THE HON'BLE SRI JUSTICE N.V. RAMANA & THE HON'BLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION NO :23620 of 2011 Dated: 24.10.2011 Between: Devarakonda Ravi ..Petitioner And 1. The Chief Manager, State Bank of India, Nampally, Hyderabad and another. ..Respondents This Court made the following: THE HON'BLE SRI JUSTICE N.V. RAMANA & THE HON'BLE SRI JUSTICE P. DURGA PRASAD W.P.No.23620 of 2011 ORDER: (Per Hon’ble Sri Justice N.V. Ramana) This writ petition is filed seeking to declare the action of the respondents in issuing possession notice under Section 13(4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, without following the procedure as contemplated under Section 13(2) of the Act, as illegal and arbitrary and consequently to direct the respondents to receive actual monthly instalments due at the rate of Rs.9,025/- per month only, regularize the account and not to proceed further in pursuance of the impugned notice dated 1.8.2011 including dispossession of the petitioner from the schedule house bearing No.3-11-15 part on plot No.D part, in Sy.No.28/1 and 2 area an extent of 76 sq. yards or 63.5 sq. meters situated at Gokhale Naghar, Ramanthapur village Revenue Mandal, Uppal GHMC, Uppal Circle, Hyderabad. On 24.8.2011, while ordering notice before admission, this Court passed the following order: “There shall be interim suspension of the operation of possession notice dated 1.8.2011 subject to the condition of the petitioner depositing a sum of Rs.2.00 lakhs (Rupees two lakhs only) to the respondent Bank within a period of six weeks. In the meantime, the respondent-Bank shall not take any coercive steps to recover the entire outstanding loan amount from the petitioner. The petitioner shall also submit a fresh application to the Bank for rescheduling of his loan account. In case, the petitioner fails to deposit the amount of Rs.2.00 lakhs within the time stipulated, the interim order shall stand vacated automatically.” Today, when this matter is taken up, both the Counsel represented that the petitioner has not complied with the conditional order dated 24.8.2011. In view of the non-compliance of the conditional order passed by this Court, we are not inclined to entertain this writ petition. Accordingly, the writ petition is dismissed. No order as to costs. __________________ Justice N.V. Ramana DATE: 24.10.2011 ____________________ Justice P. Durga Prasad nn THE HON'BLE SRI JUSTICE N.V. RAMANA & THE HON'BLE SRI JUSTICE P. DURGA PRASAD W.P.No.23620 of 2011 (Order delivered by the Hon’ble Sri Justice N.V. Ramana) 24.10.2011 Nn