THE HON'BLE MR JUSTICE GHULAM MOHAMMED and THE HON'BLE MR JUSTICE K.G.SHANKAR W.P.No.13089 of 2010 ORDER: (Per Sri Justice Ghulam Mohammed, J) The petitioners approached the respondent Bank for house loan facility for a sum of Rs.19,90,000/-. By sanctioning the said loan amount, the respondent released a sum of Rs.5,00,000/- on 28.08.2008 and Rs.5,00,000/- on 05.09.2008 out of the sanctioned loan amount. As the petitioners failed to repay the loan amount regularly, the respondent issued notice dated 19.11.2009, under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short ‘the Act’). The respondent filed O.A.No.27 of 2010 before the Debts Recovery Tribunal, Hyderabad (for short ‘the Tribunal’) for recovery of an amount of Rs.10,49,845/-with interest at 11% per annum from the date of the application till the date of realisation. It also filed Crl.M.P.No.186 of 2010 before the Chief Metropolitan Magistrate, Cyberabad at L.B.Nagar, under Section 14(1 & 2) of the Act, to take possession of the secured asset. Through order dated 06.05.2010, the learned Magistrate directed the Advocate Commissioner to take possession of the property of the petitioners. Aggrieved by the same, petitioners filed the present writ petition. 2. Heard the learned counsel for the petitioners and the learned Standing Counsel for the respondent-Bank. 3. This Court while admitting the writ petition on 15.06.2010, granted interim stay of all further proceedings including execution of order dated 06.05.2010 passed in Crl.M.P.No.186 of 2010 by the Chief Metropolitan Magistrate, Cyberabad at L.B.Nagar, on condition of the petitioners depositing a sum of Rs.2,00,000/- within a period of four weeks from that date, failing which, the order impugned shall automatically inoperative. 4. Today, when the matter came up for hearing, it is represented by the learned Standing Counsel for the respondent that the petitioners have not complied with the said conditional order passed by this Court. 5. On 15.06.2010, this Court passed the interim order and nearly nine months have been elapsed. The petitioner neither complied with the said order nor filed any application before this Court seeking extension of time. Further, O.A.No.27 of 2010 filed by the respondent is pending adjudication before the Tribunal. In the circumstances, we are not inclined to entertain this writ petition. 6. Accordingly, the Writ Petition is dismissed. However, the respondent is at liberty to proceed further in accordance with law. No costs. _____________________ GHULAM MOHAMMED, J _______________ K.G.SHANKAR, J Date:06.04.2011 sj