ORDER :

V. Ramasubramanian, J.

1. A company in respect of which a "Resolution Process" has been initiated in terms of the provisions of the Insolvency and Bankruptcy Code, 2016 has come up with the above three writ petitions, challenging in the first writ petition the measures taken by the secured creditors under the Securitisation Act, 2002, purportedly in violation of the directions issued by the Reserve Bank of India (RBI) under Section 35-AB of the Banking Regulation Act, 1949 and challenging in the second and third writ petitions, the auction sale of some properties under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (the Securitisation Act, 2002, for short).

2. Heard Mr. S. Ravi, learned Senior Counsel and Mr. M. Laxminarasimham, learned Counsel appearing for the petitioners, Mr. R. Raghunandan Rao, learned Senior Counsel appearing for Andhra Bank, Mr. S. Niranjan Reddy, learned Senior Counsel appearing for the auction purchaser, Ms. T. Vidya Rani, learned Standing Counsel for Canara Bank, Mr. Ch. Siva Reddy, learned