IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) WEDNESDAY, THE TWENTY FOURTH DAY OF JUNE TWO THOUSAND AND NINE PRESENT THE HON'BLE MR JUSTICE GHULAM MOHAMMED and THE HON'BLE MR JUSTICE VILAS V. AFZULPURKAR WRIT PETITION NO : 19174 of 2008 Between: D. Madhusudan Rao S/o. Sri Rama Somayajulu R/o. D.No. 49-30-0/A, 1st Floor, Madhuranagar, Visakhapatnam - 16. ..... PETITIONER AND 1 Ind Bank Housing Ltd., Rep. by its Branch Manager, IBHL No. 3-6- 150, Indian Bank Buildings, Himayathnagar, Hyderabad. 2 The Authorized Officer, Ind Bank Housing Ltd., 480, Anna Salai, Nandanam, Chennai - 600 035. 3 Viswandha Surya Chandra Koteswara Jagannadha Rao S/o. Late Venkata Ramana Murthy R/o. Flat No.3, Sarvani Towers, Srinagar, Visakhapatnam - 16. 4 Smt. B.Suguna W/o. Sri. B.V.J.Rao R/o. Flat No. 503, Vijayasri Apartments, Ameerpet, Hyderabad. .....RESPONDENT(S) Petition under Article 226 of the constitution of India praying that in the circumstances stated in the Affidavit filed herein the High Court will be pleased to to issue a writ of Mandamus, or any other appropriate writ, order or direction, declaring the action of the Respondent Bank in invoking the provisions of the Securitization ACt, 2002 in relation to the property bearing Flat No. 03, 1st Floor, Sarvani Towers, Municipal No. 48- 12-9/4/1, Srinagar Visakhapatnam Knowingly that a fraud was committed in relation to the transaction as illegal, arbitrary, without jurisdiction and contrary to the provisions of Securitization Act, 2002 and further direct the Respondents 1 & 2 not to proceed with the sale of the said property and pass Counsel for the Petitioner:MR.C.RAGHU Counsel for the Respondent : MR.AMBADIPUDI SATYANARAYANA FOR R The Court made the following : ORDER: (Per Sri Justice GHULAM MOHAMMED) The learned counsel appearing for the petitioner seeks permission of this Court to withdraw the Writ Petition. Permission is accorded. Accordingly, the Writ Petition is dismissed as withdrawn. There shall be no order as to costs. _____________________________ GHULAM MOHAMMED, J ______________________________ VILAS V. AFZULPURKAR, J Dt. 24.06.2009 KA ..... REGISTRAR // TRUE COPY // SECTION OFFICER To 1. 2 CD copies