ORDER :

1. W.P. No. 2109 of 2020 is filed by Indian Overseas Bank challenging the order of the Debts Recovery Tribunal-II Hyderabad (for short the Tribunal) in S.A. No. 268 of 2018 dated 7.1.2020. Petitioners in W.P. No. 2276 of 2020 are auction purchasers of secured assets. They are also aggrieved by order passed by the Debts Tribunal in S.A. No. 268 of 2018 dated 7.1.2020. W.P. No. 2751 of 2020 is filed by the borrower and its Directors, challenging very same order of the Tribunal in S.A. No. 268 of 2018 dated 7.1.2020.

2. As these three writ petitions arise out of order of the Debts Recovery Tribunal-II Hyderabad in S.A. No. 268 of 2018 dated 7.1.2020, they are considered together and common decision is made. Petitioners in W.P. No. 2751 of 2020 are respondent Nos. 1 to 3 and petitioners in W.P. No. 2276 of 2020 are respondent Nos. 4 and 5 in W.P. No. 2109 of 2020. For the sake of convenience, parties are referred to as arrayed in W.P. No. 2109 of 2020.

3. Petitioner bank extended loan facilities to a tune of Rs. 30.93 crores to respondent no. 1 represented by respondent nos. 2 and 3. Holding that respondents 1 to 3 defaulted in repayment of loan, petitioner bank classified the loa