IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD THURSDAY, THE SIXTH DAY OF AUGUST TWO THOUSAND AND NINE PRESENT THE HON'BLE THE CHIEF JUSTICE AND THE HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY Writ Appeal Nos.481, 482 & 495 of 2009 Writ Appeal No. 481 of 2009 (Writ Appeal under Clause 15 of the Letters Patent against the Order dated 17/03/2009 in WP NO : 1380 OF 2005 on the file of the High Court.) Between: M/s. Pragada Enterprises, A Partnership Firm, Rep. by its Managing Partner Srimathi Chenna Pragada Annapurna, W/o. Krishna Murthy, Plan at Gadala, Korukonda Mandal, E.G.District, R/o. Perupalem Vill, Mogalaturu Mandal, W.G.District. ... APPELLANT AND 1) The A.P. State Financial Corporation 25-9-1-, Korukonda Road, Andhra Bank Complex, Jayakrishnapuram, Rajahmundry, East Godavari District. Rep. by its Senior Branch Manager. 2) The Andhra Pradesh State Financial Corporation Chirag-Ali-Lane, Abids, Hyderabad. Rep. by its Managing Director. ...RESPONDENTS Counsel for the Appellant: MR.S.R.SANKU & KAVITI MURLI KRISNA Counsel for the Respondents: MR.SREEMANNARAYANA VATTIKUTI Writ Appeal No.482 of 2009 (Writ Appeal under Clause 15 of the Letters Patent against the Order dated 17/03/2005 in WP NO : 10770 OF 2007 on the file of the High Court.) Between: M/s Pragada Enterprises, A partnership Petitioner Firm, Rep. by its Partner Chennapragada Saila Kumar Plant at Gadala Village, Korukonda Mandal, East Godavari District R/o Perupalem, Mogalturu Mandal, West Godavari District ... APPELLANT AND 1) The Andhra Pradesh State Financial Corporation, 25-8-1, Korukonda Road, Andhra Bank Complex, Jayakrishnapuram, Rajahmundry, East Godavari District, Rep.by its Senior Branch Manager, 2) The Andhra Pradesh State Financial Corporation, 25-8-1, Korukonda Road, Andhra Bank Complex, Jayakrishnapuram, Rajahmundry, East Godavari District, rep. by its Special Deputy Tahsildar. ...RESPONDENTS Counsel for the Appellant: MR.S.R.SANKU & KAVITI MURLI KRISNA Counsel for the Respondents: MR.SREEMANNARAYANA VATTIKUTI Writ Appeal No.495 of 2009 (Writ Appeal under Clause 15 of the Letters Patent against the Order dated 17/03/2009 in WP NO : 21472 OF 2005 on the file of the High Court.) Between: M/s. Pragada Enterprises, A Partnership Petitioner Firm, Rep by its Managing Partner Chennapragada Annapurna, W/o.Krishna Murthy, Plant at Gadala Village, Korukonda Mandal, E.G.district, R/o.Perupalem, Mogalturu Mandal, W.G.district. ... APPELLANT AND 1) The A.P.State Financial Corporation, 25-8-1, Korukonda Road, Andhra Bank Complex, Jayakrishnapuram, Rajahmundry, E.G.district, Rep by its Senior Branch Manager. 2) The A.P.State Financial Corporation, Chirag Ali Lane, Abids, Hyderabad, Rep By its Managing Director. 3) Sri K.S.Rao, S/o.Musalaiah, A.P.State Financial Corporation, Near Bus Stand, Boyawada, Nalgonda. 4) Dr.V.R.Devi, M/s.Pragada Enterprises, Gadala Village, Korukonda Mandal, E.G.District. ...RESPONDENTS Counsel for the Appellant: MR.S.R.SANKU & KAVITI MURLI KRISNA Counsel for Respondent Nos.1 & 2: MR.SREEMANNARAYANA VATTIKUTI Counsel for Respondent Nos.3 & 4: NONE APPEARED The Court made the following: ORAL JUDGMENT: (per Shri Anil R. Dave, Hon’ble the Chief Justice) 1. At the time of hearing of the appeal, it has been submitted by the learned advocates appearing for the appellant as well as the respondents that the amount payable by the appellant has already been paid. 2. In view of the submission made by the learned advocates, the grievance which has been ventilated in these appeals would not survive. 3. However, the learned advocate for the appellant has submitted that the water purification plant and building belonging to the appellant had been sold away at a throw away price and the respondents ought to have given the appellant the benefit of “one time settlement” scheme before selling the plant and the building. According to him, the appellant is also entitled to damages and would be availing the remedy of filing a civil suit for claiming damages. 4. It would be open to the appellant to take appropriate legal remedies for recovery of damages. 5. It has been further submitted by the learned advocate for the appellant that though the dues have been paid by the appellant, the respondents have not released the collateral securities in favour of the sureties. 6. As the appellant has already paid the dues, the respondents shall release the collateral securities in favour of the sureties. 7. Subject to the above observations and direction, the appeals stand disposed of. ANIL R. DAVE, CJ August 06, 2009 C.V. NAGARJUNA REDDY, J svs ........REGISTRAR To 1. 2.2 CD copies Form-NIC-OGS/WA {KBJ}