SARDAR ALI KHAN, J.

( 1 ) THE petitioner prays for a 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 Vijaya Engineering Enterprises. He was allotted plot No. 81 in Industrial Development Area, Cherlapally, wherein he constructed a shed and installed machinery to run a glass- moulding small scale industry in the name and style of "m/s Vijaya Engineering Enterprises. " The first respondent-State Financial Corporation lent Rs. 2,15,000 to the petitioner for the purchase of the plot, erecting the shed, purchase of machinery, etc. The total amount agreed to be lent to the petitioner according to the contract is Rs. 3,60,000. The first respondent- Corporation wanted to initiate action under section 29 of the State Financial Corporations Act, 1951, against the petitioner for recovery of the amount due from him. The petitioner filed O. S. No. 286 of 1986 in the Court of the Principal District Munsif (East and North), Rangareddy District, and obtained a perpetual injunction against t

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