M/s.Muralikrishna Rice and Flour Mill v. The Court made the following

Smt. Alla Anjaneyamma, W/o.A.Suryanarayana, R/o.H.No.7-4-1, Medara Basti, Kothagudem, Khammam Dist ..... APPELLANT(S) AND 1 The State Bank Of Hyderabad, Rep.by its Authorized officer, Kothagudem, Khammam Dist. 2 The Branch Manager, State Bank of Hyderabad, Kothagudem Main Branch, Near Railway Station, (Bhadrachalam Road), Khammam Dist .....RESPONDENT(S) Counsel for the Appellant: MR.KOWTURU VINAYA KUMAR Counsel for the Respondent No.: MR.A.KRISHNAM RAJU The Court made the following : JUDGMENT Per Anil R. Dave, CJ In view of the fact that the challenge in the Writ Petition is only against the show cause notice issued under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short ‘the Act’), the learned counsel for the appellants seek leave to withdraw the appeal so as to enable the appellants to submit reply to the show cause notice given by the creditor bank. Permission is accorded. The appeal is disposed of as withdrawn. The appellants shall submit their reply within a period of two weeks from today. The creditor-bank shall not take any action till reply to the notice is received and considered in accordance with law if no action has been taken so far. ANIL R. DAVE, CJ 9th April, 2008 R. SUBHASH REDDY, J