE RAJA ELANGO 19.12.2016 AMD

THE HONOURABLE SRI JUSTICE RAJA ELANGO WRIT PETITION No.40117 OF 2016 Date: 19.12.2016 AMD