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march 2025

High Court of Andhra Pradesh · 2025-03-02

WP/5182/2025 of MECWEL CONSTRUCTIONS PRIVATE LIMITED Vs AUTHORIZED OFFICER

Citation / case number
APHC010097302025
Court
High Court of Andhra Pradesh
Petitioner
WP/5182/2025 of MECWEL CONSTRUCTIONS PRIVATE LIMITED
Respondent
AUTHORIZED OFFICER
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Judgment text excerpt

APHC010097302025 IN THE HIGH COURT OF ANDHRA PRADESH Bench Sr.No:- 1 AT AMARAVATI [3483] WRIT PETITION NO: 5182 of 2025 M/s. MECWEL Constructions Private ...Petitioner Limited 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 PC: 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