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2025 DAILYLAW 43540 (AP)

OPTIONS MOBILES PVT LTD v. THE AUTHORIZED OFFICER

WP/28543/2025 · 2025-10-16

Dhiraj Singh Thakur, Ravi Cheemalapati

body2025

Judgment text

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APHC010517142025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI WRIT PETITION NO: 28543 of 2025 Bench Sr.No:-1 [0] M/s. Options Mobiles Pvt Ltd and others ...Petitioners Vs. The Authorized Officer and others ...Respondents ********** Advocate for Petitioners : Mr. M. Chandra Shekar representing Mr. Srinivas Manchanapalli Advocate for Respondents : Mr. S. Satyanarayana Moorthy CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 17th October, 2025 P C : We have heard learned counsel for the petitioners. The petitioners are already before the Debts Recovery Tribunal, Visakhapatnam, in which certain interim orders have been passed protecting the interest of the petitioners. The present petition has been filed seeking a Mandamus against the respondent bank to consider the OTS proposal of the petitioners. Learned counsel for the petitioners has failed to convince us as to on what basis can such a direction at all be passed. 2 HCJ & RC, J WP_28543_2025 Learned counsel for the respondent bank, on the other hand, places reliance on the Apex Court judgment in The Bijnor Urban Cooperative Bank Limited v. Meenal Agarwal [(2023) 2 SCC 805] to say that no such direction can be issued. Be that as it may, we find no merit in the present petition, which is accordingly dismissed. No order as to costs. Miscellaneous applications pending, if any, shall stand closed. DHIRAJ SINGH THAKUR, CJ RAVI CHEEMALAPATI, J Vjl