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2025 DAILYLAW 8872 (AP)

MECWEL CONSTRUCTIONS PRIVATE LIMITED v. AUTHORIZED OFFICER

WP/5182/2025 · 2025-03-03

Dhiraj Singh Thakur, Ravi Cheemalapati

body2025

Judgment text

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APHC010097302025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI WRIT PETITION NO: 5182 of 2025 Bench Sr.No:- 1 [3483] M/s. MECWEL Constructions Private Limited ...Petitioner Vs. Authorized Officer and another ...Respondents ********** Advocate for petitioner : Sri Challa Srinivas, learned counsel representing Sri K. B. Ramanna Dora. Advocate for respondents : None CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 3rd March 2025 P C : Learned counsel for the petitioner states that a Securitization Application bearing S.A.No.68 of 2025 has already been filed before the Debts Recovery Tribunal, Visakhapatnam, which was accompanied by an interlocutory application vide I.A.No.354 of 2025 on which no orders have been passed. In the meantime, it is stated that the respondent Canara Bank has initiated steps to dispossess the petitioner from the premises in question, which would cause prejudice to the interests of the petitioner and render the S.A. academic. 2. Be that as it may, we dispose of this petition with a direction to the respondents to dispose of I.A.No.354 of 2025 in S.A.No.68 of 2025 at the 2 earliest not later than four (4) weeks from today. In the meantime, status quo be maintained with regard to the possession of the petitioner. No order as to costs. Pending miscellaneous applications, if any, shall stand closed. DHIRAJ SINGH THAKUR, CJ RAVI CHEEMALAPATI, J AMD 3 17 HON’BLE MR. JUSTICE DHIRAJ SINGH THAKUR, CHIEF JUSTICE & HON’BLE MR. JUSTICE RAVI CHEEMALAPATI WRIT PETITION NO: 5182 of 2025 Dt : 03.03.2025 AMD