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High Court for State of TelanganaWP/16602/2017closed no costs

Nisankararao Sarikara Srinivasa Rao, v. The Authorised Officer,

2017-07-252 pages

HON'BLE SRI JUSTICE SANJAY KUMAR And HON'BLE Dr. JUSTICE SHAMEEM AKTHER WRIT PETITION No.16602 OF 2017 ORDER: (Per Hon'ble Sri Justice Sanjay Kumar) Sri P. Venkateswarlu, learned counsel for the petitioners, states that the loan account, in relation to which proceedings were initiated under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for brevity, 'the SARFAESI Act,') leading to the filing of this writ petition, has been closed under a One Time Settlement.

That being so, the cause in this writ petition does not survive for consideration on merits. The writ petition is accordingly closed. Pending miscellaneous petitions, if any, shall also stand closed. No order as to costs.

______________________________ SANJAY KUMAR, J ______________________________ Dr. JUSTICE SHAMEEM AKTHER, J Date: 25-07-2017.

Dsh

SK, J & Dr.SA, J WP No.16602/2017 HON'BLE SRI JUSTICE SANJAY KUMAR And HON'BLE DR. JUSTICE SHAMEEM AKTHER 26072017 WRIT PETITION No.16602 OF 2017 (Order of the Division Bench delivered by Hon'ble Sri Justice Sanjay Kumar) Date. 25-07-2017 DSH