WP/27075/2026 of Davuluri . Seshagiri Vs Reserve Bank Of India, on 14 October 2026

1. DAVULURI . SESHAGIRI, S/O PRAKASH RAO AGED 57 YEARS, OCC. BUSINESS,R/O D NO. 12-35(OLD), TADIGADAPA DONKA ROAD,YANAMALAKUDURU

VILLAGE, PENAMALURU MANDAL,VIJAYAWADA URBAN, NTR(KRISNA) DISTRICT ANDHRA PRADESH.520007

...PETITIONER AND

1. RESERVE BANK OF INDIA, STRESSED ASSETS RECOVERY BRANCH, 1ST FLOORAMAR BUILDING SIR PM ROAD FORT MUMBAI 400001 MAHARASHTRA INDIA REP BY CHIEF GENERAL MANAGER

2. ORIX LASING AND FINANCIAL SERVICES INDIA LIMITED, HAVING ITS REGISTERED OFFICE@ FLAT NO.94, MAROL CO OPERATIVE INDUSTRIAL ESTATE, ANDHERI- KURLA ROAD, ANDHERI(EAST), MUMBAI-400 059. REP. BY ITS AUTHORIZED OFFICER

...RESPONDENT(S): Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue a writ or writs more particularly in the nature of writ of mandamus declaring the action of the 211d respondent in proceeding to conduct auction on 25-09-2026 of the immovable properties of the petitioner, i.e. bearing D No o D No. 12-35(old), D.No.12-120(old) and D.No.10-

47(New), Assessment No.4493 and old Assessment No.5138 admeasuring Tadigadapa Donka Road, YanamalakuduruVillage, Penamaluru Mandal,Vijayawada Urban, NTR(Krisna) District Andhra Pradesh and bounded by East property of G.Padmavathi, West Panchayat Road,North Property of Obili Savithri and South Property of S.Dhanalakshmi pursuant to auction notice dated 18-08-2026 issued while the OTS proposal was under consideration and Without giving any reasonable time having accorded OTS as illegal arbitrary high handed and cannot be justified in the eye of law. and consequently set aside the Auction notice dt 18-08-2026 in respect of the above said property in the interest of justice IA NO: 1 OF 2026 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased to grant stay of conducting proposed auction dated.25-09-2026 for the sale of immovable properties of the petitioner, i.e. bearing D No o D No. 12-35(old), D.No.12-120(old) and D.No.10-47(New), Assessment No.4493 and old Assessment No.5138 admeasuring Tadigadapa Donka Road, YanamalakuduruVillage, Penamaluru Mandal, Vijayawada Urban, NTR (Krisna) District Andhra Pradesh and bounded by: East: property of G.Padmavathi, West: Panchayat Road, North: Property of Obili Savithri and South: Property of S.Dhanalakshmi by the respondent no.2 in the interest of justice Counsel for the Petitioner:

1. CH SRINIVAS Counsel for the Respondent(S):

1. The Court made the following:

THE HON’BLE SRI JUSTICE BATTU DEVANAND & THE HONOURABLE SRI JUSTICE TUHIN KUMAR GEDELA

WRIT PETITION No.27075 of 2026 ORDER: (Per Hon’ble Sri Justice Battu Devanand)

Sri. Ch.Srinivas, learned counsel for the petitioner sought permission of this Court to withdraw this writ petition.

2. Permission is granted.

3. Accordingly, this Writ Petition is dismissed as withdrawn. There shall be no order as to costs.

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

____________________________ JUSTICE BATTU DEVANAND

_____________________________ JUSTICE TUHIN KUMAR GEDELA

Date: 15.10.2026 SA

THE HON’BLE SRI JUSTICE BATTU DEVANAND & THE HON’BLE SRI JUSTICE TUHIN KUMAR GEDELA

WRIT PETITION No.27075 of 2026 Date: 15.10.2026

SA