HON’BLE SRI JUSTICE NAGESH BHEEMAPAKA WRIT PETITION No. 16108 OF 2025

O R D E R:

Petitioner’s case is that Respondent No.1 is functioning as a specialized branch to handle NPA accounts and undertake proceedings under the SARFAESI Act for realization of security interest. Respondent No.4 is the Head Office of the Union Bank of India, while Respondent Nos. 2 and 3 are formal parties to the case.

1.1. It is stated, Novus Green Energy Systems Ltd., a company under the Companies Act, 2013, had availed several credit facilities from the Union Bank of India through its Mid Corporate Branch, Jubilee Hills, Hyderabad. After classification of those loan accounts as Non-Performing Assets (NPA), the accounts were transferred to Respondent No.1 for recovery. The Bank, in order to recover dues, invoked provisions of the SARFAESI Act, 2002, and initiated steps to enforce the security interest created by guarantors. Among the securities was the subject property, which had been mortgaged by one Sri Yenigalla Vardhaman through his attorney holder, Sri Yenigalla Anshuman.

1.2. While so, Respondent No.1 issued a public auction notification dated 14.02.2025 for the sale of various properties, including th