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2025 DAILYLAW 50663 (AP)

DodIa Koti Reddy, v. THE DEBTS RECOVERY TRIBUNAL AT VISAKHAPATNAM

WP/35330/2025 · 2025-12-18

Cheekati Manavendranath Roy, Tuhin Kumar Gedela

body2025

Judgment text

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APHC010689352025 IN THE HIGH COURT OF ANDHRA PRADESH FRIDAY,THE NINETEENTH DAY OF DECEMBER TWO THOUSAND AND TWENTY FIVE THE HONOURABLE SRI JUSTICE CHEEKATI MANAVENDRANATH ROY THE HONOURABLE WRIT PETITION NO: 35330/2025 Between: 1. DODIA KOTI REDDY,, S/O LATE CHINNA VENKATESWARA REDDY AGED 40 YEARS, R/O. D.NO.1 CHIRALA TOWN AND MANDAL, BAPATIA DISTRICT. 1. THE DEBTS RECOVERY TRIBUNAL AT VISAKHAPATNAM, REP. BY ITS CHAIRMAN, VISAKHAPATNAM, VISAKHAPATNAM DISTRICT. 2. M/S CHOLAMANDALAMA INVESTMENT AND FINANCE PVT LTD, REP. BY ITS AUTHORIZED OFFICER, 2ND FLOOR, R9G3 PLUS WCM BBN SHOPPING COMPLEX. RAJA RAMAMO MUNTHAVARI CENTRE, CHIRALA, ANDHRA PRADESH. 3. ANURADHA DODIA, W/O LATE D. SRINIVASA REDDY, R/O D.NO.1 13-3 JAMMICHETTU LANE, VYKUNTAPURAM, CHIRALA, PRAKASAM DISTRICT, ANDHRA PRADESH 4. ANU DIARY FARM, REP BY. ANURADHA DODIA, D.NO.1 JAMMICHETTU LANE, VYKUNTAPURAM, CHIRALA PRAKASAM DISTRICT, ANDHRA PRADESH 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 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) FRIDAY,THE NINETEENTH DAY OF DECEMBER TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE CHEEKATI MANAVENDRANATH ROY THE HONOURABLE SRI JUSTICE TUHIN KUMAR GEDELA WRIT PETITION NO: 35330/2025 DODIA KOTI REDDY,, S/O LATE CHINNA VENKATESWARA REDDY AGED 40 YEARS, R/O. D.NO.1-13-3, JALAMMA TREE STREET, CHIRALA TOWN AND MANDAL, BAPATIA DISTRICT. ...PETITIONER AND THE DEBTS RECOVERY TRIBUNAL AT VISAKHAPATNAM, REP. BY ITS CHAIRMAN, VISAKHAPATNAM, VISAKHAPATNAM DISTRICT. M/S CHOLAMANDALAMA INVESTMENT AND FINANCE PVT LTD, REP. BY ITS AUTHORIZED OFFICER, 2ND FLOOR, R9G3 PLUS WCM BBN SHOPPING COMPLEX. RAJA RAMAMOHANA ROY RD, MUNTHAVARI CENTRE, CHIRALA, ANDHRA PRADESH. ANURADHA DODIA, W/O LATE D. SRINIVASA REDDY, R/O D.NO.1 3 JAMMICHETTU LANE, VYKUNTAPURAM, CHIRALA, PRAKASAM DISTRICT, ANDHRA PRADESH ANU DIARY FARM, REP BY. ANURADHA DODIA, D.NO.1 JAMMICHETTU LANE, VYKUNTAPURAM, CHIRALA PRAKASAM DISTRICT, ANDHRA PRADESH ...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 IN THE HIGH COURT OF ANDHRA PRADESH [3558] FRIDAY,THE NINETEENTH DAY OF DECEMBER THE HONOURABLE SRI JUSTICE CHEEKATI MANAVENDRANATH ROY SRI JUSTICE TUHIN KUMAR GEDELA DODIA KOTI REDDY,, S/O LATE CHINNA VENKATESWARA REDDY 3, JALAMMA TREE STREET, CHIRALA TOWN AND MANDAL, BAPATIA DISTRICT. ...PETITIONER THE DEBTS RECOVERY TRIBUNAL AT VISAKHAPATNAM, REP. BY ITS CHAIRMAN, VISAKHAPATNAM, VISAKHAPATNAM DISTRICT. M/S CHOLAMANDALAMA INVESTMENT AND FINANCE PVT LTD, REP. BY ITS AUTHORIZED OFFICER, 2ND FLOOR, R9G3 PLUS HANA ROY RD, MUNTHAVARI CENTRE, CHIRALA, ANDHRA PRADESH. ANURADHA DODIA, W/O LATE D. SRINIVASA REDDY, R/O D.NO.1- 3 JAMMICHETTU LANE, VYKUNTAPURAM, CHIRALA, ANU DIARY FARM, REP BY. ANURADHA DODIA, D.NO.1-13-3, JAMMICHETTU LANE, VYKUNTAPURAM, CHIRALA PRAKASAM ...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 2 CMR,J & GTK,J W.P.No.35330 of 2025 pleased tomay be pleased to issue a writ, order or a direction, more particularly one in the nature of Writ of Mandamus, declaring the action of the 1st respondent in not disposing the stay application in I.A. No.4239 of 2025 in S.A.No.664 of 2025 on the file of the Debt Recovery Tribunal, Visakhapatnam and stay of Advocate Commissioner notice dt.08-12-2025 of the house property situated at Vaikuntapuram, Chirala Municipal Corporation, Chirala Mandal, Prakasam District, during the pendency of the stay application in