Writ petition challenging SARFAESI proceedings and refusal to consider one-time settlement was closed after counsel submitted the proceedings stood transferred to NCLT Hyderabad Bench; petition dismissed as infructuous without costs.
None granted; writ petition dismissed as infructuous, interim orders vacated, no costs.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD (Special Original Jurisdiction)
MONDAY, THE NINTH DAY OF DECEMBER TWO THOUSAND AND TWENTYFOUR
PRESENT
THE HONOURABLE JUSTICEMOUSHUMIBHATTACHARYA
WRIT PETITION NO: 25330 OF 2017
Between:
...PETITIONERS
AND
)
(Respondent Nos.3 to 12 are not necessary parties)
...RESPONDENTS
Petition under Article 226 of the Constitution of lndia praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue a writ order or direction more particularly one in the nature of Writ of Mandamus declaring the action of the Respondent nos.1 and 2 inproceeding against.the Petitioners under SARFAESI Act, 2002 with not considering the request of the Petitioners for One Time Seftlement of its Term Loan account as illegal, arbitrary, violative of principles of naturaljustice and Article 14 of the Constitution of lndia and consequently set aside the Possession Notice No.1006/52lPKH/1435 Dt.13.01.2016 and also the order ol the Hon'ble Chief Metropolitan Magistrate, Nampally, Hyderabad in Crl.M.P.No.B5312017 and dl.7-72017 and the order of the Hon'ble Chief Metropolitan Magistrate, Cyberabad, at L. B. Nagar, R.R. District in Crl. M.P. No.435120'17 dt.9-6-2017.
LA. NO: I OF 2017(WPMP. NO: 31400 OF 2017)
Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the Writ Petition, the High Court may be pleased to grant stay of all further proceedings pursuant to the order of the Hon'ble Chief Metropolitan Magistrate, Nampally, Hyderabad in Crl.M.P.No.B5312017 and dt.7-72017 & the order of the Hon'ble Chief Metropolitan Magistrate, Cyberabad, at L. B. Nagar, R.R. District in Crl. M.P. No.43512017 dt.9-6-2017, pending disposal of the Writ Petition in the interest ofjustice.
lA NO: 'l OF 2020
Between:
Pridhvi Assets Reconstruction and Securitisation Company Ltd, Rep by its Chief Executive Officer, Corporate Office at Plot No.6,6A,68, 4tn Floor, Raia Praasadamu, Kondapur, Hyderabad-84.
...PETITIONER/
PROPOSED 1 3th RESPONDENT
AND
,..RESPONDENTS/RESPONDENTS
Petition under section 151 cpc praying that in the circumstances stated in the affidavit fired in support of the petition, the High court may be preased to lmplead the petitioner as 13th respondent in the above Writ petition
Counsel for the petitioners: SRI KOWTURU PAVAN KUMAR !::="!for the Respondent No.1: snr i.iln.ilutiny uounset tor the Resoondent No.2: Snt p.V.UmaSHAruXnRn nnO Counsel for the Respondent Nos.3 TO 13: _
The Court made the following: ORDER
/
THE HON'BLE JUSTICE MOUSHUMI BHATTACHARYA
WRIT PETITIO N No.2533O of 2017
Mr. Koturu Pavan Kumar, learned counsel for the petitioner
ORDER:
l,earned counsel appearing for the petitioner submits that the writ petition can be closed in view of subsequent events whereby the proceedings were transferred to the National Company [,aw Tribunal, Hyderabad Bench.
SD/- L.VIJAYA LAXMI ASSISTANT REGISTRAR
//TRUE COPY//
\ To
SECTION OFFICER To 1. One CC to SRt KOWTURUPAVAN KUMAR, Advocate tOpUCI ? 9n"cc to SRt K.s R MURrHy, fi;;;;i;ib;,irbj" 3. One CC to SRI P.V.UMASHAN(ARA-RA.o:ft,;AIe [oPUC] 1. 9n"cC to sRt G.vASANTHA RAvilrju,'n'd;;;t" loFucj-, 5. Two CD Copies PSK. wPSK
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t
HIGH COURT
DATED:0911212024
ORDER
WP.No.25330 of 2017
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