WP/5387/2025 of NALLURI VENKATA KRISHNA RAO Vs THE DEBOT RECOVERY TRIBUNAL

APHC010098262025 IN THE HIGH COURT OF ANDHRA PRADESH Bench Sr.No:-10 [3446] AT AMARAVATI WRIT PETITION NO: 5387 of 2025 Nalluri Venkata Krishna Rao ...Petitioner Vs. The Debts Recovery Tribunal and others ...Respondents ********** Advocate for Petitioner : Mr. Habibulla Shaik Advocate for Respondents : --- CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE R RAGHUNANDAN RAO DATE : 6th March, 2025 PC: The petitioner claims that he had purchased the property which was a secured asset with the respondent bank in an auction conducted by the said bank. 2. The sale having been confirmed was subsequently cancelled which lead the petitioner to challenge the said order of cancellation before the Debts Recovery Tribunal, Visakhapatnam, by way of an SA bearing No.512 of 2024 which was filed on 28.09.2024. 3. It is stated that a notice was issued and ever since the DRT has been giving opportunities to the respondent bank to file its reply which has not been filed till date. 2 HCJ & RRR,J WP_5387_2025 In the meantime, it is stated that the bank is proposing to put the same property to auction which would render the SA filed by the petitioner academic. It is stated that an attempt had alr