THE HONOURABLE SRI JUSTICE N.V. RAMANA AND THE HONOURABLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION No. 25943 of 2008 ORDER: (Per Hon’ble Sri Justice N.V. Ramana) This writ petition is filed seeking a writ of Mandamus declaring the action of the respondent in initiating proceedings under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, as illegal and arbitrary. This Court, on 27.11.2008, while admitting the writ petition, granted interim stay of all further proceedings, on condition that the petitioner deposits half of the demanded amount within a period of four weeks. When the matter was taken up for consideration on 03.12.2011, none appeared for the petitioner and therefore the matter was directed to be posted for dismissal. Accordingly, the matter is listed today for dismissal. However, when the matter is called, none appears for the petitioner and there is no representation. The counsel appearing for the respondent submitted that the petitioner has not complied with the aforesaid conditional interim order passed by this Court. As the petitioner failed to comply with the conditional order passed by this Court, we are not inclined to show any indulgence to the petitioner and the writ petition is liable to be dismissed. The writ petition is accordingly dismissed. No costs. _____________ N.V. RAMANA, J _________________ P. DURGA PRASAD, J 9th December 2011 IBL