THE HONOURABLE SRI JUSTICE N.V. RAMANA AND THE HONOURABLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION No. 26467 of 2011 ORDER: (Per Hon’ble Sri Justice N.V. Ramana) Aggrieved by the action of the respondent in filing petition in C.C. No. 985 of 2011, under Section 14(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of the Security Interest Act, 2002, before the Chief Metropolitan Magistrate, Visakhapatnam, the petitioner filed the present writ petition. This Court, on 21.09.2011, while ordering notice before admission, granted stay of taking over possession of the schedule property for a period of four weeks, subject to the condition of the petitioner paying Rs.3,50,000/-, within a period of two weeks from that day. Today, at the hearing, it is brought to the notice of the Court that the petitioner has not complied with the aforesaid conditional order. As the petitioner failed to comply with the conditional order passed by this Court, he is not entitled to any indulgence by this Court and the writ petition is liable to be dismissed. The writ petition is accordingly dismissed. No order as to costs. _____________ N.V. RAMANA, J _________________ P. DURGA PRASAD, J 10th November, 2011 IBL