The petitioner in the affidavit filed in support of this petition would aver among other things that the first respondent has issued an E-Auction sale notice, dated 10.12.2019, bringing the secured assets given by the borrower, viz., Mrs.P.Mangaiyarcarrassy, co-borrower viz., Mr.Perisamy, to realise the sum of Rs.2,02,82,417/- & Rs.1,00,93,758/-, as on 26.02.2019. It is a specific case of the petitioner that he made his own verification and came to know that one of the properties which is being brought for sale, in T.S.Nos.30 & 31, R.S.No.7/2, 7/3 Puducherry Mudaliarpet Commune, Village No.37, Pudupalayam Revenue Village at Anna Nagar Extension, was owned by one Vasanthy and she obtained loan from the third respondent bank and for non-payment of the same, the third respondent had brought the said property, by way of public auction, under the provisions of SARFAESI Act, in the year 2011. The original owner of the property, viz., Vasanthy, was in arrears of commercial tax payable to the second respondent to the tune of Rs.21 Crores. The second respondent who has also filed a Writ Petition, in W.P.No.11199 of 2011, questioning the said auction notice issued by the third respondent and obtained interim order in respect of item number 4 of the auction sale notice alone .
