HON'BLE SRI JUSTICE U.DURGA PRASAD RAO
AND
HON'BLE SRI JUSTICE B.V.L.N. CHAKRAVARTHI
WRIT PETITION No.33466 of 2022
ORDER: (per UDPR, J)
Heard learned counsel for petitioner, Sri Bachina Hamumantha Rao
and having regard to the nature of the matter, this Writ Petition is
disposed at the admission stage.
2. As can be seen, the respondent No.1 filed S.A. No. 351 of 2021
before Debts Recovery Tribunal, Visakhapatnam, and in the said matter the enquiry was completed and matter is at the stage of hearing arguments and posted to 15.11.2022 for submission of written arguments on behalf of the applicant in the said S.A. The submission of learned counsel for petitioner, Sri. Bachina Hamumantha Rao, is that the matter is being delayed and thereby the proceedings at the stage of Sec.13(4) of the SARFAESI Act are stalled.
3. In our view, though the SA is of the year 2021, the Debts Recovery Tribunal, Visakhapatnam, has conducted the proceedings within a reasonable speed and saw that the matter reached the stage of arguments and now it is in the stage of filling of the writ arguments. We hope and trust that the Tribunal will complete the proceedings and pronounce the Judgment at the earliest. Therefore, we do not want to give any direction fixing specific time for completion of the matter. We reiterate that the Tribunal will pronounce the order in S.A. at the earliest.
4. With the above observation, this writ petition is disposed of. No costs. As a sequel, interlocutory applications pending, if any, shall stand closed.
__________________________ U.DURGA PRASAD RAO, J _________________________ B.V.L.N.CHAKRAVATHI, J 14.10.2022 SS/chm HON'BLE SRI JUSTICE U.DURGA PRASAD RAO AND HON'BLE SRI JUSTICE B.V.L.N. CHAKRAVARTHI WRIT PETITION NO. 33466 of 2022 14th October, 2022 SS/chm