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2025 DAILYLAW 29034 (AP)

M/S CSR INFRATECH INDIA PVT LTD v. THE DEBT RECOVERY TRIBUNAL

WP/21145/2025 · 2025-08-13

Dhiraj Singh Thakur, R Raghunandan Rao

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

APHC010414122025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) THURSDAY,THE FOURTEENTH DAY OF AUGUST TWO THOUSAND AND TWENTY FIVE PRESENT HON’BLE THE CHIEF JUSTICE SRI DHIRAJ SINGH THAKUR AND HON’BLE SRI JUSTICE R RAGHUNANDAN RAO WRIT PETITION NO: 21145 OF 2025 Between: M/s. CSR Infratech India Pvt. Ltd., Represented by its Managing Director C.Sriniasa Rao S/o Kondiah Flat no.501,Plot no. 129/1,PJR Arcade ,Sai Nagar Colony, Kukatpalli, Hyderabad Telangana 500 072 ...PETITIONER AND 1. The Debt Recovery Tribunal, Represented by its Registrar, Visakhapatnam Bench, Daba Gardens, Visakhapatnam 2. Union Bank of India, Asset Recovery Branch, 4th Floor, Andhra Bank Building R R Apparao Street, Vijayawada, AP 520 001 Rep by its Authorized Officer ...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 of a Certiorari by Calling for the records pertaining to I.A.No.3052/2025 in S.A. No.477/2025 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 lA.No.3052/2025 in S.A. No.477/2025 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: 1 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.447/2025 till the disposal of the interim application IA.No.3052/2025 in S.A.NO. 447/2025, on the file of the Hon’ble Debts Recovery Tribunal, Visakahapatnam in the interests of justice. lA NO: 2 OF 2.02B 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.447/2025 till the disposal of the interim application IA.No.3052/2025 in S.A.No. 447/2025, on the file of the Hon’ble Debts Recovery Tribunal, Visakahapatnam in the interests of justice. Counsel for the Petitioner: M/s. CH. VEDAVANI appearing for M/s. VARA LAKSHMI CHEKURI Counsel for the Respondent Nos.1 & 2: — The Court made the following order: APHC010414122025 IN THE HIGH COURT OF ANDHRA PRADESH Bench Sr.^W AT AMARAVATI [3446] WRIT PETITION NO: 21145 of 2025 M/s. CSR Infratech India Pvt. Ltd. ...Petitioner Vs. The Debts Recovery Tribunal and another ...Respondents ********** Advocate for Petitioner Mrs. Ch. Vedavani appearing vice Mrs. Vara Lakshmi Chekuri Advocate for Respondents CORAM :THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE R RAGHUNANDAN RAO : 14th August 2025 DATE PC : Learned counsel for the petitioner states that a Securitization Application bearing No.447 of 2025 has already been filed before the Visakhapatnam, along with an Interlocutory Application bearing No.3052 of 2025 for grant of interim relief which was not considered and notices were D.R.T., only issued. 2. It is stated that in case interim protection is not granted, the matter before the Tribunal will be rendered academic. 3. Be that as it may, we dispose of this writ petition with a direction to the respondent - Debts Recovery Tribunal, Visakhapatnam, to decide the Interlocutory Application preferably within six weeks. Till then, status quo be maintained with regard to the possession of the property. No costs. petitioner over the schedule Consequently, connected miscellaneous applications shall stand closed. pending, if any. Sd/- K SRINIVASA RAJU ASSISTANT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. The Registrar, Debt Recovery Tribunal, Visakhapatnam Bench Gardens, Visakhapatnam. 2. The Authorized Officer, Union Bank of India , Daba Asset Recovery Branch, 4*" Floor, Andhra Bank Building R R Apparao Street, Vijayawada 520 001. . AP 3. One CC to M/s. Vara Lakshmi Chekuri, Advocate [OPUC] 4. Two CD Copies. Ssb (gsg) HIGH COURT ssb DATED;14/08/2025 ORDER WP No. 21145 OF 2025 OY: 11 AUG 2025 ^ - ^/i ^ . Current aectton DISPOSING OF THE W.P. WITHOUT COSTS