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february 2025

High Court of Andhra Pradesh · 2025-02-02

WP/2344/2025 of KODALI SUDHAKAR Vs THE BRANCH MANAGER

Citation / case number
APHC010604652024
Court
High Court of Andhra Pradesh
Petitioner
WP/2344/2025 of KODALI SUDHAKAR
Respondent
THE BRANCH MANAGER
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Judgment text excerpt

APHC010604652024 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3329] (Special Original Jurisdiction) MONDAY ,THE THIRD DAY OF FEBRUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE VENKATESWARLU NIMMAGADDA WRIT PETITION NO: 2344/2025 Between: Kodali Sudhakar ...PETITIONER AND The Branch Manager and Others ...RESPONDENT(S) Counsel for the Petitioner: 1. SRINIVAS MANCHANAPALLI Counsel for the Respondent(S): 1. The Court made the following: 2 THE HON’BLE SRI JUSTICE VENKATESWARLU NIMMAGADDA WRIT PETITION NO: 2344/2025 ORDER: Heard the learned counsel for the petitioner. 2. The case of the petitioner herein is that the petitioner submitted a representation/application under Section 13(3A) of the SARFAESI Act, 2002 to the respondents herein. But the respondents did not consider the representation of the petitioner. Hence, the present Writ Petition. 3. It is observed that the respondents’ institution is a Non- Banking Finance Institution/Company. It is true that there are regulations issued by the RBI for the non-banking finance institutions/companies to carry out its business in compliance of the regulations. Mere issuance of the regulations by the RBI for non- ban