THE HON’BLE SRI JUSTICE NOOTY RAMAMOHANA RAO W.P.No. 23232 OF 2010 ORDER: This writ petition has been filed complaining bitterly about the inaction of the Andhra Pradesh State Finance Corporation (for short `APSFC’) in not returning the title deeds of the property which have been deposited with them as an additional security to a loan transaction. At my request Sri Y.N.Lohita, learned Standing Counsel for the APSFC has taken time to obtain instructions and he has filed a counter affidavit sworn to by the Assistant General Manager of the Corporation. In the said counter affidavit, it has been categorically admitted that the writ petitioner has cleared the entire loan transaction and there are no dues payable by him. It is also admitted that the corporation has no objection in principle to return the documents which have been deposited as additional collateral security. But, however, in view of the legal notice served by the writ petitioner claiming refund of RS.4.5 lakhs, they have not returned the said documents, pending a decision thereon. It is submitted that the said sum of Rs.4.5 lakhs has been credited to his loan account and thereafter only OTS scheme has given effect to. But, however, that is not an issue to be adjudicated in this writ petition. In view of the statements made in the counter affidavit, the writ petition is allowed directing the corporation to return the documents to the last known address of the writ petitioner or to the address furnished by him, by Regd. Post with Ack. Due. However, it is open to the petitioner and the respondent corporation to deal with each other appropriately relating to any of their subsisting grievances. For that purpose, the documents in question need not be held back. One week’s time is granted for return of the documents. The writ petition stands allowed. No costs. --------------------------------- Nooty Ramamohana Rao, J knk 6th October 2010 Note: CC in (2) days (b/o) knk