HON'BLE SRI JUSTICE R. SUBHASH REDDY WRIT PETITION No.26414 of 2007 Date : 09.08.2011 Between : Gompa Suryaprakasa Rao. …..Petitioner And Special Cadre Deputy Registrar, Officer on Special Duty, A.P. State Co-operative Bank Ltd., Troop Bazar, Hyderabad & others. …..Respondents HON'BLE SRI JUSTICE R. SUBHASH REDDY WRIT PETITION No.26414 of 2007 ORDER : In this writ petition, the petitioner has questioned the sale notice issued by the 1st respondent in Form-8 on 30th of October 2007, for sale of land admeasuring Ac.2.15/1/3 cents belonging to M/s.Chic Aquatics Pvt. Ltd., situated at Muthyalammapalem of Cheepurupalli village in Paravada Mandal of Visakhapatnam District. The case of the petitioner is that he has participated in the auction conducted earlier, which was knocked down in his favour for Rs.15,10,000/- and he has deposited 25% of the bid amount as per the conditions notified and the remaining amount could not be deposited in view of the pendency of dispute before the A.P. Co- operative Tribunal, Visakhapatnam. When the respondents have notified by issuing further sale notice, this writ petition was filed in the year 2007 and interim orders are obtained. It is submitted by the learned counsel for petitioner that when the petitioner has expressed his intention to deposit Rs.16,00,000/-, which is the amount now fetched in the re-auction, respondents have agreed to confirm the sale in his favour on condition of depositing Rs.40,000/- towards expenditure. Even the learned counsel for respondents states that the respondents have agreed for such proposal of the petitioner. In view of the above submissions made by the learned counsel on both sides, this writ petition is disposed of, permitting the petitioner to deposit the remaining balance amount by computing the bid amount as Rs.16,00,000/-. In addition to the same, the petitioner has to deposit Rs.40,000/- towards expenditure and also to incur further expenditure towards stamp duty and other expenses, if any. The impugned sale notice issued in Form-8 is hereby set aside. Subject to the above directions, the writ petition is disposed of. No costs. ______________________ R. SUBHASH REDDY, J 9th August 2011 ajr