THE HONOURABLE SRI JUSTICE N.V. RAMANA AND THE HONOURABLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION No. 29205 of 2011 ORDER: (Per NVR,J) Questioning the action of the respondent in issuing notice dated 20.10.2011 under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the petitioner filed the present writ petition. This Court, while admitting the writ petition on 01.11.2011, granted interim stay of all further proceedings in pursuance of the impugned notice, subject to the condition of the petitioner depositing half of the amount demanded in the impugned notice dated 20.10.2011, within a period of ten days from the date of order. At the hearing, the counsel for the respondent submitted that the petitioner has not complied with the aforesaid conditional interim order, in spite of this Court extending the time to comply with the same by two more weeks from 24.11.2011. The counsel for the petitioner did not dispute the submission of the counsel for the respondent and he seeks some more time. As the petitioner failed to comply with the conditional order passed by this Court, in spite of granting further time, 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 order as to costs. ___________________ JUSTICE N.V. RAMANA _________________________ JUSTICE P. DURGA PRASAD 14th December, 2011 IBL