HONOURABLE SRI JUSTICE ASHUTOSH MOHUNTA WRIT PETITION No.20802 OF 2008 Between: K.Krishna Mohan Rao and others … Petitioners and Andhra Pradesh State Financial Corporation, rep. By its Senior Branch Manager …. Respondent This court made the following: HONOURABLE SRI JUSTICE ASHUTOSH MOHUNTA WRIT PETTION No.20802 OF 2008 ORDER: The petitioners have prayed that a writ in the nature of Mandamus be issued declaring the action of the respondent in trying to sell the agricultural lands in an extent of Ac.01-58 cents in D.No.762/1 and 762/3 along with building and machinery situated at Mulpuru village, Amrathluru Mandal, Guntur District, which was mortgaged by them as surety by invoking Section 29 of the State Financial Corporations Act, 1951 (for short, “the Act’’), as illegal and arbitrary. During the pendency of the writ petition an advertisement was issued by the respondent seeking to auction the suit property. However, as the petitioners approached this Court, an interim stay was granted. Learned counsel for the respondent states that though possession of the suit land has been taken over by the respondent- Corporation, the same has been restored to the petitioner on 11.11.2008 and they have withdrawn the proceedings under Section 29 of the Act. In view of the fact that the proceedings under Section 29 of the Act have already been withdrawn and the possession has been restored to the petitioner, the Writ Petition has been rendered infructuous and the same is dismissed as such. The respondents, however, are at liberty to recover the amount from the petitioners in accordance with law. The Writ Petition is dismissed as infructuous. There shall be no order as to costs. _______________________ ASHUTOSH MOHUNTA, J 30th November 2010 lmv