IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD WRIT PETITION No. 3687 of 2026

06^th FEBRUARY, 2026 Between:

Mr. Kotagiri Ashok Kumar, Hyderabad. …Petitioner AND The Union of India, Rep. by its Principal Secretary, Department of Banking and Insurance, Jeevandeep Building, Parliament Street, New Delhi and others.

…Respondents

ORDER

The W.P. is filed with the following prayer:

“…to issue an appropriate writ, order or direction, more in the nature of Mandamus, declaring the inaction of the 2nd and 3rd respondents in not releasing the mortgage in respect of the property i.e. the land an extent of Acre 02.11 guntas in Sy. No.114/A2, situated at Venkatapuram Village, Mudigonda Mandal, Khammam District, belonging to the petitioner in spite of repaying the entire loan amount as illegal, arbitrary and violative of the provisions under Articles 14, 21 and 300-A of the Constitution of India and consequently to direct the 2^nd and 3^rd respondents to release the mortgage in respect of the property i.e. the land an extent of 02.11 guntas in Sy. No.114/A2, situated at Venkatapuram Village, Mudigonda Mandal, Khammam District, belonging to the petitioner in the interest of justice.…”

2. Heard Mr. Neeli Venkatadri, learned counsel for the petitioner. Perused the record.

3. It is seen that the Writ Petition is filed seeking relief against respondent Nos.2 and 3 which are private financial institutions and respondent No.1-Union of India, is a formal party.

4. A Writ Petition against private financial institutions is not maintainable. The Banks and the financial institutions in the Country are bound by the guidelines of the Reserve Bank of India. In case of any grievance thereof, the petitioner has to avail the remedies before the appropriate forum.

5. In the result, the Writ Petition is dismissed as not maintainable. There shall be no order as to costs.

Miscellaneous petitions, if any, pending in this petition, shall stand closed.

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RENUKA YARA, J W.P. No. 3687 of 2026