WP/14357/2026 of D.R. SRIDHAR NAIDU Vs THE CHIEF EXECUTIVE OFFICER OR MANAGING DIRECTOR on 13 October 2026

1. D.R. SRIDHAR NAIDU, S/o. Rama Murthy, Aged about 53 years, Occ Business, R/o. D.No.25-55, Ayyakanna Street, Palamaner, Chittoor District - 517408. ...Petitioner AND

1. THE CHIEF EXECUTIVE OFFICER OR MANAGING DIRECTOR, Shriram Finance Limited (formerly known as Shriram City Union Finance Limited), 6th Floor (Level 2), Building No. Q2, Aurum Q Parc, Gen 4/1, TTC, Thane Belapur Road, Ghansoli, Navi Mumbai - 400710.

2. The Branch Manager / Authorised Officer, Shriram Finance Limited, Palamaner Branch, Palamaner, Chittoor District. 517408 ...Respondents 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 an appropriate Writ, Order or direction more particularly one in the nature of Writ of Mandamus declaring the Demand Notice dated 27-09- 2025 and the consequential Possession Notice dated 10-02-2026 issued by the Respondent No. 2 against the petitioner under Sections 13(2) and 13(4)

of the Securitization and Reconstruction of the Financial Assets and Enforcement of Security Interest Act, 2002 without communicating the reasons for non-acceptance of the representation submitted by the petitioner under Section 13(3A) of the Securitization and Reconstruction of the Financial Assets and Enforcement of Security Interest Act, 2002 as arbitrary, illegal, colorable exercise of power and contrary to the mandatory provisions of the Securitization and Reconstruction of the Financial Assets and Enforcement of Security Interest Act, 2002 and well established legal principles apart from being voilative of fundamental and Constitutional rights guaranteed to the petitioner under Articles, 14, 19, 21 and 300-A of the Constitution of India and consequently set aside the same and pass 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 stay all further proceedings in pursuance of the Demand Notice dated 27-09- 2025 and the Possession Notice dated 10-02-2026 issued by the Respondents, pending disposal of the above Writ Petition and pass Counsel for the Petitioner: S PARINEETA Counsel for the Respondents: The Court made the following order:

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

WRIT PETITION NO: 14357 OF 2026 ORDER: (Per Hon’ble Sri Justice Battu Devanand)

Ms Bhavana, learned counsel representing Smt S.Parineeta, learned counsel for the petitioner on record would submit that in view of the subsequent developments happened during pendency of this Writ Petition, this Writ Petition has become infructuous.

2. Placing the submission of the learned counsel on record, this Writ Petition is dismissed as infructuous.There shall be no order as to costs.

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

__________________________ JUSTICE BATTU DEVANAND

____________________________ JUSTICE TUHIN KUMAR GEDELA Dated: 14.10.2026 TM

THE HONOURABLE SRI JUSTICE BATTU DEVANAND & THE HONOURABLE SRI JUSTICE TUHIN KUMAR GEDELA

WRIT PETITION No.14357 OF 2026

Dated: 14.10.2026 TM