THE HONOURABLE SRI JUSTICE GODA RAGHURAM AND THE HONOURABLE SRI JUSTICE NOUSHAD ALI Writ Petition No. 5594 of 2010 Dated: 11-3-2010 Between: Aravapalli Kasi Visweswara Rao …Petitioner and Syndicate Bank, rep. by its Chief Manager-cum- Authorised Officer, Main Branch, Guntur District and another …Respondents. Order: (Per Hon’ble Sri Justice Goda Raghuram) The writ petition has no legal profile and is premature. The 2nd respondent and two others availed a loan/credit limit for Rs.45.00 lakhs from the 1st respondent-Bank. The outstanding liability on this account is Rs.47,56,008-16 Ps. As the borrowers defaulted in the repayment, the accounts were classified as non-performing assets as per the guidelines of the Reserve Bank of India. The 1st respondent issued a notice under Section 13 (2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short ‘the Act’) to the borrowers including the 2nd respondent on 7-1-2010 as well to the sureties who are three in number, calling upon the addressees to discharge in full the liabilities within sixty days, failing which proceedings under Section 13 including possession would be initiated. The petitioner claims to be a tenant of the Rice Mill in Door No. 20-29, Purushotapatnam, Chilakaluripet, which appears to have been mortgaged to the 1st respondent by the 2nd respondent and other borrowers as security for the loan. He claims to have the tenancy tenure up to 15-12-2012. He apprehends that on the 1st respondent proceeding further, under Section 13 (4) of the Act, he would be dispossessed of his tenancy and would loose his valuable right. As on date, however as apparent from the pleadings and the material papers filed along with the writ petition, except a notice dated 7-1-2010 under Section 13 (2) of the Act by the 1st respondent to the 3rd respondent and other borrowers and the sureties, no steps under Section 13 (4) of the Act or 14 of the Act have been taken. In the above circumstances, there is no current cause of action warranting judicial review. The writ petition is accordingly dismissed. No costs. ___________________________ GODA RAGHURAM, J ____________________ NOUSHAD ALI, J 11th March, 2010. GRR THE HONOURABLE SRI JUSTICE GODA RAGHURAM AND THE HONOURABLE SRI JUSTICE NOUSHAD ALI Writ Petition No. 5594 of 2010 (Order of the Bench delivered by Hon’ble Sri Justice Goda Raghuram) Dated: 11-3-2010