SARDAR ALI KHAN, J.

( 1 ) THE petitioner prays for the Writ of Prohibition restraining the respondents from accepting the tender of Rs. 3,35,000/ for the petitioner s shed and plot (Plot No. 81, Shed No. 19, I. D. A. , Cherlapally ).

( 2 ) THE salient facts of the case are that the petitioner is the sole proprietor of M/s Vijaya Engineering Enterprises. He was allotted Plot no. 81 in Industrial Development Area, Cherlapally, wherein he constructed shed and installed machinery to run a glass moulding small scale industry in the name and style of "m/s Vijaya Engineering Enterprises". The 1st respondent-State Financial Corporation lentrs. 2,15,000/ to the petitioner for the purchase of the plot, erecting the shed and purchase of machinery etc. The total agreed amount to be lent to the petitioner according to the contract is Rs. 3,60,000/. The 1st respondent-Corporation wanted to initiate action u/s 29 of the State Financial Corporation Act against the petitioner for recovery of the amount due from him. The) petitioner filed o. S. No. 286/86 in the Court of the Ptl. District Munsif (East and North), rangareddy District and obtained a perpetual injunction against the defendants restraini

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