1 APHC010947762018 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3396] THURSDAY, THE TWENTY SIXTH DAY OF JUNE TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE DR JUSTICE VENKATA JYOTHIRMAI PRATAPA WRIT PETITION NO: 45918/2018 Between: 1. PUPPALA GOPIKRISHNA, S/O. VEERANJANEYULU, AGED 26 YEARS OCC. ASSISTANT MANAGER, IDBI BANK., LTD., ELURU BRANCH R/O 24B-1 1-41, MARAKAVARI STREET, PATHEBADA, ELURU ANDHRA PRADESH. - 534002 ...PETITIONER AND 1. UNION OF INDIA, REP., BY ITS SECRETARY(FINANCIAL SERVICES), MINISTRY OF FINANCE, DEPARTMENT OF FINANCIAL SERVICES, 3RD FLOOR, JEEVAN DEEP BUILDING, SANSAD MARG NEW DELHI 110001 2. LIFE INSURANCE CORPORATION, REP., BY ITS DIRECTOR, 18/60, GEETA COLONY, NEW DELHI - 110031 3. IDB1 BANK LTD, REP., BY ITS MANAGER, 1DBI TOWER, WTC COMPLEX, CUFFE PARADE, COLABA, MUMBAI -400005 4. SECURITIES EXCHANGE BOARD OF INDIA, REP., BY DIRECTOR, PLOT NO.C4- A. G BLOCK, BANDRA KURIA COMPLEX, BANDRA MUMBAI -400051 5. RESERVE BANK OF INDIA, REP., BY ITS DIRECTOR, 16TH FLOOR, CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH MARG, MUMBAI - 400 001 2 6. INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA, RE., BY ITS DIRECTOR, DELHI OFFICE - GATE NO.3, JEEVAN TARA BUILDING, FIRST FLOOR, SANSAD MARG, NEW DELHI - 110001. ...RESPONDENT(S): 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 a writ, order or direction more particularly one in the nature of Mandamus by declaring the action of the respondents as illegal, arbitrary and unconstitutional and a) direct the respondents(1,3,4,5,6) not grant approval, to respondent No.2 to acquire 51 percentage stake of Respondent No.3 and b) direct the respondents to maintain status quo of petitioner employment and pass such other order or orders. IA NO: 1 OF 2018 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 issue a writ, order or direction more particularly one in the nature of Mandamus by declaring the action of the respondents as illegal, arbitrary and unconstitutional and direct the respondents to maintain status quo of petitioner employment, pending disposal of the writ petition. Counsel for the Petitioner: 1. M VISWANATH PRASAD Counsel for the Respondent(S): 1. PELLETI RAJESH KUMAR (CENTRAL GOVT COUNSEL) The Court made the following: ORDER: Sri M.Viswanath Prasad, learned counsel for the Petitioner would submit that the relief has become infructuous and petition may be disposed of. 2. Learned counsel for the respondents is in attendance. 3 3. In that view, the Writ Petition is dismissed, since relief has become infructuous. There shall be no order as to costs. As a sequel thereto, miscellaneous petitions pending, if any, shall stand closed. _________________________________________ Dr. JUSTICE VENKATA JYOTHIRMAI PRATAPA Date: 26.06.2025 ARR 4 206 THE HONOURABLE DR JUSTICE VENKATA JYOTHIRMAI PRATAPA WRIT PETITION NO: 45918/2018 Dt.26.06.2025 ARR