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2015 DAILYLAW 979 (AP)

Vaddi Rama Rao, S/o Vaddi Sri Rama Murthy v. The Andhra Pradesh State Financial Corporation

WP/26654/2015 · 2026-04-20

Maheswara Rao Kuncheam

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Judgment text

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APHC010274212015 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3504] TUESDAY, THE TWENTY FIRST DAY OF APRIL TWO THOUSAND AND TWENTY SIX PRESENT THE HONOURABLE SRI JUSTICE MAHESWARA RAO KUNCHEAM WRIT PETITION NO: 26654/2015 Between: 1. VADDI RAMA RAO, S/O VADDI SRI RAMA MURTHY, OCC: HOUSE WIFE, R/O D.NO.7-14-1, NEW COLONY, SRIKAKULAM. 2. VARANASI NEELAKANTHESWSAR RAO, S/O V.SIVANARAYANA, OCC: CHARTERED ACCOUNTANT, R/O D.NO.30-11-11, LAKSHMI STREET, DABAGARDENS, VISAKHAPATNAM. 3. ANDHAVARAPU VENKIATA KOTESWARA RAO S/O LATE JAGANNADHA RAO, OC: BUSINESS, R/O D.NO.1-11-9, PLOT NO.130, SECTOR-8, MVP COLONY, VISAKHAPATNAM. 4. NARAYANACHETTY TRINATH RAO, S/O N.HRUSHIKESAVA RAO, OCC: CHARTERED ACCOUNTANT, R/O SAI MANDIR ROAD, NEW COLONY, RAYAGADA, ORISSA ...PETITIONER(S) AND 1. THE ANDHRA PRADESH STATE FINANCIAL CORPORATION, REPRESENTED BY ITS AUTHORISED OFFICER, D.NO.20-21-6, 2ND FLOOR, PLOT NO. SIMHADRINAGAR, VIZIANAGARAM 2. SMT CHEKURI SUDHARANI W/O SRI CH VENKATAPATI RAJU, OCC: BUSINESS, R/O DR. NO.9-32-7, NEAR KALABHARATHI, PITHAPURAM COLONY, VISAKHAPATNAM 3. SMT CHEKURI MADHURI W/O CH SIVAJI RAO, OCC: BUSINESS, R/O MIG-II, PLOT NO.31, SECTOR-6, MVP COLONY, VISAKHAPATNAM. ...RESPONDENT(S): 2 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 to pass an order direction or writ more particularly in the nature of writ of mandamus by duly declaring the action of the first respondent in rejecting the offer of the petitioner to make payment of loan amount in respect of loan account nos.71822401, 71823701 & 71819403, pertaining to the second and third respondents, as illegal arbitrariness and against the principles of natural justice and consequently direct the first respondent to receive the money in respect of the above accounts and release the original documents and issue no objection certificate to the petitioners and second and third respondents in the interest of justice and to pass IA NO: 1 OF 2015(WPMP 34619 OF 2015 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 direct the first respondent, pending disposal of the main writ petition to receive the money in respect of loan account Nos.71822401, 71823701 & 71819403, pertaining to the second and third respondents and release the original documents and issue no objection certificate to the petitioners and second and third respondents in the interest of justice and to pass IA NO: 1 OF 2016(WVMP 719 OF 2016 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 to vacate the orders dated 03-09-2015 made in WPMP.No.34619/2015 in WP.No. 26654/2015 and dismiss the WP and pass Counsel for the Petitioner(S): 1. P RAMA SHARANA SHARMA Counsel for the Respondent(S): 1. A PRABHAKAR RAO 2. G R SUDHAKAR 3 THE HONOURABLE SRI JUSTICE MAHESWARA RAO KUNCHEAM WRIT PETITION NO: 26654 of 2015 The Court made the following Order: When the matter is taken up for hearing, Sri P.Pavan Chowdary learned counsel representing Sri P.Rama Sharana Sharma, learned counsel for the petitioners submits that in view of the subsequent events, cause in the present Writ Petition does not survives for further adjudication. 2. Recording the submission made by learned counsel for the petitioners, this Writ Petition is dismissed as infructuous. No order as to costs. Interlocutory applications, if any, pending shall stand closed. ____________________________________ JUSTICE MAHESWARA RAO KUNCHEAM Date: 21.04.2026 PSA