WP/11430/2026 of N RAMESH REDDY Vs CANARA BANK on 7 May 2026

1. N RAMESH REDDY, S/O.KRISHNA REDDY, AGED ABOUT 63 YEARS, R/O.D.NO.25-3-1724(OLD) D.NO.25-3-1482 (NEW), 4TH STREET, GOWTHAMI NAGAR, PADMAVATHI CENTRE, PODALKUR ROAD, NELLORE, SPSR NELLORE DISTRICT.

...PETITIONER AND

1. CANARA BANK, REGIONAL OFFICE, RECOVERY SECTION, RITHWIK ENCLAVE, AK NAGAR, NELLORE - 524 004, REP. BY ITS AUTHORIZED OFFICER.

2. THE BRANCH MANAGER, CANARA BANK, NELLORE MAIN BRANCH, JONNALAGADDA VARI STREET, NELLORE TOWN, SPSR NELLORE DISTRICT - 524 001.

...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 topleased to issue a Writ of Mandamus declaring the action of the respondents 1) in declaring the petitioner's OD Loan Account No. 0628285000013 as NPA on 13.01.2026 is illegal, arbitrary, one without Jurisdiction and in violation of principles of natural justice. 2) proposing to auction the residential house bearing D.No.25-3-1724(New), D.No.25-3-1482 (Old), 4th Street, Gowthami Nagar, Padmavathi Centre, Podalkur Road, Nellore, SPSR Nellore District pursuant to the auction notice issued by the respondent bank dated 15.04.2026 which was published in the Sakshi Telugu Newspaper on 17.04.2026 is illegal, arbitrary, one without jurisdiction and in violation of principles of natural justice. 3) In refusing to return the original documents of the petitioners property which was mortgaged to the bank i.e., title deeds of residential house bearing D.No.25-3-1724(New), D.No.25-3- 1482 (Old), 4th Street, Gowthami Nagar, Padmavathi Centre, Podalkur Road, Nellore, SPSR Nellore District, inspite of petitioner is ready to pay the entire outstanding amount is illegal, arbitrary, one without jurisdiction and in violation of principles of natural justice. 4) and consequently direct the respondent bank not to proceed with the auction by setting aside the auction notice dated 15.04.2026 which was published on 17.04.2026 by directing the respondent bank to return the original documents of the petitioner's residential house which was mortgaged to the respondent bank by receiving the total outstanding amount 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 pleased to stay the proposed auction to be conducted by the respondent bank pursuant to the sale notice dated 15.04.2026 which was published on 17.04.2026, pending disposal of this writ petition pass Counsel for the Petitioner:

1. C SUBODH Counsel for the Respondent(S):

1. The Court made the following:

THE HON’BLE SRI JUSTICE BATTU DEVANAND AND THE HON’BLE SRI JUSTICE A. HARI HARANADHA SARMA

WRIT PETITION No.11430 of 2026

ORDER:(Per Hon’ble Sri Justice Battu Devanand)

1. Pursuant to the letter dated 08.05.2026 addressed by Sri C. Subodh, learned counsel for the petitioner to the Registry, this writ petition is listed today under the caption “for withdrawal”.

2. Learned counsel for the petitioner seeks permission of this Court to withdraw this writ petition, inter alia, stating that he intends to approach the Debt Recovery Tribunal (DRT) with respect to the subject matter.

3. Permission is accorded.

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

As a sequel, miscellaneous petitions, if any, pending in this writ petition shall stand closed.

__________________________ JUSTICE BATTU DEVANAND

__________________________________ JUSTICE A. HARI HARANADHA SARMA

Date:08.05.2026 SA

THE HON’BLE SRI JUSTICE BATTU DEVANAND AND THE HON’BLE SRI JUSTICE A. HARI HARANADHA SARMA

WRIT PETITION No.11430 of 2026 Date:08.05.2026

SA