S R K TOWNSHIP PROMOTERS PVT LIMITED v. THE DEBTS RECOVERY TRIBUNAL
WP/19197/2025 · 2025-07-24
Dhiraj Singh Thakur, Ravi Cheemalapati
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 26597 (AP) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 26597 (AP) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
% i APHC010376502025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) }!:
FRIDAY,THE TWENTY FIFTH DAY OF JULY TWO THOUSAND AND TWENTY FIVE PRESENT HON’BLE SRI JUSTICE DHIRAJ SINGH THAKUR, CHIEF JUSTICE AND HON’BLE SRI JUSTICE RAVI CHEEMALAPATI WRIT PETITION NO: 19197 OF 2025 Between: M/s. S R K Township Promoters Pvt. Limited, Represented by its Managing Director Mr. Mala Kondaiah, Chambers, 3'" Floor, Yellareddyguda, Hyderabad 500073 ...PETITIONER AND
1. The Debts Recovery Tribunal, Represented by its Registrar, Visakhapatnam Bench, Daba Gardens, Visakhapatnam
2. Union Bank, Represented by its Authorised Officer, Asset Recovery Branch, Vijayawada
3.
M/s CSR Infratech India Pvt. Ltd., Represented by its Managing Director, Flat no.501^ Plot No.j29/A,PJR Arcade, Sai Nagar Colony, Kukatpally , Hyderabad Telangayi{ia 500072 ...RESPONDENTS 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 a). Issue an order, direction or writ more in the nature df a
Certiorari by Calling for the records pertaining to IA.No.2721/2025 in S.A. No. 394/2025 pending on the file of the Hon’ble Debts Recovery Tribunal, Visakhapatnam and set-aside the same. b). Direct the Hon’ble Tribunal to dispose of the I.A.No.2721/2025 in S.A. No.394/2025 within a time frame as
directed by this Hon’ble Court, c). Grant costs of the writ petition, d). Grant such other relief or reliefs as this Hon’ble Court deems fit and proper in the circumstances of the case.
lA NO: 2 OF 2025 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 direct the 2^^^^ respondent not to take any coercive steps against the petitioner herein or their properties which is the subject matter of the S.A.No.394/2025 till the disposal of the interim application I.A.No.2721/2025 in S.A.No. 394/2025, on the file of the Honble Debts Recovery Tribunal, Visakahapatnam in the interests of justice as otherwise the petitioner would be put to irreparable loss and injury. Counsel for the Petitioner: Ms. CH. VEDAVANI Counsel for the Respondent Nos.1 to 3: — The Court made the following order:
< APHC010376502025 IN THE HIGH COURT OF ANDHRA PRADESH Bench Sr.No:- AT AMARAVATI 4 [3483] WRIT PETITION NO: 19197 of 2025 ...Petitioner M/s. R. K. Township Promoters Private Limited Vs. ...Respondents The Debts Recovery Tribunal and others ********** Ms. Ch. Vedavani Advocate for Petitioner Advocate for Respondents
CORAM :THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 25th July 2025 PC :
Learned counsel for the petitioner states that even when the petitioner had filed S.A.No.394 of 2025 before the Debts Recovery Tribunal Visakhapatnam, no orders have been passed in the application for interim direction accompanying the said S.A vide I.A.No.2721 of 2025 and only notice In the meantime, it is stated that the respondent Bank has was issued. initiated steps to dispossess the petitioner from the premises in question, which would cause prejudice to the interests of the petitioner and render the S.A. academic.
2 Be that as it may, we dispose of this petition with a direction to the Debts Recovery Tribunal, Visakhapatnam to dispose of I.A.No.2721 of 2025 in SANo.394 of 2025 preferably, within a period of four (4) weeks. Until such time the appropriate orders are passed, status quo be maintained with regard to the possession of the petitioner over the scheduled property. No order as
2. to costs. Pending miscellaneous applications, if any, shall stand closed.
Sd/- U. SPJDEVi ASSISTANT REGISTRAR //TRUE COPY// SEC OFFICER To
1. The Registrar, Debts Recovery Tribunal, Visakhapatnam Bench, Daba Gardens, Visakhapatnam The Authorised Officer, Union Bank, Asset Recovery Branch, Vijayawada The Managing Director, M/s. CSR Infratech India Pvt Ltd, Flat no.501. Plot No.l29/A,PJR Arcade Sai Nagar Colony, Kukatpally , Hyderabad Telangama 500072 One CO to Sri Oh. Vedavani, Advocate [OPUC] Two CD Copies.
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y HIGH COURT DATED:25/07/2025 ^ I 0 ^ AUG 2075 g) Cgrrenl Secilon
JUDGMENT WP No.19197 OF 2025 DISPOSING OF THE W.P. WITHOUT COSTS