HON'BLE SRI JUSTICE GHULAM MOHAMMED AND HON'BLE SRI JUSTICE K.G. SHANKAR WRIT PETITION NO. 5690 OF 2011 Between: Venkapalli Chandravathi W/o Venkateswarlu and one another ………….Petitioner AND The Authorized Officer, State Bank of India, Draksharama Branch and two others ………….Respondents ORDER: (Per Hon'ble Sri Justice Ghulam Mohammed) This Writ Petition has been filed seeking to issue an order particularly one in the nature of Writ of Mandamus declaring the action of the respondent in conducting the auction for sale of the petitioner’s schedule property, without giving any opportunity to the petitioners to get the same sold by way of private negotiations and not allowing the third parties to inspect the property in order to express their choice of price, as illegal and arbitrary. Brief facts of the case are that the petitioners herein availed a term loan from the State Bank of India, Draksharama Branch for business purpose and they committed default in payment of the above loan amounts. Hence, the respondent-bank served notice against them. After that petitioners herein and the respondent-Bank came to an understanding in clearing off the outstanding loan amount. It is stated that as the petitioners herein could not raise the balance amount to clear of the outstanding amount of about Rs. 46.71 lakhs, as per understanding, petitioners herein approached the Bank authorities to permit them to sell the mortgaged property by way of private negotiation and initially the Bank agreed for the same. It is stated that the Bank authorities are not allowing the intended purchasers to inspect the premises, therefore, the purchasers are not coming forward to purchase the same. Aggrieved by the same, petitioners preferred the present Writ Petition. The main grievance of the petitioners herein is that the Bank authorities are not allowing the intended purchasers to inspect the premises and they do not know when the auction scheduled to be held, therefore, requesting this court to permit them to participate in the auction. In view of the above facts and circumstances of the case, it is always open for the purchasers of the petitioners to participate in the auction and bid for the property on the date of auction. The respondents herein are directed to inform the petitioners herein about the date of auction to be held, so as to enable them to participate in the auction. Accordingly, the Writ Petition is disposed of. There shall be no order as to costs. ________________________ GHULAM MOHAMMED, J _____________________ K.G. SHANKAR, J DATE: 08.03.2011 KA ... REGISTRAR // TRUE COPY // SECTION OFFICER To 1. 2 CD copies.