UJJAL BHUYAN, SUREPALLI NANDA
Dasari Krishna Reddy – Appellant
Versus
L. I. C. Housing Finance Limited – Respondent
ORDER :
UJJAL BHUYAN, J.
Heard Mr. N. Ramappa, learned counsel for the petitioner; Mr. P. Hari Prasad, learned counsel for respondent No.1; Mr. G. Dinesh Patil, learned counsel for respondent No.4; and Mr. V. Madhusudhan Reddy, learned Government Pleader for Revenue for respondent No.6.
2. By filing this petition under Article 226 of the Constitution of India, petitioner seeks a direction to the first respondent i.e., Life Insurance Corporation Housing Finance Limited to take steps for cancellation of registered General Power of Attorney (GPA) document No.5168 of 2014 dated 27.11.2014 and subsequent registered sale deed document No.3693 of 2020 dated 18.03.2020.
3. Case of the petitioner is that an auction sale notice was issued by the first respondent for sale of the schedule property by way of auction sale which was proposed on 27.02.2020. The sale notice was published in two daily news papers, one in Telugu i.e., “Eenadu” and the other in English “The Hindu” on 25.01.2020. Auction sale was proposed by the first respondent because of failure of the borrower to repay the loan amount. Details of the schedule property put up for auction sale are as follows:
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