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2025 DAILYLAW 13063 (AP)

BARRE NAGARAJU v. VASTU HOUSING FINANCE CORPORATION LIMITED

WP/7959/2025 · 2025-03-25

Dhiraj Singh Thakur, Ravi Cheemalapati

body2025

Judgment text

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IN THE HIGH COURT OF ANDHRA PRADESH :: AMARAVATI (Special Original Jurisdiction) TUESDAY, THE TWENTY FIFTH DAY OF MARCH TWO THOUSAND AND TWENTY FIVE PRESENT HONOURABLE THE CHIEF JUSTICE SRI DHIRAJ SINGH THAKUR AND THE HONOURABLE SRI JUSTICE RAVI CHEEMALAPATI WRIT PETITION NO: 7959 OF 2025 Between: 1. Barre Nagaraju, S/o. Barre Raju, Hindu, Male, aged 34 years, R/o. D.No. 6-197/l,Kalavapudi village, Kalla Mandal, West Godavari District, A.P-534236. 2. Barre Umadevi, W/o. Nagaraju, Hindu Female, aged 30 years, R/o. D.No. 6-197/1,Kalavapudi village, Kalla Mandal, West Godavari District, A.P-534236. ...PETITIONERS AND Vastu Housing Finance Corporation Limited, rep. by its Authorized Officer/Legal Manager, Vemuri Chanda Mouleswara Sarama, S/o. Anjaneyulu, Hindu, aged about 44 years, working as Senior Legal Manager/Authorized Officer, M/s. Vasthu Housing Finance Corporation Limited having its Branch Office at D.No.6-3-13, 1®‘floor. Above South Indian Bank, Challapallivari Street, T. Nagar, Rajahmundry. ...RESPONDENT 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 issue an appropriate writ or direction more particularly one in the nature of writ of Mandamus declaring the action of the respondent herein in issuing the notice dated. 18.03.2025 as illegal arbitrary and against the principles of natural justice in alternative set a side the notice dated 18-3-2025. lA NO: 1 OF 2025 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 stay of all further proceedings in notice dated. 18.03.2025 disposal of the above writ petition. Counsel for the Petitioners : Mrs. SRIDEVI JAMPANI Counsel for the Respondent: NONE APPEARED The Court made the following: ORDER / ^PHCOIOI56522025 Bench Sr.No. LM-2 [3483] IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI WRIT PETITION NO: 7959 of 2025 Barre Nagaraju & another ...Petitioners Vs. M/s. Vastu Housing Finance Corporation Limited ...Respondent ********** Advocate for Petitioners Mrs. Sridevi Jampani Advocate for Respondent CORAM :THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 25th March 2025 PC : In view of the fact that there is an equally efficacious alternate remedy available to the petitioners before the Debts Recovery Tribunal in terms of Section 17 of the SARFAESI Act, 2002, and considering the ratio of the judgment rendered by the Apex Court in the case of United Bank of India Vs. Satyawati Tondon^, we are not inclined to exercise our writ jurisdiction under Article 226 of the Constitution of India. This writ petition is, accordingly, disposed of. No costs. Consequently, connected miscellaneous applications, if any, shall stand closed. I T (2010) (8) see 110 Sd/- K.KASI RAO ACHARI ASSISTANT REGISTRAR //TRUE COPY// To. 1. The Authorized Officer/Legal Manager, Vastu Housing Finance Corporation Limited, Vemuri Chanda Mouleswara Sarama, S/o. Anjaneyulu, Hindu, aged about 44 yrs, working as Senior Legal Manager/Authorized Officer, M/s. Vasthu Housing Finance Corporation Limited having its Branch Office at D.No.6-3-13, floor. Above South Indian Bank, Challapallivari Street, T. Nagar, Rajahmundry. 2. One CC to Mrs. Sridevi Jampani, Advocate [OPUC] 3. Three C.D. Cooies / HIGH COURT DATED:25/03/2025 ORDER WP.No.7959 of 2025 g 0 3 APR ?0?5 I . Current Section . ^ ^‘v^spAtcvve5>^ o DISPOSING OF THE W.P. WITHOUT COSTS