A.RAJASHEKER REDDY, SHAMEEM AKTHER
J. Mahesh Babu – Appellant
Versus
State Bank of India – Respondent
ORDER :
A. Rajasheker Reddy, J.
1. This writ petition is filed by the petitioners who claim to be the auction purchasers in respect of land in an extent of Ac.16.28 guntas situate in Sy.Nos.173, 334 (Part), 345, 347, 348 and 349, Yedhira village, Mahabubnagar mandal and District, in an e-auction conducted on 01-02-2020 and were declared successful bidders; pursuant thereto the sale in respect thereof was confirmed in their favour. The total bid amount is Rs.12,10,00,000/- (Rupees Twelve Crores Ten Lacs Only) and the petitioners paid the entire amount in respect of the bid by 03-07-2020. However, before the sale certificate could be issued, the petitioners came to know that a part of auctioned land was found to be a surplus land under the provisions of Telangana Land Reforms (Ceiling of Agricultural Holdings) Act, 1973 and vests with the Government. Since the 2nd respondent did not show prefect title of the land in question, the petitioners made representation dated 01-10-2020 to refund the amounts paid by them with interest @ 18% per annum. Pursuant to the same, an amount of Rs.12,10,92,500/- (Rupees Twelve Crores Ninety Two Thousands Five Hundred Only) was returned to the petitioner
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