THE HON'BLE MR JUSTICE GHULAM MOHAMMED and THE HON'BLE MR JUSTICE K.G.SHANKAR Writ Petition No.17345 of 2011 ORDER (Per Sri Justice Ghulam Mohammed) This writ petition is filed seeking a Mandamus to declare the action of the first respondent-Debts Recovery Tribunal, Visakhapatnam (for short ‘the Tribunal’), in not taking up the matter pursuant to the common order passed in I.A.Nos.956 of 2008 and 134 and 79 of 2009 in O.A.No.181 of 2008, dated 24.02.2009, as illegal and arbitrary. 2. The brief facts are that the second respondent-Bank filed O.A.No.181 of 2008 before the Tribunal against respondent Nos.3 to 6 for recovery of loan amount to the tune of Rs.57,11,09,454/- along with interest due from 01.12.2008. In the said O.A., the Tribunal by the order impugned appointed an Advocate Commissioner to take possession of the assets and sell them. In the auction conducted on 16.12.2010, the petitioner was declared as highest bidder and it deposited a sum of Rs.1,10,00,000/- i.e., 10% of the bid amount towards security deposit. The petitioner states that though it is ready to deposit the balance payment to take delivery of auctioned material, the Tribunal has not passed any orders in the O.A. pursuant to the order impugned. 3. Heard the learned counsel for the petitioner and perused the material on record. 4. Since the petitioner, who is the highest bidder in the auction, had deposited a sum of Rs.1,10,00,000/- and it is stated that it is ready to deposit the balance amount, without going into the merits of the matter, we deem it appropriate to direct the Tribunal to take further steps in O.A.No.181 of 2008 on the next date of hearing, and pass appropriate orders in accordance with law. 5. With the above direction, the Writ Petition is disposed of. No costs. _____________________ GHULAM MOHAMMED, J _______________ K.G.SHANKAR, J Date:23.06.2011. Note: Issue CC within one week. (Bo) sj