Andhra Pradesh High Court
WP/20570/2025 of KRISHNAM RAJU FISHERIES Vs RESERVE BANK OF INDIA on 1 July 2026
for orders : Date of pronouncement : 02.07.2026 Date of uploading : APHC010400352025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3332] THURSDAY, THE 2nd DAY OF JULY 2026 PRESENT THE HONOURABLE SRI JUSTICE RAVI CHEEMALAPATI WRIT PETITION NO: 20570/2025
Date of reserved for orders :
Date of pronouncement : 02.07.2026
Date of uploading :
APHC010400352025
IN THE HIGH COURT OF ANDHRA PRADESH
AT AMARAVATI
(Special Original Jurisdiction)
THURSDAY, THE 2nd DAY OF JULY 2026
PRESENT
THE HONOURABLE SRI JUSTICE RAVI CHEEMALAPATI
WRIT PETITION NO: 20570/2025
Between:
1. KRISHNAM RAJU FISHERIES, REP. BY ITS MANAGING
PARTNER, VEGESNA KRISHNAM RAJU, S/O. KALI KRISHNAM
RAJU AGED ABOUT 67 YEARS, R/O.D.NO. 27-2-16, FLAT NO.
101, SRI VIDHA NIVAS, SRIRAMPURAM, BHIMAVARAM-2.
WEST GODAVARI DISTRICT.
...PETITIONER
AND
1. RESERVE BANK OF INDIA, REP. BY ITS GOVERNOR HEAD
OFFICE AT 16TH FLOOR, CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, MUMBAI-400 001.
2. AXIS BANK LTD, REP. BY ITS PRINCIPAL NODAL OFFICER, NPCI, 5TH FLOOR, GIGAPLEX, PLOT NO I.T.S, MIDC, AIROLI
KNOWLEDGE PARK, AIROLI, NAVI MUMBAI- 400 708.
3. THE REGIONAL DIRECTOR, RESERVE BANK OF INDIA, CF38JX5, 6-1-56, AG OFFICE RD, SAIFABAD, KHAIRTABAD, HYDERABAD, TELANGANA-500004.
4. AXIS BANK LTD, CHINAMIRAM BRANCH REP. BY THE
MANAGER (BRANCH HEAD) CHINNAMIRAM, BHIMAVARAM,
WEST GODAVARI DISTRICT-534202.
5. THE
INSPECTOR,
CYBER
CRIME
POLICE
STATION,
KUTCHERY CHOWK, RANCHI, JHARKHAND PIN 834 002,
...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 an appropriate Writ, Order or direction more particularly one in the nature of Writ of MANDAMUS declaring the action of the Respondents No. 2 4 in not releasing the property documents relating to loan A/C No. 923030060540413 of the petitioner Firm in-spite of the representation dt. 23-05-2025 even after months of clearing the entire loan/charges as demanded by it and to its complete satisfaction as arbitrary, illegal, contrary to the norms of Reserve Bank Of India and consequently to direct the Respondents No. 2 and 4 to release the property documents which was deposited in relating to loan A/c no.
923030060540413 to the petitioner Firm forthwith and to pass IA NO: 1 OF 2025
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 direct the Respondents 2 and 4 to release the documents in relating to loan A/c. No. 923030060540413 of the Petitioner Firm forthwith, pending disposal of the above writ petition and pass Counsel for the Petitioner:
1. GHANTASALA UDAYA BHASKAR
Counsel for the Respondent(S):
1. KUNUKU RAJA SEKHAR
2.
The Court made the following:
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ORDER:
Sri Ghantasala Udaya Bhaskar, learned counsel for the petitioner seeks permission of this Court to withdraw the present writ petition.
Permission is accorded.
Accordingly, the Writ Petition is dismissed as withdrawn. There shall be no order as to costs.
As a sequel, miscellaneous applications, pending if any, shall stand closed. _____________________________
JUSTICE RAVI CHEEMALAPATI
Date: 02nd July, 2026
RKS
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