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Date of reserved for orders :16.06.2026 Neutral Citation:__________

Date of pronouncement : 16.07.2026 Date of uploading :16.07.2026 APHC010127192026 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3332]

(Special Original Jurisdiction)

PRESENT:THE HONOURABLE SRI JUSTICE RAVI CHEEMALAPATI WRIT PETITION NO: 6724/2026 Between:

1. BALAGAM SRI VIJAYA BHARGAVI, W/O. M NAGA PHANEENDRA KUMAR AGED 39 YEARS, OCC HOUSE WIFE R/O HOUSE NO 15- 323 14 1, DEVUNI CHERUVU AREA NEAR THAVUDU FACTORY, MACHAVARAM, MACHILIPATNAM, KRISHNA-521001 ANDHRA PRADESH.

...PETITIONER AND

1. THE REGIONAL MANAGER, REGIONAL OFFICER -

MACHILIPATNAM, UNION BANK OF INDIA, BRUNDAVAN HOSPITAL ROAD MACHILIPATNAM, KRISHNA DISTRICT - 521001

2. THE BRANCH MANAGER, UNION BANK OF INDIA KTRWC BRANCH, PAMARRU ROAD RTC COLONY, GUDIVADA-521301.

...RESPONDENT(S):

Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue a writ, order or direction more particularly one in the nature of Writ of mandamus declaring the inaction of the Respondent Bank in not returning the gold ornaments weighing 67.1 grams pledged against gold loan A/c No 154216540001812 even after full and final payment made on 19.08.2024 while not issuing No Due Certificate as illegal and violative of Art

14, and 300A of the Constitution of India, consequently directing the Respondent Bank to return/release the said gold ornaments deposited by the Petitioner within a time bound manner.

IA NO: 1 OF 2026 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased May be pleased to direct the respondent bank to return/release the gold ornaments deposited by the Petitioner weighing 67.1 grams pledged against gold loan A/c No 154216540001812 even after full repayment made by the Petitioner on 19.08.2024 and to issue No Due Certificate against gold loan.

IA NO: 2 OF 2026 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased leased to direct the Respondent Bank to compensate the Petitioner at the rate of Rs. 5000/- for each day of delay from 06/06/2025 as per the directions of the Reserve Bank of India (Lending Against Gold and Silver Collateral), Directions 2025 more particularly para 46 pursuant to delay in release of the pledged collateral after full payment by the Petitioner, where reasons are attributable to the Respondent Bank herein.

Counsel for the Petitioner:

1. ATI NAGA SURYA VENKATESH Counsel for the Respondent(S):

1. V DYUMANI ORDER This Writ Petition has been filed questioning the action of the respondent bank in not returning the gold ornaments weighing 67.1 grams pledged against gold loan A/c.No.154216540001812 even after full and final payment of the loan amount.

2. The case of the petitioner, in brief, is that her husband was an employee of respondent bank and he is presently under termination and the said termination order is under challenge before the appellate authority. That she had availed gold loan from the respondent bank to the tune of Rs.2,85,000/- vide Gold Loan A/c.No.154216540001812 on 11.12.2023 by pledging gold ornaments weighing 67.1 grams and within five (05) days of sanction of the said gold loan, due to the reasons related to her husband’s housing loan, the gold loan account was declared as Non-Performing Asset (NPA) on 16.12.2023 and the bank had issued demand notices dated 03.01.2024 and 25.07.2024 to clear the entire dues of the gold loan and on 08.08.2024 final auction notice was issued proposing the date of auction as 23.08.2024, thereafter, on 19.08.2024, the petitioner had repaid the entire loan amount and accordingly the gold loan account was closed by the respondent bank on 23.08.2024.

It is the further case of the petitioner that thereafter the petiti