LAKSHMI MANOHAR AGRO PROCEEDINGS INDUSTRIES LTD v. THE ICICI BANK LTD
WP/6710/2025 · 2025-05-06
K Sreenivasa Reddy
body2025
DailyLaw.ai
[ 2025 DAILYLAW 11267 (AP) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 11267 (AP) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HON’BLE SRI JUSTICE K. SREENIVASA REDDY Writ Petition No.6710 of 2025
Order:
The Writ Petition is filed seeking the following prayer.
“…declaring the action of 2nd respondent in not releasing/ furnishing the related mortgage documents and the loan account papers to 3rd respondent despite receiving the loan amount which is remitted by 3rd respondent for taking over loan account by paying Rs.6,49,89,998/- through loan account No.789005000020 on 17.1.2025 primarily on the ground that petitioner’s account is declared as lien on account as illegal, arbitrary, contrary to RBI guidelines, contrary to the proceedings issued by 2nd respondent himself dated 24.1.2025 and 27.1.2025, contrary to Articles 14, 19, 21 of the Constitution of India and consequently direct 2nd respondent to transfer the loan account papers and release the related documents pertaining to Account No.789005000020 of the petitioner …”
2. Sri Chukka Kranthi Kumar, learned counsel, representing Sri G. Tuhin Kumar, learned counsel for the petitioner, seeks permission of this Court to withdraw the Writ Petition. Permission is accorded.
3. Accordingly, the Writ Petition is dismissed as withdrawn. There shall be no order as to costs.
As a sequel thereto, the miscellaneous petitions, if any, pending in this Writ Petition, shall stand closed.
____________________ K. SREENIVASA REDDY, J Dated:07.05.2025 Nsr
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HON’BLE SRI JUSTICE K. SREENIVASA REDDY
Writ Petition No.6710 of 2025
Dated:07.05.2025 Nsr