M/S. Mugda Graphics Private Limited v. The State Of Telangana

THE HON'BLE SRI JUSTICE SANJAY KUMAR AND THE HON'BLE Dr. JUSTICE B. SIVA SANKARA RAO WRIT PETITION No.18872 of 2016 ORDER: (per Hon'ble Sri Justice Sanjay Kumar) Sri D.V. Ramana Sarma, learned counsel for the petitioner, states that the sale notice dated 14.05.2016 did not materialise in any sale owing to lack of bidders.

In that view of the matter, the writ petition is dismissed as infructuous leaving it open to the petitioner to pursue its remedies in accordance with law against the proceedings initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. All issues are left open. Pending miscellaneous petitions, if any, shall also stand dismissed. No order as to costs.

__________________ SANJAY KUMAR, J ___________________________ Dr. B. SIVA SANKARA RAO, J Date:15.06.2016 GJ