Andhra Pradesh High Court
WP/7963/2026 of M/s.Kallam Textiles Limited, Vs Union Bank of India, on 12 July 2026
for judgment : -- Date of Pronouncement : 13.07.2026 Date of Upload : 15.07.2026 APHC010150952026 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3602] MONDAY, THE 13th DAY OF JULY 2026 PRESENT THE HONOURABLE SRI JUSTICE BATTU DEVANAND THE HONOURABLE SMT
Date of reserved for judgment : --
Date of Pronouncement : 13.07.2026
Date of Upload
: 14.07.2026
APHC010150952026
IN THE HIGH COURT OF ANDHRA PRADESH
AT AMARAVATI
(Special Original Jurisdiction)
MONDAY, THE 13th DAY OF JULY 2026
PRESENT
WRIT PETITION NO: 7963/2026
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1. M/S.KALLAM TEXTILES LIMITED,, REP. BY ITS JOINT MANAGING DIRECTOR, GURRAM VENKATA KRISHNA REDDY, S/O. G.APPI REDDY, AGED 68 YEARS, OCC BUSINESS, R/O.FLAT NO-406, KRISALS COUNTY, 12TH LANE, SHYAMALA NAGAR, GUNTUR, ANDHRA PRADESH, PIN 522006.
...PETITIONER AND
1. UNION BANK OF INDIA, Asset Recovery Branch(79I70), Rep. by its Authorised Officer, 4th Floor, Andhra Bank Building, R.R.Appa Rao Street, Vijayawada, Andhra Pradesh, PIN 520001
...RESPONDENT 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 order or direction more particularly in the nature of writ of Mandamus or any Appropriate Writ by declaring action of the Respondent in issuing the Auction Notice Dated 06-03-2026, proposing to conduct the Auction on 30-03-2026 for Properties Mortgaged by the Petitioner by Fixing the Reserve Price Based Upon an old Valuation Report and Decreasing the Valuation by 40percent lesser than the First Auction is illegal, contrary to Provisions of Rule 8(5) of Security Interest rules, Contrary to Judgment of the
Hon’ble High Court in Pochiraju Industries Vs Punjab National Bank, contrary to Judgment of this Hon’ble Court in W.P.No.7966 of 2019. Consequently, to Declare the Auction Notice Dated 06-03-2026 issued by the Respondent as illegal and Set-Aside the same, and to pass such 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 may be Pleased to Direct the Respondent Bank not to Proceed with the Auction of the Properties Mortgaged by the Petitioner, and to pass such Counsel for the Petitioner:
1. S SATYANARAYANA MOORTHY Counsel for the Respondent:
1. SREEDHAR VALIVETI The Court made the following:
& THE HONOURABLE SMT JUSTICE SUNITHA GANDHAM
WRIT PETITION NO: 7963 OF 2026
JUDGMENT: (Per Hon’ble Sri Justice Battu Devanand) Sri S. Satyanarayana Moorthy, learned counsel for the petitioner, submits that in view of the subsequent developments happened during the pendency of the writ petition, it has become infructuous.
The statement of the learned counsel for the petitioner is placed on record.
Accordingly, 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 SUNITHA GANDHAM Dated: 13.07.2026 PGR
Whether the order is: Speaking Yes/No / Reasoned Yes/No Reportable Yes/No / Non-Reportable Yes/No
& THE HONOURABLE SMT JUSTICE SUNITHA GANDHAM
W.P.NO: 7963 OF 2026
Dt. 13.07.2026
PGR