THE HON’BLE SRI JUSTICE N.V.RAMANA AND THE HON’BLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION NO.27187 OF 2010 ORDER: (per the Hon’ble Sri Justice P.Durga Prasad) This Writ petition is filed for issuance of writ of Mandamus, declaring the inaction on the part of the respondent bank in not producing most of the inventory listed items as prepared at the time of seizing the immovable property by virtue of Order vide No.B1/1374/07 dated 7th March 2007. As per the averments made in the affidavit itself it is evident that as per the Orders passed in I.A.No.812 of 2010 in S.A.No.352 of 2009 the Debt Recovery Tribunal permitted the respondent bank to sell the hypothecated property i.e. furniture and fixtures of petitioner by calling for tenders. When the tenders called by the respondent, the writ petitioners sought the respondent to produce the hypothecated property as they are ready to pay the due amount. Since the property is being sold by calling tenders as per the Orders of the Debt Recovery Tribunal and as the petitioners have paid Rs.60,000/- as per the directions of this Court in W.P.M.P.No.34733 of 2010 and ready to pay the balance amount, they are at liberty to move the Debt Recovery Tribunal for the relief claimed by them. Moreover, the relief sought for by the writ petitioners in this writ petition cannot be granted when the matter is pending before the Debt Recovery Tribunal. In the result, the writ petition is dismissed. The writ petitioners are at liberty to approach the Debt Recovery Tribunal for release of the hypothecated property and in case the petitioners move such application before the Debt Recovery Tribunal, the Tribunal shall dispose of the same by taking into consideration of the amount already deposited by the writ petitioners by virtue of interim orders passed by this Court in W.P.M.P.No.34733 of 2010. There shall be no Order as to costs. _______________________ JUSTICE N.V.RAMANA. _____________________________ JUSTICE P. DURGA PRASAD Dated:30-08-2011 Ksp