Telangana High Court

WP/26395/2005 of Bora Ramachandra Reddy, Vs Authorised Officer Cum Asst.General Manager, on 26 December 2005

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THE CHIEF JUSTICE AND HONOURABLE SRI JUSTICE R.SUBHASH REDDY WRIT PETITION No. 26395 OF 2005 Between: Bora Ramachandra Reddy S/o Bora Thata Rao. … Petitioner And Authorised Officer-cum-Asst. General Manager, State Bank of Hyderabad, Visakhapatnam and others. … Respondents

HONOURABLE SRI G.S.SINGHVI

THE CHIEF JUSTICE

AND

HONOURABLE SRI JUSTICER.SUBHASH REDDY

WRIT PETITION No. 26395 OF 2005

Between:

Bora Ramachandra ReddyS/o Bora Thata Rao.… PetitionerAnd Authorised Officer-cum-Asst. GeneralManager, State Bank of Hyderabad,Visakhapatnam and others.… Respondents

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::ORDER::

Counsel for petitioner : Ms. N.Surya Kumari Counsel for respondents 1 &2: Sri A.Krishnam Raju 26[th] December, 2005

Per G.S.Singhvi, C.J.

This is a petition for restraining respondents 1 and 2 from taking action infurtherance of auction notice dated 27.11.2005 issued by the Authorised Officer,State Bank of Hyderabad.

Learned counsel for the petitioner says that in terms of order dated 9.12.2005passed by this Court in W.P.M.P.33936 of 2005, her client was required to deposit75% of the amount due to the bank, which he has failed to do, and, therefore, he may be permitted to withdraw the writ petition with liberty to pursue other remedies.

Sri A.Krishnam Raju, learned counsel for Respondents 1 and 2 says that he doesnot have any objection.

In view of the above, the writ petition is dismissed as withdrawn with liberty to thepetitioner to pursue other remedies.

G.S.SINGHVI, C.J.

26.12.2005

R.SUBHASH REDDY, J.

VR

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