Gandham Jhothi W/O.Raju v. The Authorised Officer

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE GUDI SEVA SHYAM PRASAD WRI T PETI TI ON No. 8622 of 2016 ORDER: (per Hon'ble Sri Justice Sanjay Kumar) This writ petition was filed assailing the auction sale notice dated 11.02.2016 issued under the provisions of the Securitization & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

By order dated 18.03.2016 this Court, while ordering notice before admission, permitted the auction to go on but directed the Bank not to confirm the same for a period of four weeks.

While so, Sri A. Krishnam Raju, learned standing counsel for the respondent Bank, states that the loan account of the petitioners has been closed and that no dues are pending as on date. Ms. Sumathi Kopparthi, learned counsel for the petitioners, states that she has no instructions.

However, in the light of the statement made by the learned standing counsel for the respondent Bank, the cause in this Writ Petition no longer survives for consideration on merits. The Writ Petition is accordingly closed.

Pending Miscellaneous Petitions shall also stand closed. No order as to costs.

____________________________ JUSTI CE SANJAY KUMAR Date: 09.06.2017 ______________________________________ JUSTI CE GUDI SEVA SHYAM PRASAD va