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2023 Supreme(Online)(Tel) 29170

IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
SUREPALLI NANDA, J
Dr Venkata Ramana Rao Maganti – Appellant
Versus
UCO Bank and others – Respondent


Advocates:
For the Appellants/Petitioners: Mr Vikram Poosarala, Abhinay Reddy M, Shreya Devaki
For the Respondents: M/s M.Shalini, G.Praveen Kumar

COMMON ORDER:

Heard Mr. Vikram Poosarala, the learned Senior Counsel representing Mr Abhinay Reddy M, learned counsel in W.P.No.2202 of 2023 and Mr Shreya Devaki, learned counsel in W.P.No.2206 of 2023 appearing on behalf of the Petitioners, M/ s M.Shalini, learned standing counsel appearing on behalf of Respondent Nos.1 to 3 and Mr G.Praveen Kumar, learned Deputy Socilicor General of I ndia appearing on behalf of Respondents 4 to 6.

2. Petitioner in W.P.No.8202 of 2023 approached the Court seeking prayer as under :

“to pass an order or orders, direction or writ more particularly one in the nature of writ of Mandamus declaring the Look-Out Circular issued by the Respondent Bank against the petitioner is contrary to Look-Out Circular guidelines dated 22.02.2021 (Ref.No.25016/2017-Imm(Pt.)) and consequently, to set aside the same.

3. Petitioner in W.P.No.8206 of 2023 approached the Court seeking prayer as under :

“to pass an order or orders, direction or writ more particularly one in the nature of writ of Mandamus declaring the Look-Out Circular issued by the Respondent Bank against the petitioner as being contrary to Look-Out Circular guidelines dated 22.02.2021 (Ref.No.25016/2017-Imm(Pt

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