the S.A.No.664 of 2025 during the pendency of the stay application as illegal irregular, arbitrary and also violation of the provisions of the Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act 2002 (SARFAESI) and Rules framed there under and also offends Articles 14, 21 and 300-A of Constitution of India and consequently direct the 1st respondent to dispose the stay application in I.A. No.4239 of 2025 in S.A.No.664 of 2025 forthwith and pass such IA 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 may be pleased to grant stay of all further proceedings including the auction of the property situated at Vaikuntapuram, Chirala Municipal Corporation, Chirala Mandal, Prakasam District, and stay of Advocate Commissioner notice dt.08-12-2025, during the pendency of the stay application in the S.A.No.664 of 2025 which is schedule property in S.A.No.664 of 2025 on the file of the 1st respondent pending disposal of the main writ petition and pass such Counsel for the Petitioner: 1. ARDITI VENKATA NAGA YASWANTH Counsel for the Respondent(S): 1. 3 CMR,J & GTK,J W.P.No.35330 of 2025 The Court made the following: ORDER: (Per Hon’ble Sri Justice Cheekati Manavendranath Roy) Heard learned counsel for the petitioner. 2. Aggrieved by the measures initiated by the 2nd respondent-financial institution under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, (for short, ‘the Act’), for recovery of the loan amount from the principal borrower by taking possession of the secured asset to proceed further as per the procedure contemplated under the Act, the petitioner, who is not a principal borrower or a guarantor and claiming to be owner of the secured asset and alleging that behind his back that his property was offered as security by the principal borrower, he has challenged the said measures initiated by the 2nd respondent-financial institution before the Debts Recovery Tribunal by way of filing securitization application in S.A.No.664 of 2025 before the Debts Recovery Tribunal, Visakhapatnam. Alongside the application, he has filed I.A.No.4239 of 2025 seeking stay of the further proceedings. 3. It is his grievance that the Debts Recovery Tribunal is not considering the said stay application even though there is urgency to consider the same and that the Debts Recovery Tribunal has posted the said I.A.No.4239 of 2025 to a distant date i.e., 09.02.2026 and as possession of the property may be taken at any point of time, he has approached this Court by way of filing this writ petition. 4. As the petitioner has already approached the Debts Recovery Tribunal, which is an appropriate forum, for redressal of the grievance on the grounds which are urged before this Court, we are not inclined to interfere with the matter and to entertain the writ petition. However, we are of the considered view that in view of the urgency that is urged by the petitioner, that a direction is required to be given to the Debts Recovery Tribunal to advance the said 4 CMR,J & GTK,J W.P.No.35330 of 2025 stay application and consider the same and pass appropriate orders on it, according to law and dispose of the same expeditiously. 5. Therefore, the Writ Petition is disposed of with a direction to the 1st respondent-Debts Recovery Tribunal, Visakhapatnam, to advance I.A.No.4239 of 2025 and hear the same and pass appropriate orders on it, according to law, within 15 days from date of receipt of this order. There shall be no order as to costs. As a sequel, Interlocutory Applications pending, if any, shall stand closed. ________________________________________ JUSTICE CHEEKATI MANAVENDRANATH ROY _____________________________ JUSTICE TUHIN KUMAR GEDELA Date: 19.12.2025 MDP