JUDGMENT :

S. N. PRASAD, J.

1. The auction sale dated 11.2.2015 under Annexure-2 initiated in exercise of power conferred under section 13(12) of the Securitization & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 is under challenge.

2. This Court while issuing notices to the opposite parties vide order dated 26.2.2015 has passed the following order:

“Heard.

Issue notice to the opposite parties by registered post with A.D. making it returnable within four weeks.

Requisites shall be filed by 03.03.2015.

List this matter after four weeks.

As an interim measure, it is directed that no coercive action shall be taken against the petitioner nor the petitioner shall be dispossessed from the property in question till the next date subject to the petitioner depositing a sum of Rs.5,00,000/-(Rupees five lakhs) with the Registry of this Court within two weeks. However, the action pursuant to the sale notice under Annexure-2 in respect of Lot no.2 may be held but the sale shall not be confirmed without leave of this Court.

Urgent certified copy of this order be granted on proper application after filing requisites.”

3. The opposite parties 7 (the auction purchaser) and 8