SM 1 915.wp.600.11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 600 OF 2011 Andhra Bank ....Petitioner Versus Siddhant Industries Private Limited and ors. ....Respondents ____________ Mr. S. K. Chari i/b M. V. Kini & Co. for the Petitioner. None for the Respondents. CORAM: DR. D. Y. CHANDRACHUD & A. A. SAYED, J.J. DATED : AUGUST 20, 2011. P.C.: The Debts Recovery Tribunal directed the Petitioner not to take possession of the secured asset till the next date of hearing subject to deposit of Rs.20,00,000/- (Rupees Twenty Lakhs) by the borrower into the loan account. The bank was, however, granted liberty to proceed against the secured asset for recovery of the debt on failure of compliance of the borrower. This order was passed on 23 November 2010; and the further hearing was posted to 23 December 2010. 2. In view of the fact that the proceedings are pending before the Debts Recovery Tribunal, Counsel does not press the Petition but seeks a direction for expeditious disposal. We direct the Tribunal to expeditiously dispose of the pending application. The Petition is, accordingly, disposed of. (A. A. SAYED, J.) (DR. D. Y. CHANDRACHUD, J.)