IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) WEDNESDAY, THE TWENTY SECOND DAY OF JUNE TWO THOUSAND AND FIVE PRESENT THE HON'BLE SRI BILAL NAZKI THE ACTING CHIEF JUSTICE and THE HON'BLE SRI JUSTICE G.CHANDRAIAH WRIT PETITION No. 21889 of 2003 Between: 1. Aggani Chandraiah, S/o. Mallaiah, R/o.13-1-96, Papaiahpet Chaman, Warangal. 2. Mrs. Aggani Saroja W/o A.Chandraiah, R/o. 13-1-96, Papaiah Chaman, Warangal. ..... PETITIONERS AND 1. The Union of India, Rep. by its Secretary, Ministry of law, Shastri Bhavan, New Delhi. 2. The Reserve Bank of India, represented by its Deputy Governor, Mumbai. 3. The Authirised Officer, (Under Act 54 of 2002), Andhra Bank, Zonal Office, Kurnool. 4. M/s Andhra Bank, represented by its Branch Manager, Srisailam Brach, Kurnool District. .....RESPONDENTS Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the Affidavit filed herein the High Court will be pleased to issue any appropriate writ, order or direction preferably a writ in the nature of Writ of Mandamus declaring the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 especially Sections 13,15 and 34 of the said Act, as being arbitrary, illegal and violative of Article 14 of the Constitution of India and consequently set aside the notice dated 5/3/2003 issued by the 3rd respondent in the interest of justice and equity and pass such other order or orders. Counsel for the Petitioner: Mr. A.RAVINDER Counsel for Respondent No.1: Mr. A.RAJASHEKAR REDDY (ASST.SOLICITOR GENERAL) Counsel for Respondent No.2: Mr.K.Srinivasa Murthy Counsel for Respondents 3 & 4: Mr.Nooty Rammohan Rao. The Court made the following : ORAL ORDER: (per Honourable Sri Bilal Nazki, the Acting Chief Justice) In view of the judgment of the Supreme Court in Mardia Chemicals Limited v. Union of India, this Writ Petition is dismissed. No costs. __________________ BILAL NAZKI, ACJ. 22.6.2005 __________________ G.CHANDRAIAH, J. VR To 1. The Secretary to Government of India, Ministry of law, Shastri Bhavan, New Delhi. 2. The Deputy Governor, Reserve Bank of India, Mumbai. 3. The Authirised Officer, (Under Act 54 of 2002), Andhra Bank, Zonal Office, Kurnool. 4. The Branch Manager, Andhra Bank, Srisailam Brach, Kurnool District. 5. Two CD copies.