- 1 - VPH IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION No. 3722 OF 2010 Universal Information Communication Equipment Ltd. .. Petitioners Vs. The State of Maharashtra & Ors. ..Respondents Mr. Pradeep Kadam, for the Petitioner. Mr. R. M. Patne, AGP for Respondent No.1. Mr. Harish Pawar, for respondent No.3. CORAM : R. C. CHAVAN, J. DATED : APRIL 28, 2010. P.C. : . This petition by borrower is directed against a public auction notice at Exhibit “G” dated 25th March 2010 which mentions upset price but not the amount which is required to be recovered from the petitioner. According to the petitioner, in terms of the orders passed, and the recovery certificate issued by the Assistant Registrar, the petitioner was liable to pay simple interest @ 16.5% per annum only on the principal sum. The respondent had however, submitted calculations, - 2 - presumably before the Recovery Officer, capitalizing that interest and thus seeking to recover over Rs. 2 Crores against the dues of Rs. 22,42,798/- with simple interest @ 16.5% on Rs.10 lakhs only, and also a sum of Rs.2,83,379 + interest @ 16.5% on a sum of Rs.2,27,500/-. The notice which has been impugned in this petition does not show that the officer seeks to recover Rs.2 Crores, 8 lakhs and odd from the auction. He would obviously recover the amount which is mentioned in the recovery certificate. Therefore, there can be no objection for the auction to proceed. The apprehensions of the petitioner that after the auction, authority would recover amounts in excess of the recovery certificate, are unfounded. Writ petition is therefore, dismissed as misconceived. Sd/- [R. C. CHAVAN, J.]