Andhra Pradesh High Court

WP/42019/2022 of M/S. M.S.RAMAYYA SHOPPING MALL/MSR SHOPING MALL Vs THE AUTHORIZED OFFICER on 30 December 2022

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SRI JUSTICE A.V. SESHA SAI & THE HON’BLE SRI JUSTICE DUPPALA VENKATA RAMANA W.P. No. 42019 OF 2022 ORDER:(per A.V. Sesha Sai, J) When the matter is taken up today, on instructions, it is submitted by Sri K. Harinarayana, learned Standing Counsel for the respondent-bank that

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THE HON’BLE SRI JUSTICE A.V. SESHA SAI &

THE HON’BLE SRI JUSTICE DUPPALA VENKATA RAMANA W.P. No. 42019 OF 2022

ORDER:(per A.V. Sesha Sai, J)

When the matter is taken up today, on instructions, it is submitted by Sri K. Harinarayana, learned Standing Counsel for the respondent-bank that the impugned notice is only an advance notice and not part of the proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. It is further submitted that if any action is required to be taken against the petitioner, the provisions of the above statute would be strictly adhered to.

Recording the said submission, the Writ Petition stands disposed of. No order as to costs.

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

__________________

A.V. SESHA SAI, J

Date: 30.12.2022 Ks

_________________________________

DUPPALA VENKATA RAMANA, J

THE HON’BLE SRI JUSTICE A.V. SESHA SAI & THE HON’BLE SRI JUSTICE DUPPALA VENKATA RAMANA

W.P. No.42019 OF 2022

(per A.V. Sesha Sai, J)

Date: 30.12.2022

Ks

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