THE HON'BLE SRI JUSTICE GHULAM MOHAMMED and THE HON'BLE SRI JUSTICE K.G.SHAKAR WRIT PETITION No.19514 of 2010 ORDER: (per Hon’ble Sri Justice Ghulam Mohammed) This Writ Petition is filed by the petitioner questioning the auction notice issued under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short ‘the Act’) and consequently to set aside the same. The petitioner purchased an extent of Ac.1.15 gts in Sy.No.200 of Satwar Village, Zaheerabad Mandal, Medak District vide registered sale deed dated 24.06.2008. The petitioner states that his vendor was running petrol pump in the property in question in the name and style of ‘Saibaba Filling Station’ and made him to purchase the said property. Subsequently, it came to light that his vendor had availed loan of Rs.50.00 lakhs from the respondent-bank and committed default in payment of the said amount. On the respondent-bank, invoking the provisions of the Act, issuing the impugned auction notice proposing auction on 09.08.2010, the petitioner filed the present writ petition. Heard the learned counsel for the petitioner and the learned counsel for the respondent-bank. This Court, by order dated 09.08.2010 in WPMP.No.24736 of 2010, stayed the auction subject to the condition of the petitioner depositing Rs.5,00,000/- within one week from 09.08.2010 and on further depositing a sum of Rs.5,00,000/- within one week thereafter. It is brought to the notice of this Court that the order dated 09.08.2010 has not been complied with. Since the order of this Court has not been complied with, we are not inclined to show any indulgence in favour of the petitioner. The Writ Petition fails and is, accordingly, dismissed. No order as to costs. GHULAM MOHAMMED,J K.G.SHAKAR,J Dt:14.06.2011 usd