IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD TUESDAY, THE NINETEENTH DAY OF APRIL TWO THOUSAND AND FIVE PRESENT THE HON'BLE MR. BILAL NAZKI, THE ACTING CHIEF JUSTICE and THE HON'BLE DR JUSTICE G.YETHIRAJULU WRIT APPEAL NO : 831 of 2005 (Writ Appeal under Clause 15 of the Letters Patent against the Order dated 21/03/2005 in WP NO : 5779 OF 2005 on the file of the High Court.) Between: M. Nagaraju, Proprietor, M/s. MNR Poultry Farm, Kundanpally village, Keesara Mandal, Ranga Reddy District. ..... APPELLANT AND 1 A.P. State Financial Corporation, Rep. by its managing Director, 5-9-194, Chirag Ali Lane, Hyderabad 500 001. 2 The Branch Manager, A.P. State Financial Corporation, Ranga Reddy (East) Branch, Chirag Ali Lane, Hyderabad 500 001. ....RESPONDENTS Counsel for the Appellant:MR.R.V.NAGABUSHNAM RAO Counsel for the Respondent No.: MR.Y.N.LOHITA The Court made the following : JUDGMENT (Per Hon’ble the Acting Chief Justice) The writ petition was filed challenging the notification dated 1.2.2005, proposing to sell the poultry farm situated at Kundanpally village, Keesara Mandal, Rangareddy District. 2. Admittedly the appellant is a defaulter and, therefore, the learned single Judge did not interfere with the matter and dismissed the writ petition. 3. The learned counsel appearing for the appellant submits that the appellant is prepared to clear the whole balance within a period of eight weeks from today. 4. In view of this statement and after hearing the learned counsel for the respondents, we direct that in case the property was not sold in pursuance of the notification dated 1.2.2005, it may not be sold for a period of eight weeks from today, provided the appellant gives an undertaking before the Registrar (Judicial) within ten days from today that he will clear off the debts within eight weeks from today. 5. If the undertaking is not given, respondents shall be at liberty to sell away the property and if undertaking is given and the debts are not cleared within the stipulated period of time, respondents are at liberty to bring the fact to the notice of this court, in addition to selling the property. 6. The writ appeal is accordingly disposed of. No costs. --------------------------------- BILAL NAZKI, HACJ ----------------------------------- DR.G.YETHIRAJULU,J AVS DATE:19-04-2005 ........REGISTRAR To 1. The Managing Director, A.P. State Financial Corporation, 5-9- 194, Chirag Ali Lane, Hyderabad 500 001. 2 The Branch Manager, A.P. State Financial Corporation, Ranga Reddy (East) Branch, Chirag Ali Lane, Hyderabad 500 001. 3. The Registrar (Judicial), High Court of A.P. for information and necessary action. 3. 2 CD copies Form-NIC-OGS/WA {SPJS}