IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) WEDNESDAY, THE TWENTY NINTH DAY OF DECEMBER TWO THOUSAND AND FOUR PRESENT THE HON'BLE MR JUSTICE P.S.NARAYANA WRIT PETITION NO : 3308 of 1997 Between: M/s. Tirumala Flash Tech Pvt Ltd., Rep. by it's Managing Director, T.Narasimha Rao. ..... PETITIONER AND 1 A.P.State Finance Corporation , Rep.by it's Manging Director, Chirag Ali Lane, Hyderabad -500 001. 2 A.P.State Finance Corporation , Rep. by it's Branch Manger, Vijayawada, Krishna District. .....RESPONDENTS 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 issue an Appropriate Writ, Order or Direction declaring the action of the respondents herein in seizing the unit of the petitioner under Sec.29 of the S.F.C. Act and bringing it to sale by notification dated 10.2.1997 is arbitrary, illegal, unjust and issue a consequential direction to the respondents to the respondents not to proceed with the same and further direct the respondents herein to release the balance loan amount sanctioned on 18.6.1991 and re-schedule the same. Counsel for the Petitioner:MR.C.V.MOHAN REDDY Counsel for the Respondents : MR.P.Suresh, S.C. for AP STATE FINANCE CORPORATION The Court made the following : ORDER: Sri Ramakrishna, Advocate, representing Sri C.V.Mohan Reddy, learned counsel for the petitioner states that the writ petition became infructuous. The said submission is hereby recorded. The writ petition is accordingly dismissed as having become infructuous. No costs. _______________ P.S.NARAYANA, J Dated : 29th December, 2004. Sh To 1 The Managing Director, A.P.State Finance Corporation ,, Chirag Ali Lane, Hyderabad -500 001. 2 The Branch Manager, A.P.State Finance Corporation , Vijayawada, Krishna District. 3 2CD copies.