High Court for State of TelanganaWP/43999/2018dismissed

Jaidev Enterprises, v. Hdfc Bank Limited,

2018-12-04V Ramasubramanian,J. Uma Devi3 pages

* I N THE HI GH COURT OF JUDI CATURE AT HYDERABAD FOR THE STATE OF TELANGANA AND THE STATE OF ANDHRA PRADESH * HON'BLE SRI JUSTI CE V.RAMASUBRAMANI AN * THE HON'BLE MS. JUSTI CE J. UMA DEVI + W.P.NO.43999 of 2018 % Date: 04-12-2018 # Betw een:

1. Jaidev Entrerprises, rep. by its Proprietor E. Praveen Kumar, G9 & G10, Panchavati Apartment, Vinayaknagar, Balanagar, Hyderabad.

2. E. Praveen Kumar, S/o. Jayaraju, G9 & G10, Panchavati Apartment, Vinayaknagar, Balanagar, Hyderabad.

..... Petitioners And

1. HDFC Bank Limted, rep. by its Managing Director, REgd. Office: HDFC Bank House, Senapati Bapat marg, Lower Parel (West), Mumbai - 400 013.

2. The Branch Manager, HDFC Bank Limited, 1-10-60/3, 4th Floor, Suryodaya Complex, Begumpet, Hyderabad.

3. The Authorised Officer, HDFC Bank Limited, 1-10-60/3, 4Th Floor, Suryodaya Complex, Begumpet, Hyderabad.

.... Respondent ! Counsel for the Petitioner s : Mr. Penumaka Venkata Rao ^ Counsel for Respondent :

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> HEAD NOTE:

? Cases referred

VRS,J & JUD,J.

W.P.No.43999/2018 THE HON'BLE SRI JUSTI CE V. RAMASUBRAMANI AN THE HON'BLE MS. JUSTI CE J. UMA DEVI WRI T PETI TI ON No.43999 of 2018 ORDER: (Per VRS,J.) Challenging a demand notice and a symbolic possession notice issued respectively under sub-sections (2) and (4) of Section 13 of SARFAESI Act, 2002, the petitioners have come up with the above writ petition.

2. Heard Mr. P. Venkata Rao, learned counsel for the petitioners.

3. As against the measures taken under Section 13(4), the petitioners have an effective alternative remedy of appeal under Section 17 to the Debts Recovery Tribunal. Therefore, leaving it open to the petitioners to go before the Tribunal, this writ petition is dismissed. There shall be no order as to costs.

4. As a sequel, pending miscellaneous petitions, if any, shall stand closed.

______________________ V. RAMASUBRAMANI AN, J.

_____________ J. UMA DEVI , J.

4th December, 2018 Js.

VRS,J & JUD,J.

W.P.No.43999/2018 THE HON'BLE SRI JUSTI CE V. RAMASUBRAMANI AN THE HON'BLE MS. JUSTI CE J. UMA DEVI WRI T PETI TI ON No.43999 of 2018 4th December, 2018 Js.