POTHULA VEERA VENKATA SARVESHWARA RAO v. THE UNION BANK OF INDIA
WP/28097/2025 · 2025-10-13
Dhiraj Singh Thakur, Ravi Cheemalapati
body2025
DailyLaw.ai
[ 2025 DAILYLAW 51972 (AP) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 51972 (AP) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
APHC010544962025
IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI
WRIT PETITION NO: 28097 of 2025 Bench Sr.No:-11 [3483] Sri Pothula Veera Venkata Sarveshwara Rao and another
...Petitioners Vs. The Union Bank of India and another ...Respondents ********** Advocate for Petitioners : Sri M. S. P. Reddy Advocate for Respondents : Smt V. Dyumani
CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 14th October 2025 P C :
We have heard the learned counsel for the petitioners, who states that the petitioners shall liquidate the loan amount within a period of two months from today.
2. The petitioners are agriculturists and dependent upon the produce from their village land and therefore, pray that some time be granted to repay the amount.
3.
Learned counsel for the respondents is not averse to time being granted provided the petitioners liquidate the entire amount of approximately Rs.7,68,000/-.
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4. In the facts and circumstances of the case, we direct maintenance of status quo with regard to the secured asset with liberty to the petitioners to repay the amount within a period of two (2) months. We make it clear that this
order shall remain in force only for a period of two months and thereafter, it shall be open to the respondents to take appropriate action in accordance with law.
5. Accordingly, the Writ Petition is disposed of. No costs.
Pending miscellaneous applications, if any, shall stand closed.
DHIRAJ SINGH THAKUR, CJ
RAVI CHEEMALAPATI, J AMD
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HON’BLE MR. JUSTICE DHIRAJ SINGH THAKUR, CHIEF JUSTICE & HON’BLE MR. JUSTICE RAVI CHEEMALAPATI
WRIT PETITION NO: 28097 of 2025
Dt:14.10.2025
AMD