WP/11410/2026 of M/s. Siva Cotton Traders, Vs UNION OF INDIA on 4 May 2026

1. M/S. SIVA COTTON TRADERS,, REP. BY ITS MANAGING PARTNER, MAMILLAPALLI SAMBA SIVA RAO, R/O D.NO.4-5-26/50, FLAT NO.B- 4, NARASIMHA ENCLAVE, 2ND CROSS, 1ST LINE, NAVABHARATH NAGAR, GUNTUR ANDHRA PRADESH - 522006.

...PETITIONER AND

1. UNION OF INDIA, MINISTRY OF FINANCE, REP. BY ITS FINANCE SECRETARY, SASTRI BHAVAN, NEW DELHI.

2. UNION BANK OF INDIA, ASSET RECOVERY BRANCH (79170), REP. BY ITS AUTHORIZED OFFICER, R/O 4TH FLOOR, ANDHRA BANK BUILDING, R.R.APPARAO STREET, VIJAYAWADA, ANDHRA PRADESH - 520001.

3. KOLIA NAGABABU, S/O RAMAIAH, AGED ABOUT 51 YEARS, R/O 1- 0, MAIN ROAD, POTHINAVARIPALEM, KARAMCHEDU MANDAL PRAKASAM DISTRICT-523190.

4. BATTA SIVA RAMA KRISHNA SRINU PRASAD, S/O BATTA SAMBAIAH, R/O D.NO.18-30-97, 2/8 YADHAVA STREET, OLD GUNTUR, GUNTUR.

5. KANDUKURI RANGARAO, S/O RANGAIAH, R/O D.NO.19-13-6, SANGADIGUNTA, 1ST LINE, GANDHI NAGAR, GUNTUR.

6. MANNAVA TEJASVI, W/O MANNAVA HARINATH BABU, R/O D.NO.4- 5-26-51/1, FLAT NO.4, SRI GANESH NILAYAM, 1ST LANE, 2ND CROSS, NAVABHARATH NAGAR, GUNTUR-522006.

...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 quash the e-auction notice issued by the 2nd respondent dated 09.03.2026 and quash the sale certificates issued by 2 respondent in favour of 3rd respondent dated 13.04.2026, vide its document No.1314/2026 at SRO, Prathipadu and the sale certificate issued in favour of 4th and 5th respondents jointly bearing document No.5231/2026 at SRO, Guntur, dated 08.04.2024 and the Sale Certificate issued in favour of 6th respondent dated 13.04.2026, and direct the 2nd respondent to conduct sale auction again, as the 2nd respondent bank conducted auction at lower price that the market value price is illegal, unlawful, violation of principles of natural justice, violation of RBI Guidelines, violation of Banking Rules, violation of Article 14, 19 and 300-A of the Constitution of India 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 direct the 2nd respondent to stop further proceedings, pending disposal of the above writ petition and pass Counsel for the Petitioner:

1. PATHAN KHADARBI SHAHIN Counsel for the Respondent(S):

1. NEERU MISHRA CENTRAL GOVERNMENT COUNSEL

2. RANGA SURYA PRAKASH RAO KOLA The Court made the following:

THE HON’BLE SRI JUSTICE BATTU DEVANAND AND THE HONOURABLE SRI JUSTICE A. HARI HARANADHA SARMA WRIT PETITION No.11410 of 2026 ORDER:(Per Hon’ble Sri Justice Battu Devanand)

Learned counsel for the petitioner sought permission of this Court to withdraw the Writ Petition.

2. Permission is granted.

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

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

__________________________ JUSTICE BATTU DEVANAND

__________________________________ JUSTICE A. HARI HARANADHA SARMA Date: 05.05.2026 sj

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

WRIT PETITION No.11410 of 2026

Date: 05.05.2026 sj