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2026 DAILYLAW 11633 (AP)

Ms.South Central Shopping Mall v. Canara Bank

WP/19039/2026 · 2026-09-23

Battu Devanand, Tuhin Kumar Gedela

body2026

Judgment text

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APHC010357452026 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3564] THURSDAY, THE 24th DAY OF SEPTEMBER 2026 PRESENT THE HONOURABLE SRI JUSTICE BATTU DEVANAND THE HONOURABLE SRI JUSTICE TUHIN KUMAR GEDELA WRIT PETITION NO: 19039/2026 Between: 1. MS.SOUTH CENTRAL SHOPPING MALL, REP. BY MANAGING PARTNER MAMIAI VENKATESWARA RAO S/O.M.VENKATA RAMANA AGED. 55 YEARS D.NO.18-4/G1,G2/GF MAIN POAD, PAYAKARAOPET, VISAKHAPATNAM DISTRICT. 2. MAMITLI RAJA VARAHALU, S/O.VENKATA RAMANA AGED . 50 YEARS D.NO.18-4/G1,G2/GF MAIN ROAD, PAYAKARAOPET, VISAKHAPATNAM DISTRICT. ...PETITIONER(S) AND 1. CANARA BANK, ASSET RECOVERY MANAGEMENT BRANCH REPRESENTED BY ITS AUTHORISED OFFICER D.N0.28-14M, 1ST FLOOR, OPP. MELODY CINEMA THEATRE SURYABAGH, VISAKHAPATNAM - 530 020. ...RESPONDENT Counsel for the Petitioner(S): 1. K B RAMANNA DORA Counsel for the Respondent: 1. T B L MURTHY The Court made the following: 2 THE HON’BLE SRI JUSTICE BATTU DEVANAND & THE HONOURABLE SRI JUSTICE TUHIN KUMAR GEDELA WRIT PETITION NO: 19039 OF 2026 ORDER: (Per Hon’ble Sri Justice Battu Devanand) Mr. K.B. Ramanna Dora, learned counsel for the petitioners, would submit that the Debts Recovery Tribunal, Visakhapatnam, passed an order dated 23.07.2026 in I.A.No.3032 of 2026 in S.A.No.448 of 2026, and in view of the same, no further adjudication is required in the present writ petition. 2. In view of the submission of the learned counsel for the petitioners, the Writ Petition is disposed of. There shall be no order as to costs. 3. It is needless to say that the Debts Recovery Tribunal, Visakhapatnam, has to dispose of S.A.No.448 of 2026 as early as possible, preferably within the time stipulated under Section 17(5) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. As a sequel thereto, the miscellaneous petitions, if any, pending in this appeal shall stand closed. __________________________ JUSTICE BATTU DEVANAND _____________________________ JUSTICE TUHIN KUMAR GEDELA Dated: 24.09.2026 KNN 3 119 THE HON’BLE SRI JUSTICE BATTU DEVANAND & THE HONOURABLE SRI JUSTICE TUHIN KUMAR GEDELA WRIT PETITION NO: 19039 OF 2026 Date:24.09.2026 KNN