THE HONOURABLE SRI JUSTICE N.V. RAMANA AND THE HONOURABLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION No. 1227 of 2011 ORDER: (Per Hon’ble Sri Justice N.V. Ramana) Questioning the action of the respondent bank in issuing paper publication for taking possession of the subject property of the petitioner under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the petitioner filed the present writ petition. When the matter is taken up for hearing, the counsel for the petitioner submitted that the petitioner is negotiating with the respondent bank to settle the matter. In the circumstances, we deem it appropriate to dispose of the writ petition by directing the petitioner to negotiate with the respondent bank and settle the matter within two weeks. Till such time, the respondents are directed not to take any coercive steps. The writ petition is accordingly disposed of. No order as to costs. _____________ N.V. RAMANA, J _________________ P. DURGA PRASAD, J 18th August 2011 IBL