ORDER :

1. The petitioner is before this Court calling in question sale certificate dated 10-10-2014 issued by the Authorised Officer of the 1st respondent/Punjab National Bank (‘the Bank’ for short) in favour of the petitioner and consequently seeks a mandamus for refund of a sum of Rs. 30,69,08,217 paid by the petitioner towards purchase of schedule property along with interest and expenses incurred by it.

2. Heard Sri Venkatesh P. Dalwai, learned counsel appearing for the petitioner, Sri Vikram Huilgol, learned senior counsel appearing for respondents 1 and 2 and Sri Ashok Haranahalli, learned senior counsel appearing for respondent No. 4.

3. Facts, in brief, germane are as follows:

One Madhava Iyengar was the absolute owner of property in Sy.No. 19/A of Peenya Village, Yeshwanthpur Hobli, Bangalore North Taluk. He, at the relevant point in time, gets the property converted from agriculture to residential purposes. The property is what is described in the schedule to the petition. Respondents 1, 2 and 3/Authorized Officer of the Bank, Senior Manager of the Bank and one Smt. Poon