JUDGMENT

Mr. S.K. Sahoo, J. - The appellants Tribikram Padhi and Smt. Sunita Padhi have filed this appeal under section 13 of the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011 (hereafter 'O.P.I.D. Act') with a prayer to set aside the impugned order dated 08.08.2017 passed by the learned Presiding Officer, Designated Court, O.P.I.D. Act, Cuttack in Interim Application No. 03 of 2017 in rejecting their objection petition dated 18.03.2017 under section 9(3) of the O.P.I.D. Act filed for intervention in the proceeding and for exempting the property of M/s. Hitech Estate and Promoters Pvt. Ltd. as per schedule from attachment, sale and consequently permit for execution of sale deed and transfer of such property in their favour.

2. It is the case of the appellants, as per the objection petition filed before the Designated Court under section 9(3) of the O.P.I.D. Act that they came to know that the State of Odisha, represented through A.D.M. -cum-Competent Authority, Cuttack has filed an application against M/s. Hitech Estate and Promoters Pvt. Ltd. and others under section 4(3) of the O.P.I.D. Act for making the ad-interim order of attachment passed