IN THE HIGH COURT OF JUDICATURE OF ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) THURSDAY THE TWENTY SECOND DAY OF NOVEMBER TWO THOUSAND AND SEVEN :PRESENT: THE HON'BLE SRI JUSTICE P.S.NARAYANA WRIT PETITION NO : 19237 of 2007 Between: 1. Vakkalagadda Vittal Rao, S/o Govind Rao. 2. Smt.Vakkalagadda Siva Amnnapurna Lakshmi Prabhavathi W/o Vittal Rao. ..... Petitioner AND Union Bank of India, rep. by its Authorized Officer, 2nd Floor, Nataraj complex, Kaleswara Rao Road, Vijayawada-2, Krishna District. .Respondent Petition under Article 226 of the constitution of India praying that in the circumstances stated in the Affidavit filed herein the High Court may be pleased to issue a writ, order or direction more in the nature of Mandamus declaring the action of the respondent Bank in Classifying the loan account of the 2nd petitioner as non- performing Asset and issuing the notice dated 3-2-2007 under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and also Pro.Ref.Nod.RO/CRLD/5170, dated 3-9-2007 to take possession of the secured asset namely 171-10 sq.yards site together with four storied building thereon bearing D.No.26-15-5, Undavallivari Street, Gandhinagar, Vijayawada belonging to the 1st petitioner is as illegal, arbitrary, unjust, and contrary to law and also in violation of the principles of natural justice, equity and fair play and subversive of Articles 19(1)(g) and 21 of the Constitution. The petition coming on for hearing, upon perusing the petition and the affidavit filed herein and the order of the High Court dated 11-9-2007, 27-9-2007, 25-10-2007 and 15-11-2007 and upon hearing the arguments of SriE.V.S.S.Acharyulu, Advocate for the Petitioner, the Court made the following ORDER: “Interim stay granted earlier is extended by three more weeks. List the matter after two weeks.” ASSISTANT REGISTRAR // TRUE COPY // for ASSISTANT REGISTRAR To 1. The Authorized Officer, Union Bank of India, 2nd Floor, Nataraj complex, Kaleswara Rao Road, Vijayawada-2, Krishna District. 2. One CC to Sri E.V.S.S. Acharyulu, Advocate (OPUC). 3. One spare copy. MVJ. HIGH COURT PSN,J DATED: 22-11-2007 NOTE: LIST THE MATTER AFTER TWO WEEKS. ORDER W.P.NO. 19237 OF 2007 EXTENSION MVJ DRAFTED ON 03-12-2007 HIGH COURT PSN,J DATED: 22-11-2007 NOTE: LIST THE MATTER AFTER TWO WEEKS. ORDER W.P.NO. 19237 OF 2007 EXTENSION